The need for eco-friendly and sustainable packaging has led to the development of moulded fiber packaging material. Moulded fiber material is made from recycled material such as newsprint or paperboard. On the basis of moulds used during manufacturing process, thickness of packaging and application, moulded fiber/ pulp packaging can be classified into four types which are transfer moulded, thick wall, processed and thermoformed. Transfer moulded type is used to in electronic consumer products packaging and egg trays and cartons. Thick wall type is used in packaging of heavy and non-fragile items.

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Processed type are customised moulded fiber/ pulp with special additives or slurry ingredients. In May 2016, HUHTAMAKI GROUP, a Finland based company expanded its production facility in Ivanteevka, Russia. The expansion included new production unit, warehouse and improvement of infrastructure. With this expansion, the company claims to meet the increasing demand for packaging in growing egg market in the region. Carlsberg, a Denmark based brewing company has entered into partnership with ecoXpac A/S, a Denmark based packaging product manufacturer to develop eco-friendly, biodegradable moulded fiber/ pulp based bottles.

Moulded Fiber/ Pulp Packaging Market: Drivers and Restraints

Moulded fiber/ pulp packaging is cost saving alternative as compared to other packaging types, which is the major driver for the growth of global moulded fiber/ pulp packaging market. The other advantages of this packaging type is that it is more durable under humid and high temperature conditions. The vibration absorption capability of moulded fiber/ pulp packaging is also better as compared to other packaging types. The ease of handling moulded fiber/ pulp packed product and environment friendly material has led to its use as plastic alternative, which is anticipated to boost the growth of global moulded fiber/ pulp packaging market. Stringent regulations and the increasing emphasis for sustainable development by food and beverage and consumer product manufacturers is anticipated to drive the growth of global moulded fiber/ pulp packaging market.

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Moulded Fiber/ Pulp Packaging Market: Segmentation

On the basis of product type, the global moulded fiber/ pulp packaging market can be segmented as follows:-

Transfer Moulded
Thick Wall
Processed
Thermoformed/ Thin Wall

On the basis of packaging type, the global moulded fiber/ pulp packaging market can be segmented as follows:-

Trays
Edge Protectors/ End Caps
Clamshells
Roll Cradles

On the basis of end use sector, the global moulded fiber/ pulp packaging market can be segmented as follows:-

Beverage Industry
Retail and Consumer Products Industry

Moulded Fiber/ Pulp Packaging Market: Region Wise Outlook

The global moulded fiber/ pulp packaging market can be divided into five regions, namely North America, Latin America, Europe, Asia Pacific (APAC) and Middle East & Africa (MEA). APAC accounts for major share in moulded fiber/ pulp packaging market owing to the rise in demand for recyclable plastic alternatives for packaging. The growth of e-commerce retail sales also contributes to the growth of moulded fiber/ pulp packaging market in the region. APAC is followed by North America in terms of market share in global moulded fiber/ pulp packaging market. This is attributed to the well-established food processing industry in the region and increasing sales through modern trade stores and packed food items. Europe moulded fiber/ pulp packaging market is expected to register high CAGR over the forecast period due to increasing sustainable packaging industry in the region.

Moulded Fiber/ Pulp Packaging Market: Key Players

Some of the key players in the global moulded fiber/ pulp packaging market are as follows:

HUHTAMAKI GROUP
UFP Technologies, Inc.
Henry Molded Products Inc.
The Haddy Companies
Moulded Fibre Products Ltd.
KEIDING INC.
Brodrene Hartmann A/S
EnviroPAK
Berkley International
Heracles Packaging Co. S.A.

Name: Rohit Bhisey
Organization: Transparency Market Research

ReleaseID: 7987

A large pool of players with a robust presence points towards the high degree of competition in the global market for metabolomics. Thermo Fisher, Biocrates Life Sciences, Agilent Technologies, Shimadzu, Human Metabolome Technologies, Waters, Metabolon, LECO, Bruker, and Bio-Rad Laboratories are some of the key companies leading this market, finds a new research report by Transparency Market Research (TMR).

Hitherto, these companies have relied upon innovation and product advancements for the growth of their business. Over the coming years, a shift in their focus towards strategic alliances can be observed, states the market study.

According to TMR’s estimations, the global market metabolomics will expand at a healthy CAGR of 17.10% during the period from 2016 to 2024 and reach a value of US$2.49 bn by the end of the forecast period. Drug assessment, nutrigenomics, biomarker discovery, and clinical toxicology have emerged as the key application areas for metabolomics across the world, states the report.

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Demand for HPLC technique to remain Strong

The report considers separation and detection as the prime techniques utilized in metabolomics. Gas chromatography, high performance liquid chromatography (HPLC), capillary electrophoresis, and ultra-performance liquid chromatography (UPLC) have surfaces as the key separation techniques, among which, HPLC technique enjoys the most prominent demand across the world. Researchers project this trend to continue over the next few years.

In terms of geography, the market reports its presence across Latin America, the Middle East and Africa, North America, Europe, and Asia Pacific. Among these, North America and Europe has been leading the global market and are expected to remain doing so in the years to come, notes the research study.

Surge in Demand for Personalized Medicines Propels Market

“The substantial increase in the demand for personalized medicines, especially in North America and Europe, is the main factor behind the growth of the global metabolomics market. Apart from this, the surge in government initiatives and funding in research and the rising need for toxicology technologies and enhanced research and development activities across a number of pharmaceutical and biotechnology sectors are also propelling this market remarkably across the world.

On the other hand, the decreasing uptake rate of advanced technologies and data processing and analysis by conventional workers and the lack of skilled professionals may restrict this market from growing steadily over the forecast period. However, the effects of these restraints will be nullified with the upswing in the opportunities presented by biomarker discovery services and the untapped markets. The technological enhancements and the increasing partnerships between key players and various research institutes are also projected to boost the market in the near future, states the report.

The review is based on a report by Transparency Market Research, titled “Metabolomics Market (Technique – Separation Technique (Gas Chromatography, Capillary Electrophoresis, High Performance Liquid Chromatography, and Ultra Performance Liquid Chromatography) and Detection Techniques (Nuclear Magnetic Resonance Spectroscopy and Mass Spectrometry); Application – Drug Assessment, Biomarker Discovery, Nutrigenomics, and Clinical Toxicology) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024.”

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Name: Rohit Bhisey
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The global human microbiome market is in a nascent phase, which is attracting a large number of players to foray into this market. Transparency Market Research (TMR) estimates that this, resultantly, is likely to intensify the competition within this market over the coming years. Enterome Biosciences SA, Vedanta Biosciences, Seres Therapeutics, Synthetic Biologics Inc., uBiome Inc., Second Genome, Osel Inc., Rebiotix Inc., Metabiomics Corp., MicroBiome Therapeutics LLC., and AO Biome LLC are among the frontrunners in the arena.

The leading players are focusing towards product innovations and technological advancements to consolidate their position in the global human microbiome market in the near future. “Mergers and acquisition will be other go-to strategies preferred by market participants in order to expand their business,” says the author of the report.

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The global market for human microbiome is poised to expand at a noteworthy CAGR of 9.80% between 2020 and 2024, reaching a valuation of US$2.2 bn by 2020. By the end of forecast period, the market is expected to cross the mark of US3.2 bn.

North America to Stay at Forefront of Growth until 2024

Therapeutics and diagnostics are the two primary categories of the global human microbiome market. The market for human microbiome therapeutics is estimated to register a higher CAGR of 9.20% during the forecast period. Geographically, North America will continue to account for the lion’s share in the global market until 2024, thanks to the widening base of venture-capital funded startups. The growth of the region can also be attributed to the presence of a state-of-art medical and healthcare sectors and early adoption of technology.

Increasing Clinical Trials for Gut Health-based Diseases to Drive Human Microbiome Market

High unmet needs coupled with the growing investments by venture capital organizations and angel investors in research and development activities in the field of diagnosis and therapeutics of underrated diseases are providing a fillip to the market. With human microbiome being a novel and highly potent realm, drug manufacturers across the globe are increasing their focus on it, which is translating into the greater capital investments. “Human microbiome is used for early detection and diagnosis of diseases. Moreover, it has been accredited as a new target for drug development,” says a TMR analyst. The rising number of clinical trials for gut health-based diseases is also playing a pivotal role in the growth of the global market.

Dearth of Proper Infrastructure and Skilled Personnel for Research to Hamper Growth Prospects

The increasing collaborations between market players and research institutes are shaping the future of the global human microbiome market. However, several factors are acting as dark spots in the landscape. The dearth of personnel with expertise and lack of proper infrastructure for research, especially in developing countries, are impeding the upward climb of the market. Moreover, human microbiome is still in its initial stages and therefore, there are various uncertainties over its performance. Besides this, stringent government regulations for approval are acting as a bottleneck in the development of the market.

The study presented here is based on a report by Transparency Market Research (TMR), titled “Human Microbiome Market (Indication – Gastrointestinal and Metabolic Disorders, Women’s Health, and Cancer; Technology – 16s rRNA Sequencing and Metagenomic Sequencing; Therapeutic Area – Gastrointestinal Disorders, Metabolic Disorders, Women’s Health, and Skin Disorders) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018–2024.”

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Hydration packs are highly specialized backpacks designed with a built-in water bladder system. Hydration packs are used by hikers, bikers, soldiers and others to carry water with them easily without taking up space and allowing free movement. Hydration packs are easy to drink when moving until and unless it is used while road cycling or hiking, generally having a stop or slow down to drink if using a water bottle is preferable. Hydration packs allows to stay hydrated by with the ease of drinking water more and drinking consistently.

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Compared with water bottles hydration packs comes in two to three liter sizes, which allows to carry more water while travelling. Overall, cleaning is a difficulty if a lot of sports powders is added with water, which indeed requires often cleaning of hydration pack. Leakage and spillage are much more likely to occur while filling the hydration pack or by accidental failure compared with a water bottle.

Based on application, the global hydration packs market can be segmented as follows:

Sports
Running
Cycling
Trekking and Hiking
Military
Others

The smallest and lightest hydration packs are used in running, they many be under two liters and maximum up to six liters. They rest on the lower back or the waist area. Sitting high on the back cycling hydration packs are of six to ten liters, which provides maximum water and are indeed anticipated to increase the hydration pack market. Military require daypacks which are of an average ten to thirty liters, whereas hiking and trekking hydration packs are usually the heaviest and largest. Commonly thirty five to sixty five liters hydration backpacks are used. In such cases compression straps across the shoulders and body as well as hip belts are necessary. The hydration packs market is expected to trigger due to the requirement and acceptability of hydration packs by the soldiers and officials in the developing countries.

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Based on distribution channel, the global hydration pack market can be segmented as follows:

E-commerce
Retailers
Original Equipment Manufacturers
Others

Based on capacity of hydration pack, the global hydration pack market can be segmented as follows:

1 to 3 liters
3 to 6 liters
6 to 10 liters
10 liters and above

Based on geography, the global hydration pack market can be segmented into five major regions: North America, Europe, Asia Pacific, Latin America and Rest of the World. Out of these regions, North America hydration packs market holds maximum share of the global hydration packs market followed by Europe. The major factors which have leading position in propelled the growth of hydration packs market in these regions are rising number of sports personnel which leads to increase in the usage of hydration packs and indeed surges the growth of the hydration pack market. Asia Pacific is developing at a very steady rate and is one of the most promising markets for the growth of the hydration packs market. The factors which have accentuated the growth of hydration packs market in Asia Pacific are increasing incidences dehydration during the travelling and awareness in hikers, bikers and travelers. Furthermore, increasing disposable incomes of the population, easy market penetration, favorable government policies in Asian countries would most likely fuel the growth hydration pack market in the coming forecast period.

The hydration packs market is an extremely promising market due to increase in number of athletes at a global level. Some of the top players operating in hydration packs market are Osprey Packs, Inc., Jetflow, CAMELBAK PRODUCTS, LLC, Hydrapak, LLC., Wingnut, Deuter Sport GmbH, Cascade Designs, Inc., Vaude, Dakine, Brookhaven Companies., Columbia and others.

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Market for produce packaging is experiencing a strong growth as increase in fresh produce production along with the growing role of packaging in the traceability, marketing and protection of fresh vegetables and fruits. Also increasing presence of dry cut, ready to eat produce will offer extra suitability and tends to use more value added produce packaging. Increased nutritional awareness and rising interest in fresh fruits such as produce, as a key element of healthy lifestyle are some trends currently followed among the consumers which are anticipated to increase the demand for products with produce packaging.

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Light weight, comparatively low cost, decent protective performance, established recycling infrastructure and graphics capabilities makes the corrugated boxes segment as a leader by packaging type in produce packaging market. Maturity of many applications, increase in moderate price and competition from reusable plastic containers for produce packaging is expected to restraint the demand for boxes in the middle of the forecast tenure. But at the same time it is anticipated that demand for expensive box structures such as white top line board boxes, modeler boxes, moisture resistant boxes and recyclable boxes will increase significantly in produce packaging market. Among the packaging type segment plastic containers used for produce packaging are expected to experience fastest growth. Berry applications and widening use with other produce stuffs will help to propel the growth of this sub segment in produce packaging market. Competitive products used for produce packaging such as stand up pouches can act as a restraints to the box segment. Due to the fact that pouches are less expensive than rigid containers higher demand is anticipated for pouches.

Population growth, increased availability of ready to eat food and trends towards healthier eating habits are some of the drivers for fruits application segment and it will outpace the overall produce packaging average in near future. New product introduction in produce packaging for vegetables application segment in nontraditional categories are anticipated to assist the advancements in outputs for most of the vegetable types. The use of overwrap trays for fresh produce is also expected to grow with a significant CAGR during the forecasted period but the increasing use plastic bags and stand up pouches used for produce packaging may decrease the demand for trays and clamshells.

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Based on the packaging type the Produce Packaging market is segmented into:

Corrugated boxes
Bags and liners
Plastic containers
Trays

Based on the application the produce packaging market is segmented into:

Vegetables
Fruit
Salads

Based on the end user the produce packaging market is segmented into:

Growers/Shippers
Re – packers
Retail stores

In terms of geography, the produce packaging market has been divided in to five key regions including North America, Latin America, Europe, Asia-Pacific and Middle East & Africa. The produce packaging market is expected to register healthy CAGR during the forecast period. North America is anticipated to be the dominant market for produce packaging market followed by Europe and Asia-Pacific. The market in Asia Pacific region is expected to grow with a significant CAGR during the forecasted period. Countries like India and China in Asia Pacific regions are top producers of fruits such as pear, banana, mango, grapes, peach, apple, lemon etc. and are likely to provide abundant opportunities for the growth of the produce packaging.

Some of the key players in the produce packaging market are Amcor Limited, Coveris Holdings S.A, Smurfit Kappa Group, E. I. du Pont de Nemours and Company, Mondi Plc, Bemis Company, Inc., International Paper Company, D.S. Smith Plc, Silgan holdings Inc., RockTenn Company, and Sealed Air Corporation.

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Sleeve & shrink sleeve labels are made up of polymer materials that shrink to the product surface when heat is applied. Sleeve and shrink sleeve labelling enables the graphics to be printed around the whole product container. The stretch and shrink sleeves market is mainly buyer oriented. The global stretch and sleeves market is marked with intense competition due to the increasing presence of both, the large and small manufactures.

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The key growth drivers for the global stretch and shrink sleeves market are: increasing demand for polymer films, anti-counterfeiting facilities, availability of additional printing space, and 360 degree display. The global market for stretch and shrink sleeves has witnessed substantial growth in the recent years owing to rise in the urbanized population, increasing demand for packaged foods, renaissance of the labeling & packaging industry in developing economies, and increasing emphasis on the use of sustainable materials. Furthermore, the light weight of stretch and shrink sleeves, coupled with their low cost, is expected to foster their market growth in the coming years. In addition, the increasing applications of shrink and sleeves, globally, in various end-use industries such as paper & textile, food & dairy and electronics, for labeling, is expected to further drive the market growth.

However, volatile raw material prices are likely to have an adverse impact on the manufacturing of these labels. Concerns regarding the recycling and disposal of these films due to their non-biodegradable nature are expected to hamper the market growth. Moreover, the growing buyer attention towards alternate packaging materials, such as paper, which in turn is lighter and also biodegradable, may pose a significant threat to the growth of the market. The increasing trend of on-line shopping is expected to create new growth opportunities for the global stretch and shrink sleeves market in the coming years, owing to the rising preference for light weight packaging among consumers and logistic companies.

On the basis of polymer film, the global stretch and shrink sleeves market is segmented into:

Polyvinyl Chloride (PVC)
Polyethylene Terephthalate (PET)
Oriented Polystyrene (OPS)
Polyethylene (PE)
Others (includes PO, PLA, and COC)
Currently, the PVC polymer films segment dominates the global market for stretch and shrink sleeves industry in terms of value, and is expected to remain the most dominating segment in the market in the coming years.

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On the basis of application, the global stretch and shrink sleeves market is segmented into:

Food & Dairy
Beverages
Personal Care & Toiletries
Healthcare & Pharmaceuticals
Others (includes household care, paper & textile products, and electronics)
On the basis of products, the global stretch and shrink sleeves market is segmented into:

Wrap
Hoods
Stretch and Sleeves Labels
Due to the increasing use of wrap products for pallet unification in industrial packaging, currently, the wrap segment dominates the market in terms of value.

On the basis of type, the global stretch and shrink sleeves market is segmented into:

Shrink
Stretch
The stretch type films market is expected to witness moderate growth in the coming years in comparison to shrink sleeves films market, owing to the better visual qualities and enhanced printing capability of the shrink films, thereby making them more suitable for product advertising. Also, heat shrink sleeves are being increasingly used for bottle labels and packaging of beverages.

On the basis of printing technology, the global stretch and shrink sleeves market is segmented into:

Gravure
Flexography
Digital
On the basis of ink, the global stretch and shrink sleeves market is segmented into:

Water Based
Solvent Based
UV
Geographically, the global stretch and shrink sleeves market is segmented into seven main regions, namely Western Europe, Eastern Europe, North America, Latin America, Asia Pacific excluding Japan, the Middle East & Africa, and Japan. The historical growth of the Latin America and Asia Pacific economies has been a feature of the 21st century. This economic growth has, to a degree, been another major driver for the high levels of growth witnessed in the global stretch and shrink sleeves market. Besides, Asia Pacific is expected to witness the highest growth in the coming years. Currently, Asia Pacific dominates the global stretch and shrink sleeves market on account of rapid industrialization in economies of India and China. Also, countries such as the U.S., Japan, Germany, Brazil, China, and India are investing large amounts in the packaging and labeling industry to achieve sustained and rapid economic growth. North America and Western Europe are expected to witness moderate growth in the coming years as the manufacturers in these regions are shifting their plants and facilities to emerging economies such as China, Mexico, Brazil, and India.

Partnerships & acquisitions, mergers, and new product launches are the key strategies being undertaken by key manufacturers to ensure steady growth in the global stretch and sleeves market. Some of the key players covered in this study on the global stretch and shrink sleeves market are Gilberth, Hammer Packaging, AXON, Color Craft, Fuji Films, Classic Labels Inc., Allen Plastic Industries Co., Ltd., SleeveCO, Fort Dearborn Company, Edwards Label, and American Film and Machinery.

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The use of wearable medical devices for real-time monitoring of health conditions by clinicians is another seminal factor bolstering the uptake of these devices. However, the vulnerabilities associated with hacks of wearable devices is a key concern likely to hinder the adoption to an extent. Be that as it may, several governmental regulations, such as the EU regulations, ensuring the safety and performance of medical wearable is expected to bode well for the market in the coming years. In addition, major collaborations between technology companies and medical device manufacturers are expected to create exciting opportunities for market players.

The global wearable medical devices is primarily driven by the rapidly growing demand for these devices for health monitoring and in the diagnosis of various diseases. Constant product innovations is a key factor boosting the market. The burgeoning demand of portable and high-end devices to monitor fitness among athletes and tech-savvy people is expected to fuel the wearable medical devices market. The growing prevalence world over and the increasing incidence of chronic diseases among geriatric population are anticipated to catalyze the market in the coming years. The need for real-time monitoring of medical conditions of outpatients suffering from chronic medical conditions is another crucial factor spurring the demand for wearable medical devices. In addition, the advent of cost-effective wearable medical devices that provide basic functionalities such as monitoring glucose levels and blood pressure among ailing people is expected to boost the market through the forecast period.

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The top five players in the wearable medical devices market accounted for a combined market share of 47.0% in 2014, which leads to some degree of consolidation in an otherwise fragmented market. Some of the leading companies are Polar Electro, Fitbit, Inc., OMRON Corporation, and Medtronic, with OMRON Corporation holding a significant revenue share of almost 11.0% in the same year. The global electronics company increasingly focuses on home healthcare devices, usually portable medical devices such as pedometers and blood pressure monitors to strengthen its shares. Another major player Fitbit, Inc., pioneers in offering wearable technology devices for tracking fitness to gain a competitive edge over others.

The presence of large number of regional players makes the wearable medical devices market intensely competitive. Several smaller players in the market strive to develop innovative products to get a strong foothold in the market, while large players are boosting their distribution chains to consolidate their markets shares across regions. The global wearable medical devices market was valued at US$2.7 bn in 2014 and the opportunities in the market is expected to reach about US$10 bn by 2023. The market is projected to rise at a robust CAGR of 18.0% from 2015 to 2023.

Geographically, the global wearable medical devices market is segmented into North America, Europe, Asia Pacific, and Rest of the World. Of these, North America is the major regional market and is expected to reach a valuation of US$4.5 bn by the end of the forecast period. The substantial growth of this regional market is driven by the presence of large number of mid-sized and large companies, rapid emergence of new players, and early adopters.

Based on diagnostic device, the wearable medical devices is segmented into neuromonitoring devices, vital signs monitors, and fetal monitors and obstetrics devices. The neuromonitoring devices is further sub-segmented into electroencephalograph and electromyography. The major sub-segments of vital signs monitors are heart rate monitor, sleep monitor, activity monitor, and electrocardiograph. The electrocardiograph segment is projected to grow at a significant CAGR of 17.8% during the forecast period, primarily attributed to growing prevalence of cardiovascular diseases.

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Transparent barrier films have been an essential part of the packaging industry and since past 10 years have been gaining significant attention of manufacturers owing to their high application in the packaging of products such as foods and toiletries, electronic devices, and industrial materials. Transparent barrier films are coated with an inorganic layer coating on the surface through vapor deposition processing to suit multiple applications. Transparent barrier film prevents the permeations of gases, such as water vapor and oxygen, into the packaged content. It therefore helps keeping the content fresh and protects it from deterioration, such as rotting, drying, color and aroma loss, and vitamin breakdown caused due to the exposure to oxygen and water.

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With the various developments and extensive research related to packaging technology, transparent barrier films now also allow electromagnetic permeability, which allows the content to be cooked or heated in ovens and microwaves. High demand from various industries, such as pharmaceuticals, consumer goods, and specifically food and beverages industry, has provided a significant boost to the transparent barrier film market. The rise in demand for transparent barrier films can also be attributed to the growing focus of the consumers on convenience and sustainability. However, the market in certain regions is restricted owing to the increasing environmental regulations in these regions, and also because of the competition posed by cheap alternate technologies.

The transparent barrier film market is segmented on the basis of end user industry into food & beverages, pharmaceutical packaging, personal care product packaging, household care product packaging, and other non-packaging markets. The food packaging market segment is the largest end user segment in the transparent barrier film market and is anticipated to remain the most dominant segment in the market during the forecast period. Transparent barrier films are also being used for the encapsulation of electronic devices and flexible solar cells and, thus, have a significant growth potential in the coming years. The transparent barrier film market is segmented on the basis of polymer type into PET, polyamide, polypropylene, polyethylene, and others. On the basis of different coatings, the transparent barrier film market is segmented into silicon oxide, aluminum oxide, and ceramics.

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Besides, the transparent barrier film market is segmented on the basis of regions into North America, South America, Western Europe, Eastern Europe, APAC, and the Middle East and Africa. Western Europe is one of the largest contributors to the global transparent barrier films market in terms of demand and supply, followed by APAC and North America. During the forecast period, North America and Western Europe regional markets are expected it witness moderate growth, while the APAC, Latin America, and the MEA markets are anticipated to exhibit above global average growth owing to the growing consumer class and increasing consumption of packaged products in these regions. In APAC, China, India, and Japan are the major markets spearheading the demand for transparent barrier films in the region. Likewise, the sustainable expansion of the food processing and pharmaceuticals industry in the MEA, Eastern Europe, and Latin America is expected to boost demand for transparent barrier films in these regions.

In order to benefit from the increasing demand for transparent barrier films, there are numerous manufacturers engaged in the supply of transparent barrier films to the regional and local markets, providing films of different grades and thicknesses for different applications. Some of the prominent players identified in the transparent barrier films market are Toppan Printing Co. Ltd., Mitsubishi Plastic Inc., Amcor Limited, Toray Industries, Inc., and OIKE & Co., Ltd.

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Paperboard packaging is used to provide packaging solutions, largely to the consumer products. Demand for paper and paperboard packaging solutions is increasing in specific set of application areas, whereas paperboard packaging demand registered impasse growth. Paper and paperboard packaging solutions have extensive applications across several industrial verticals from healthcare to food and beverages industry and personal care to home care. Additionally, these packaging solutions are used in sectors such as freight & carrier, education and stationary, and construction. Furthermore, paper and paperboards are also used to make packaging labels, boxes, cartons and cardboard boxes.

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Companies engaged in paper and paperboard packaging solution are widening their offering from core product to consulting services to the end users for picking out the most effective packaging solution as per consumer requirements. The need for such strategy is largely due to stagnate growth in the traditional paper and paperboard manufacturing industry. In the food industry, the paper and paperboard packaging is used to pack fruits, vegetables, ice-cream, meat, etc. In the beverage industry, the paper and paperboard packaging technique is used to package milk, juices, etc., whereas, in the healthcare industry, the packaging technique is used in packing pharmaceutical products, medicines, etc.

Global Paper & Paperboard Packaging Market: Segmentation

The global paper & paperboard packaging market is segmented on the basis of grade, application, product type, and region. On the basis of grade, the global paper & paperboard packaging market is segmented into coated unbleached ‘kraft’ paperboard, White Line Chipboard (WLC), label paper, Folding Box Board (FBB), Solid Bleached Sulfate (SBS), and others (liquid packaging grade, parchment paper, vegetable paper, and filter paper). On the basis of application, the global paper & paperboard packaging market is segmented into food, beverages, healthcare, personal care, home care, and others (construction, education and stationary, etc.). On the basis of product type, the global paper & paperboard packaging market is segmented into corrugated box, boxboard, and flexible paper packaging. On the basis of region, the global paper & paperboard packaging market is segmented into North America, Latin America, Western Europe, Eastern Europe, Middle East and Africa, Asia Pacific excluding Japan, and Japan.

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Global Paper & Paperboard Packaging Market: Drivers and Restraints

Due to increasing consumer awareness about the ill-effects of non-biodegradable materials and rising environmental concerns, consumers are increasingly opting for environment friendly packaging solutions, thus, driving growth of the overall paper and paperboard packaging market. Moreover, increasing disposable income of people especially in the developing countries is another factor fuelling growth of the global paper and paperboard packaging market currently. Furthermore, increasing dependence on convenient foods among consumers is a key element fuelling growth of the market currently. Growing consumer awareness for sustainable packaging techniques and recyclability of paper and paperboard packaging are some of the other key factors boosting growth of the global paper and paperboard packaging market currently. Intense competition among the paper and paperboard packaging manufacturers is a key factor restraining growth of the market. Besides, prevailing fragmentation in the industry due to increasing concentration of small and medium scale manufacturers and converters is a key element acting as a restraint for growth of the global paper and paperboard packaging market currently.

Global Paper & Paperboard Packaging Market: Key Players

The major players involved in the manufacturing of paper and paperboard packaging products include Amcor Ltd., Cascades Inc., ITC Ltd., DS Smith Plc., Packaging Corporation of America, Clearwater Paper Corporation, Mondi Group, Metsa Group, RockTenn Company, Nippon Paper Industries Co. Ltd, Svenska Cellulosa Aktiebolaget, Smurfit Kappa Group plc, Stora Enso Oyj, International Paper Company, and Sappi Limited, among others.

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ReleaseID: 7981

The leading players are developing advanced M2M platforms that address remote patient monitoring and help in bridging the patient-physician gap. Numerous companies are entering into strategic alliances, in a move to consolidate their market presence and enhance their brand value. These M2M solutions are aimed at improving the affordability and quality of care, reducing administrative costs, and increasing the accuracy of diagnosis. Some of the leading players operating in the healthcare M2M (machine-to-machine) market are Telefonica S.A., AT&T Inc., Vodafone Group plc, and GE Healthcare. Developing innovative healthcare data management methods and offering user-friendly IoT solutions are seminal factors governing the competitive dynamics in the market. Several players are keen on offering M2M solutions on cloud models to gain a competitive edge over others.

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The valuation of the healthcare M2M market stood at US$1.56 bn in 2014 and is anticipated to grow at a CAGR of 22.5% from 2015 to 2023. Growing at this pace, the opportunities in the market is expected to surge to US$10.05 bn by the end of the forecast period.

Ease of Operations in Patient Care Bolster Adoption of M2M Solutions

Geographically, North America is expected to dominate the healthcare M2M market throughout the forecast period. The increased deployment of healthcare M2M solution in this regional market is attributed to the several benefits, attributed mainly to patent-centric focus of a number of healthcare facilities. The regional market is projected to reach US$3.08 bn by the end of the forecast period.

Based on application, the healthcare M2M market is segmented into patient well-being, medical facilities, sports and fitness, implants, and research and education; of these the patient well-being segment is expected to occupy a gargantuan share in the market. The application of M2M technologies in the area of patient well-being is driven by the substantial benefits enjoyed by healthcare institutions in terms of operational improvements and reduced administrative costs.

Healthcare M2M Solutions Become More Pervasive With Proliferation of IoT

A variety of factors are pushing the demand for M2M solutions in the healthcare sector. The demand for reducing the gap between patients and physicians, the need for safer patient care, and substantial improvements in efficiency and accuracy are the crucial factors boosting the uptake of M2M connectivity solutions in healthcare. The paucity of qualified care professionals has led to a marked gap between patients and physicians. The demand for better patient monitoring methods for a large part of populations suffering from chronic ailments is anticipated to boost the healthcare M2M market. The need for remote monitoring of populations through the connectivity of patient care devices with the implementation of IoT systems at hospitals and care centers has bolstered the uptake of M2M in healthcare.

The need for reducing operational cost for the management of large number of operations in hospitals has propelled the need for the healthcare M2M solutions across various regions. The advent of patient-centric solutions in various developing regions to improve treatment procedures has catalyzed the market.

The lack of a standardized connected device platform among vendors is a key factor likely to hinder the healthcare M2M market to some extent. Nevertheless, with the proliferation of IoT, the adoption of M2M solutions will become more pervasive, which is expected to open promising opportunities for the development of a common platform for the delivery of M2M solutions. Furthermore, the growing popularity of IoT and advancements in alternate connected technologies are expected to accentuate the healthcare M2M market. In addition, the adoption of wearable devices among health-conscious people is expected to open up abundant opportunities for market players.

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Name: Rohit Bhisey
Organization: Transparency Market Research

ReleaseID: 7983