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flexible packaging market size | 2022 To 2030 | Strong Revenue And Competitive Outlook By Top Companies
August 18, 2022 7:10 - no comments yetMarket Analysis
The global flexible packaging market size will develop at a 4.9% CAGR between the forecast period 2022- 2030, according to the new Market Research Future (MRFR) analysis. Flexible packagings are containers or packages made of flexible materials or materials which, when closed or filled, can bend and still hold the shape. It is generally made of foil, plastic film, paper, or a combination of any of these.
Various factors are propelling the global flexible packaging market share. According to the recent MRFR market estimates, such factors include increased demand in the pharmaceutical, cosmetics and personal care, and food & beverage sectors, development in modern retailing, consumers high income, rise in e-commerce activities in emerging economies, technological advancements, innovations in flexible packaging, and increased consumption of processed foods and beverages during the COVID-19 pandemic.
On the contrary, strict regulations on packaging material waste & recycling, environmental and recycling concerns, and fluctuating raw material costs are factors that may impede the global flexible packaging market size over the forecast period.
Key Players
Key contenders profiled in the flexible packaging industry report include CLONDALKIN GROUP (The Netherlands), Reynolds (New Zealand), Berry Global Inc. (US), CONSTANTIA (Austria), Mondi (Austria), HUHTAMAKI GROUP (Finland), COVERIS (US), Sonoco Products Company (US), Sealed Air (US), and Amcor Limited (Australia), among others.
Market Segmentation
The MRFR report highlights an inclusive segmental analysis of the global Flexible Packaging Market size based on application, printing technology, product type, and material.
By material, the global flexible packaging market is segmented into foil, aluminum, paper, plastic, and others. Of these, the plastic packaging segment will lead the market over the forecast period. Wide applications in the packaging in different end-use industries are adding to the growth of the segment.
By product type, the flexible packaging market is segmented into wraps, bags, pouches, and others. Of these, the pouch segment will dominate the market over the forecast period. The pouch segment comprises pillow pouches, retort pouches, and stand-up pouches.
By printing technology, the global flexible packaging market is segmented into digital printing, flexography, and others. Of these, the flexography segment will spearhead the market over the forecast period.
By application, the global flexible packaging market is segmented into personal care, pharmaceutical, food and beverage, and others. Of these, the food and beverage segment will have the lion's share in the market over the forecast period.
Regional Analysis
By region, the flexible packaging market covers the growth opportunity and recent trends across Europe, North America, the Asia Pacific (APAC), and the Rest of the World (RoW). Of these, the APAC region will spearhead the market over the forecast period. Japan, India, and China being the leading exporters of goods, booming e-commerce market, rising internet penetration, and favorable government strategy are adding to the global flexible packaging market growth in the region.
In the APAC region, the flexible packaging industries will have a healthy growth over the forecast period. Developing food and beverage sector in India and China, rising demand for packaged food, consumers rising disposable income, improving global economy, the expanding working population, growing domestic demand for convenience and ready-to-eat food products, growing personal care and cosmetics and pharmaceutical industries, and functional properties offered by flexible plastic packing like handling convenience, eco-friendliness, lightweight, strength, durability, cost-effectiveness, and safety are adding to the global flexible packaging industry growth in the region.
In Europe, the flexible packaging market is predicted to have sound growth over the forecast period. Increasing research and development expenditure on the pharmaceutical industry and demand for personal care products in the UK, France, Italy, and Germany are adding to the global flexible packaging market growth in the region.
In the Rest of the World, the flexible packaging market is predicted to have steady growth over the forecast period. The developing pharmaceutical industry, rising health expenditure, and government support are adding to the global flexible packaging market growth in the region.
Industry/ Innovation /Related News:
January 28, 2021 ---- Südpack (Germany), a leading packaging company, announced the acquisition of Netherlands-based manufacturer LPF Flexible Packaging from the Clondalkin Group. LPF is a flexible packaging manufacturer for more than 40 different applications, supplying brands and companies primarily in the confectionery, food & drink, animal feed, and agricultural sectors.
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Metal cladding Market 2021-2030 With Top Countries Data , Key Factors, Demand
August 18, 2022 7:04 - no comments yetMarket Synopsis
As per Market Research Future (MRFR), the global metal cladding market value exceed USD 3 Bn by the end of the assessment period. The metal cladding market can witness expansion at 4.4% CAGR in the forecast period. The metal cladding market is observed to be highly competitive due to the existence of a high numbers of key market players. The increase in focusing of producers in merger and acquisition to sync with global demand can promote the expansion of the metal cladding market. The expansion of the metal cladding market can be attributed to increase in customer spending power in economies, such as India, US, Brazil, and GCC countries.
Furthermore, application of metal as cladding offers harmonious, durable, and modern appearance of building, such benefits. The high demand for metal cladding driven by rise in building construction activities and increase in awareness about metal cladding benefits among homeowners can promote the expansion of the metal cladding market. Growing urbanization, increased new residents, high commercial construction projects and globalization are fuelling the need for cladding metal panels in the world. Furthermore, the increase in consumer interest for prefinished metal cladding process in constructing and commercial spaces to enhance building’s aesthetic appeal can favor the metal cladding market. On the downside, fluctuation in prices of raw material can hamper the metal cladding market growth.
Key Players
- Saint Gobain S.A
- Dow Du Pont
- Tata steel limited
- Arconic
- Westlake chemicals
- Etex group
- James Hardie industries
Market Segmentation
Type and application are parameters on which the global metal cladding industry segments are based. The global market segments based on material are galvanized steel cladding, aluminum cladding, copper cladding, zinc cladding, brass cladding, titanium cladding, and bronze cladding. The copper cladding segment can dominate the global metal cladding market. The widespread utility of copper as cladding metal due to its benefits, such as malleability and durability can impel the expansion of the market.
The application based segments of the Metal cladding Market are commercial, industrial, and residential. The commercial segment is expected to experience the highest CAGR in the forecast period. The commercial segments are shopping malls & centers, office spaces, healthcare, educational centers, and hospitality among others. Commercial Building Construction industry can generate revenue significantly in the years to come can maintain the trend across the forecast period.
Detailed Regional Analysis
North America, Middle East and Africa, Europe, Asia-Pacific, and South America are regional segments of the metal cladding global market. In Asia Pacific region, the metal cladding systems market is likely to maintain hegemony in the assessment period. The rise in construction activities across APAC due to need for work and residential space can boost the expansion of the metal cladding market in the APAC region. The increase in FDI investment in the construction field have generate lucrative growth scope for the metal cladding in the Asia Pacific region. In Europe, the growing need for metal cladding in the automobile sector and the booming aviation industry can support the expansion of the metal cladding market in the region. North America metal cladding market is likely to rise at a high pace in the years to come. The major metal cladding manufacturers and the high demand for cladding can promote the market in North America.
Aluminum Doors and Windows Market 2022– Overview, Major Players, COVID-19 Impact Business Status and Forecast 2030
August 18, 2022 6:59 - no comments yetSource: MRFR Analysis
In 2019, Asia Pacific contributed significantly to the aluminum doors and windows market in terms of share: MRFR
Based on region, the Aluminum Doors and Windows Market is segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. In 2019, Asia-Pacific dominated the aluminum doors and windows market. High consumer awareness, early acceptance, and government support for energy-efficient and green construction projects have supported the market growth in the region. The global aluminum doors and windows market has been segmented based on product, application, and region. Based on product, the global market is divided into exterior door, patio door, sliding window, bi-fold window, and other. The exterior door product segment is anticipated to hold a significant market share. Based on application, the global aluminum doors and windows market is bifurcated into residential and commercial. The residential application segment accounted for a significantly large share in the global market owing to the growing construction projects.
Global Aluminum Doors and Windows Market size is anticipated to register a CAGR of 3% between 2022 and 2030 and reach an approximate value of USD 78.78 Billion in 2030.
Market Highlights
Global Aluminum Doors and Windows Market size is anticipated to register a CAGR of 3% between 2022 and 2030 and reach an approximate value of USD 78.78 Billion in 2030. Aluminum doors and windows have gained popularity over the years as they are highly durable, require a minimal framework, are easy to clean, and ensure a high level of security. As per Livingwood Windows Ltd, a company based in the UK, aluminum windows and doors can last up to 30 years owing to high resistance from the outside elements, which decays the metal compared to other frames. Due to the easy cleaning and easier maintenance of the aluminum doors and windows, they have widespread applications in households, commercial buildings, and hotels.
Scope of the Report
This report provides an in-depth analysis of the global aluminum doors and windows manufacturers, tracking two market segments across five geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights the market size and shares for North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The report also presents a forecast, focusing on the market opportunities for the next six years for each region. The scope of the study segments the global aluminum doors and windows market by product, application, and region.
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Product
- Exterior Door
- Patio Door
- Sliding Window
- Bi-Fold Window
- Other
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Application
- Residential
- Commercial
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By Region
- North America
- Asia-Pacific
- Europe
- Middle East & Africa
- South America
Key Players
- Apogee Enterprises Inc. (US)
- Olsen Doors and Windows Limited (UK)
- Fletcher Building Limited (New Zealand)
- YKK AP Inc. (US)
- Bradnam's Windows & Doors (Australia)
- Fenesta Building Systems (India)
- PGT Innovations (US)
- Geeta Aluminium Co. Pvt. Ltd. (India)
- Ply Gem Holdings Inc. (US)
- Andersen Corporation (US)
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Aluminum Curtain Wall Market | Competitive Landscape and Forecast to 2030
August 18, 2022 6:51 - no comments yetRegional Analysis
By region, the global curtain walls market covers the recent trends and growth opportunity across Europe, the Asia Pacific (APAC), North America, South America, and the Middle East and Africa (MEA). Of these, the APAC region will have the lions share in the market over the forecast period. Increase in global FDI inflow, the availability of low-cost land and labor, growth of the construction industry, and rise in construction activities, India and China attracting investments by undertaking different development projects, are adding to the global curtain walls market growth in the region. Besides, high expenditure on construction and infrastructure projects, growing population, rise in residential activities, and the presence of some top industry players in the region are also adding market growth.
Market Analysis
The global curtain walls market in 2021 was valued at USD 60.6 billion and is likely to grow at a 9.% CAGR between 2022- 2030, reveals the latest Market Research Future (MRFR) report. Curtain walls help in protecting the building against harsh outdoor elements. These walls protect the building from natural elements, with these being a building’s outermost structures. Curtain walls are lightweight and thin and made from glass and aluminium. These walls are cost-effective options for the outermost casing of a building due to the usage of lightweight materials. Semi-unitized, stick-built, and unitized are its different systems that have wide applications in various commercial and residential sectors.
Various factors are fuelling the global curtain walls market growth. As per the recent MRFR market estimates, such factors include the growth in commercial and residential construction sectors, constant increase in urbanization, supportive government regulations, strict environmental regulations, growing need for energy-efficient façade systems, increasing green building initiatives in the construction industry, growing construction of high-rise buildings, and the growing awareness of the different benefits of curtain walls such as aesthetically pleasing, slows the spread of fire, and thermal efficiency. The additional factors adding market growth include the focus on energy preservation, growing awareness about climatic changes, new vendors incorporating new technologies to offer these walls with solar panels, growing demand for eco-friendly infrastructure, rising awareness about environmental concerns, rapid urbanization and rising disposable income.
On the contrary, the impact of the COVID-19 pandemic, high maintenance, and high installation costs may impede the global curtain walls market growth over the forecast period.
Market Segmentation
The MRFR report throws light on an inclusive segmental analysis of the global Aluminum curtain walls market based on end use, system, and construction type.
By construction type, the global curtain walls market is segmented into refurbishment and construction. Of these, the new construction segment will lead the market over the forecast period for its preferred modern architecture.
By system, the global curtain walls market is segmented into semi-unitized, stick-built, and unitized. Of these, the unitized segment will dominate the market over the forecast period for minimal installation time, efficient water and air filtration, and improved quality control.
By end use, the global curtain walls market is segmented into commercial and residential. The commercial segment is again bifurcated into office spaces, educational centers, shopping malls and centers, healthcare, hospitality, and others. Of these, the commercial segment will spearhead the market over the forecast period for its wide application in office spaces, educational centres, shopping malls, healthcare, and hospitality.
Key Players
The prominent players profiled in the global curtain walls market report include Reynaers (Belgium), Ponzio (Italy), Kawneer (US), Kalwall (US), HUECK System GmbH & Co. (Germany), GUTMANN AG (UAE), HansenGroup (Denmark), EFCO CORPORATION (US), heroal (Germany), Aluplex (India), Alumil (Greece), AVIC SANXIN CO., LTD (China), and GUARDIAN GLASS LLC (US), among others.
The global curtain walls market is highly fragmented and competitive in nature with the presence of several well-established domestic and international players. These industry players have used several strategies to stay ahead such as mergers and acquisitions, partnerships, collaborations, geographic expansions, and others. Further, they are also investing in research and development activities to cater to the burgeoning needs of the customers.
Water and Wastewater Pipe Market share Insight on the Analysis by Essential Factors and Trends In Industry by 2030
August 18, 2022 6:43 - no comments yetAccording to Market Research Future (MRFR), the global water and wastewater pipe market is estimated to expand at a 6.5% CAGR from 2022 to 2030 (forecast period). This report provides a complete and accurate description of the impact of COVID-19 on the global water and wastewater pipe market.
Water and wastewater pipe market is an integral part of the industrial and commercial sectors. As infrastructure development activities increase, there is also a growing demand for water and wastewater pipes. Increased maintenance also allows for effective water management systems. With the rise in global populations and urbanization, the water demand has also risen, resulting in the rapid growth of this market. Industrial toxic waste pollutes drinking water sources, increasing the need for proper water channeling.
Market Dynamics
Increasing residential and commercial construction activities across the globe is a crucial factor expected to drive the growth of the global market. Water and wastewater pipes play a significant part in the adequate drainage or sewage system and water distribution. Therefore, improved demand for better distribution of water and sewage systems is projected to fuel the sales growth of the global market. These pipes are available in numerous materials, including plastics, steel, clay, concrete, etc., among which plastic pipes are highly adopted due to their durability, cost-effectiveness, and lightweight.
Nevertheless, variations in the cost of raw materials are among the main factors expected to impede the growth of the global market over the forecast period.
Market Segmentation
The global market for water and wastewater pipe is segmented into material type and application.
By material type, the global market for water and wastewater pipe market is segmented into concrete pipe, plastic pipe, metal pipe, and clay pipe. Due to its lightweight, flexibility, versatility, and durability, the plastic pipe segment is expected to dominate the global market. The pipes included in this category are made of thermoplastic and thermoset plastics.
By application, the global water and wastewater pipe market is segmented into municipal, industrial, and agricultural. Due to the rise in public water and wastewater infrastructure spending, the municipal segment has the highest market share, with demand for water and wastewater pipes projected to increase significantly. Governments and local governments across regions are concentrating on improving their investments to upgrade existing pipelines that are deteriorating.
Regional Analysis
Region-specific analysis of the global water and wastewater pipe market share spans across North America, Europe, South America, Asia Pacific (APAC), and the Middle East & Africa.
The Asia Pacific is predicted to lead the market for water and wastewater pipe during the forecast period. The expansion of the infrastructure and construction industries and the improvement of financial conditions in the Asia Pacific have contributed to the growth of the construction industry and, as a result, the market for water and wastewater pipe. Furthermore, rapid industrialization and urbanization in emerging economies, such as China, India, and Japan, is also boosting the region's demand for water and wastewater pipes. In addition, activities such as refurbishing and renovating old buildings have increased investment in the infrastructure and construction industries, boosting the water and wastewater pipe industries in the Asia Pacific. As reported by the National Bureau of Statistics of China, the value-added output of the construction industry reached USD 816.6 billion in 2017, compared to USD 2.1 billion in 1978, with 16.6% average annual growth rate. The country has undergone rapid growth in industrialization and rising population levels, which have sparked demand for affordable housing. The rapid expansion of the construction industry is anticipated to propel the market for water and wastewater pipes during the forecast period.
North America had the second-largest market share in the water and wastewater pipe industry in 2018.
Key Players
The key participants in the global water and wastewater pipe industry are Aliaxis Group SA/NV (Belgium), Mexichem S.A.B. de C.V. (Mexico), Tenaris (US), Tyman plc. (US), Saint-Gobain Group (Germany), CEMEX S.A.B. de C.V. (Mexico), JM EAGLE, INC. (US), National Pipe & Plastics (US), Future Pipe Industries (UAE), CHINA LESSO (China), AMERICAN (US).
