Packaging Industry Forecast
The global packaging industry is showing healthy growth forecast with year on year growth between 5-7% according to OBRC analysis. Furthermore, the global packaging industry would exceed revenues of more than $ 1 trillion by FY 2021. Asia Pacific, Middle East & Africa and Latin America are key markets driving packaging industry growth through 2022. Trends like sustainable materials, clear transparent labels, energy conservation & efficiency, anti-counterfeiting packaging, replacement of petroleum-based packaging materials, research & testing of nanomaterials in packaging and premiumisation are likely to impact global packaging market for the forecast period.
OBRC reports niche packaging market are circumvented around material types, manufacturing equipment’s, and integrated systems adopted widely by the packaging industry. Segmentation within each niche packaging market reports are charted after consulting with leading industry manufacturers, sales expert and trade association members. The market estimation for niche packaging market is carried out via primary and secondary research. In primary research data is gathered by consulting & interviewing industry experts, business development executives and regional industry association members. Secondary data is gathered through private & public statistical databases, online publications, and company annual reports. The niche packaging market values thus envisaged are cross-checked further via industry experts.
Each of our niche packaging market report offers an in-depth analysis of the market through strategic study and competitor portfolio studies. The strategic analysis is carried out through in-house data models like 360 analysis, see-saw analysis, investment versus adoption model and many more. The strategic analytical model used can be as per client’s inquest. Our niche market reports offer corporate profiles of top ten competitors in business. Corporate portfolio study covers current & future possible investment, investment in research & development, patent analysis, product portfolio, and corporate strategies.
Geographically each of our niche packaging markets offers region and country level analysis. Region wise every niche packaging market report is classified as North America, Europe, Asia Pacific, Latin America and Middle East & Africa. The regional analysis includes industry applications, top countries, and investments aiding niche packaging market growth. The country-level analysis includes top manufacturers, investment trends, product demand, and government or regulatory guidelines driving niche packaging market growth. Trends show, North America and Europe dominating the global packaging market in terms of revenue due to the thriving fast food packaging industry and a favourable regulatory environment. However, the packaging industry in North America and Europe has reached the maturity stage further subsidizing the growth of the market. The Asia Pacific is the fastest growing packaging market both in terms of revenue and volume. The market growth is ascribed to high industrial output and a large consumer base.
Some of the reports currently being researched by an analyst at OBRC include global packaging resin market, global protective packaging market, global hermetic packaging market, global packaging testing market, global beverage carton packaging market and many more. References used in analysing niche markets within the packaging industry include International Association of Packaging Research Institutes (IAPRI), World Packaging Association (WPA), United States International Trade Administration (ITA) and others.
Packaging material & Equipment, food packaging, pharmaceutical packaging, the industrial & electronic packaging is some of the subdomains in focus within the packaging industry domain at OBRC.
Niche markets covered in each of the sub-domains include-
Packaging Material & Equipment-
Niche market reports within this segment are focused upon material types and manufacturing & processing equipment used in making packaging materials. Some of the recent niche market reports published within packaging material & equipment sub-domain include global aseptic packaging market, global aseptic processing market, global flexible packaging market, global embedded die packaging market, and many more. Our analysts are consistently updating research niche packaging material & equipment reports every quarter or as per client’s inquest. New niche packaging material & equipment market currently being researched include global polyethene terephthalate market, global polystyrene market, global wood packaging materials market, global fibre based packaging material market and many more.
The main idea behind food packaging is to avoid unnecessary contamination and increase the shelf life of products. Food packaging materials are widely used in convenience foods, sauces, confectionery, bakery products, organic items (fruits & vegetables) etc. Niche market research within the food packaging industry is mainly focused on the materials and their vivid types that are in high demand in the market. The analyst at OBRC is constantly looking out for new materials influencing packaging industry. Some of the recent niche markets researched & published within food packaging industry include global fresh food packaging market, global food container market and many more. Some other niche food packaging markets being researched include global foodservice disposables market, global pet food packaging market, global fast food packaging market, global canned food packaging market and many more.
Demand for pharmaceutical packaging is in tandem with the expanding the pharmaceutical industry. Factors like the rise of biologics, varying regulatory requirements, streamlining of the packaging industry, serialization of packaged products are trends bolstering pharmaceutical packaging industry growth. Pharmaceutical packaging segment focuses exclusively on various raw materials and equipment’s that are being used in packaging drugs. Some of the niche pharmaceutical packaging market reports published include global blister packaging market, global cold form blister packaging market, global smart pill boxes and bottles market, global pharmaceutical packaging equipment market and many more. Another niche pharmaceutical packaging market reports currently being researched include global pharmaceutical unit dose packaging market, global tablet packing machine market, global adherence packaging market and many more.
Industrial & Electronic Packaging-
OBRC reports on industrial & electronic packaging are focused upon two markets, industrial packaging comprising of packaging materials that readily used in construction, lubricants, chemicals etc. And electronic packaging focused exclusively on the packaging of a consumer appliance and other electronic systems. Electronic packaging transforms appliance with open integrated circuits into a functional product. Industrial packaging is used as a means of preventing the release of hazardous materials or a protective barrier for sensitive products. Some of the niche industrial & electronic packaging reports researched & published include global tube packaging market, global 3d semiconductor packaging market, global smart labels market, global anti-counterfeit packaging market and many more. Niche industrial & electronic packaging markets currently being researched include, global wafer level packaging market, global rigid intermediate bulk containers market, global flexible intermediate bulk containers market, global metal packaging market and many more.