The blow fill seal technology market is expected to grow at a compound annual growth rate of 5.23% over the period 2019 to 2024 to reach a market size of US$473.751 million by 2024 from US$348.873 million in 2018. Blow Fill Seal Technology refers to the manufacturing of a product in which a product is formed, filled, and sealed in a continuous process. The rising preference for convenient and hygienic packaging is expected to drive the market for blow fill seal technology. Further, the rising Read more...
The effervescent packaging market is projected to grow at a CAGR 6.64% during the forecast period. Effervescent packaging refers to packaging of effervescent tablets which break down on contact with water. The growing pharmaceutical industry is expected to be a key factor driving the market for effervescent packaging. Further, the rising health consciousness coupled with budding sports industry is leading to increased consumption of vitamin tablets and more which is anticipated to boost the ma Read more...
Smart bottle refers to the innovative bottles that interface with technological devices such as cell phone, computers, wearables, etc. through the internet to track water intake, hydration levels, temperature, to set drinking reminders, etc. Aside from smart bottles being used as water bottles, they can also be used for alcohol, pharmaceuticals, etc. The demand for smart bottles is projected to increase on account of the growing trend of integrating everyday objects with modern technology. The r Read more...
Global rotogravure printing machine market is expected to grow at a compound annual growth rate of 2.91% to reach a market size of US$2,032.573 million by 2024 from US$1,711.200 million in 2018. Growing packaging industry is expected to be a key factor driving the market. Further, consumer attractiveness towards branded products is anticipated to boost the market for rotogravure printing machine. Asia pacific region is projected to hold a significant market share owing to the growing print ind Read more...
Packaging Automation enables improvement in accuracy, efficiency and shorter packaging time. These solutions use machinery at various stages of the packaging of the product such as filling, capping, wrapping and labelling among others. The rising preference towards automation coupled with time saving and efficiency features of packaging machines is anticipated to drive the packaging automation market. The growing consumption of food & beverages along with increasing demand for safe and protecti Read more...
The global pallet racking systems market is expected to grow at a CAGR of 6.32% over the forecast period to reach US$13.157 billion by 2024 from US$9.110 billion in 2018. Pallet racking systems are product handling storage systems which can be used to store products on pallets. The key industries driving the demand for pallet racking systems are fo Read more...
The Non Thermal Pasteurization market is projected to grow at a CAGR of XX.XX% to reach US$XX.XX billion in 2024 from USXX.XX billion in 2018. The non-thermal pasteurization, also known as cold pasteurization is as an alternative food processing technology that entails highly sustainable and efficient processes to convert raw food items into products suitable for human intake. Non-thermal pasteurization does not expose the food to elevated temperatures, thereby retaining the essential nutriti Read more...
Sleeve Labels are used in packaging of different products. These labels are durable and ideal for products which are exposed to severe moisture and friction. The key industries driving the demand for sleeve labels are packaged food and beverages, pharmaceutical, cosmet Read more...
Hermetic products protect against various environmental conditions such as atmospheric pressure, moisture, soil or other natural hazards that would otherwise disrupt the electrical connections or damage delicate electronics within a hermetic product. The hermetic packaging market is expected to have a significant market growth due to the adoption of hermetic packaging to protect highly sensitive electronic components. Increasing demand from the electronics, automobile, aerospace and defense s Read more...
The food and beverages anti-counterfeit packaging market is projected to grow at a CAGR of XX.XX% to reach US$XX.XXX billion by 2023, from US$XX.XXX billion in 2017. The demand for food and beverages anti-counterfeit packaging will surge due to the rising health risks associated with the low-quality products leading to the economic loss to the manufacturers. This has increased the adoption of anti-counterfeit authentication technologies is emanating the growth of the global food and beverages an Read more...
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