Packaging materials are required to contain and preserve materials, enable safe transportation, and serve as a means of informing end customers of the material characteristics its contents. The supply chain for industrial packaging comprises raw material suppliers, transport providers, end-product manufacturers, packaging waste contractors, and recycling service providers.
Asia-Pacific to Dominate the Market Demand in Industrial Packaging
Asia-Pacific has been projected to be the largest market for industrial packaging solutions as of 2015, closely followed by Europe and North America. The industrial packaging sector remains susceptible to socio-economic changes. Demand remains strongly dependent on major end-user applications such as chemicals, food & beverages, pharmaceutical, and construction sectors.
Asia-Pacific is expected to retain its leading position over and beyond the reporting period, aided by strong growth in construction, pharmaceutical, and food & beverages sector, while Europe and North America are expected to record marginally similar market shares. Latin America and Middle East are likely to emerge as viable markets, however, the Asia-Pacific region is expected to record the highest growth rate over the reporting period.
Emergence of Sustainable and Recyclable Packaging Materials to Drive Growth of Industrial Packaging Market
Environmental concerns over safe disposal and recycling of packaging materials have led to the introduction of new policies and regulations, mandating companies to recover their packaging materials. Initially, consumer packaging materials were targeted, owing to the scale of packaging wastes generated. However, government and packaging organizations have started addressing the environmental effects involved in the use of industrial packaging. A steady rise in the demand for food & beverages and pharmaceuticals has contributed to a drastic increase in the use of industrial packaging materials. However, the environmental impact of disposed waste materials has become a grave concern. A recent study on using reconditioned industrial packaging materials has revealed that savings to the tune of millions of pounds of greenhouse gases can be accrued. These savings can be realized both for single and multi-trip solutions. For example, the use of recycled materials packaging can reduce greenhouse emissions by anywhere between 26-50%, depending on the material used.
Key Developments in the Market
- November 2017 - Constantia Flexibles introduced an interactive packaging solution for the food and pharmaceutical industries.
- August 2017 - Sealed Air Corporation introduced OptiDure™ packaging technology, which combines two critical features- high abuse resistance and abrasion protection. This will impact the fresh red meat as well as smoked and processed meats segments.
- April 2017 - Orora Visual launched specialized horticultural packaging division to reduce shipping time and significantly improve speed to market.
Reasons to Purchase the Report
- Current and future industrial packaging market scenario in the developed and emerging markets
- Analyzing various perspectives of the market with the help of Porter’s five forces analysis
- The segment that is expected to dominate the market
- Regions that are expected to witness fastest growth during the forecast period
- Latest developments, market shares, and strategies employed by the major market players
- 3 month analyst support, along with the Market Estimate sheet (in Excel)
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1.1 Key Deliverables of the Study
1.2 Study Assumptions
1.3 Market Definition
1.4 Key Findings of the Study
2. Research Approach and Methodology
3. Executive Summary
4. Market Dynamics
4.1 Market Overview
4.2 Factors Driving the Market
4.2.1 Longer Shelf Life and Changing Lifestyle of People
4.2.2 Growing Demand for Fresh and Quality Foods
4.2.3 Demand for Longer and Sustainable Packaging Products
4.3 Factors Restraining the Market
4.3.1 Concerns over effects of Packaging Materials on Human Body
4.3.2 Stringent Environmental Legislations
4.3.3 High Development Costs
4.4 Industry Attractiveness - Porter's Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products or Services
4.4.5 Competitive Rivalry among Existing Competitors
4.5 Industry Value Chain Analysis
5. Technology Snapshot
5.1 Active Packaging
5.2 Intelligent Packaging
5.3 Modified Atmosphere Packaging (MAP) & eMAP
5.3.1 Major Materials Used (Polyamide, Poly Ethylene, Ethylene Vinyl Alcohol, etc.)
5.3.2 Emergence of Smart Packaging Platforms
5.4 Recent Technological Developments
6. Global Smart Packaging Market Segmentation
6.1 Active Packaging by Technology
6.1.1 Oxygen Scavengers
6.1.2 Microwave Susceptors
6.1.3 Odor Absorbers/Emitters
6.1.4 Moisture/ Humidity Absorbers
6.1.5 Anti-microbial Packaging
6.1.6 Others (Pure Absorbers, Carbon Emitters)
6.2 Intelligent Packaging by Technology
6.2.1 Shelf-life Sensing
6.2.2 Temperature Indicators
6.2.4 Others (Freshness Indicators, etc.)
6.3 Modified Atmosphere Packaging Segmented by Machinery/Technology
6.3.1 Bag-Sealing Machine
6.3.2 Horizontal & Vertical Flow Packaging
6.3.3 Deep-drawing Machine
6.3.4 Tray Sealing Machine
6.3.5 Vacuum Chamber Machine
6.4 By Geography
6.4.1 North America
188.8.131.52 United States
184.108.40.206 United Kingdom
6.4.4 Latin America
6.4.5 Middle East & Africa
220.127.116.11 Saudi Arabia
18.104.22.168 South Africa
7. Competitive Intelligence - Company Profiles
7.1 Sealed Air Corporation
7.2 Bemis Company Inc.
7.3 Winpak Limited
7.4 Point Five Packaging LLC
7.5 Dansensor AS
7.6 Praxair Inc.
7.7 Berry Global Inc.
7.8 Ball Corporation
7.9 Desiccare Inc.
7.10 Linpac Packaging Limited
7.11 Coveris Holdings SA
7.12 BASF SE
7.13 Huhtamaki Group
7.14 Amcor Limited
8. Investment Analysis
9. Future of the Smart Packaging Market
- Sealed Air Corporation
- Bemis Company Inc.
- Winpak Limited
- Point Five Packaging LLC
- Dansensor A/S
- Praxair Inc.
- Berry Global Inc
- Ball Corporation
- Desiccare Inc.
- Linpac Packaging Limitied
- Coveris Holdings S.A.
- BASF SE
- Huhtamaki Group
- Amcor Limited