As per the comprehensive analysis conducted by ESOMAR-certified consulting firm, FMI, the global Lab Mailers market is expected to grow at a healthy CAGR during the forecast period (2018-2028). The objective of the study is to analyze key market dynamics and uncover critical trends & opportunities that will elevate the sales Foamed End Caps Market in the coming 10 years.
The report conducts an in-depth analysis of factors causing the change in consumer behavior and purchasing patterns. It also provides refined sales projections to assist market players in identifying remunerative segments.
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Advent of Sustainable and Intelligent Packaging Solution Skyrocketing the Demand for Foamed End Caps
With rising environmental concerns and the implementation of stringent regulations regarding the use of plastic across the U.S., China, India, the U.K., Germany, and others, a substantial rise in the adoption of sustainable packaging solutions is experienced across various end-use industries.
In accordance to this, numerous packaging companies are shifting their focus of manufacturing sustainable packaging using 100% recycled plastics, biodegradable plastics, and plastic alternatives such as paper. Hence, introduction of novel sustainable packaging solutions is expected to create lucrative demand opportunities in the market.
Also, emergence of intelligent packaging with the integration of artificial intelligence (AI), internet of things (IoT), and data science have improved the demand for Foamed End Caps market. Hence, key players are incorporating novel technologies such as AI and IoT to increase their revenues, propelling the sales.
Key Foamed End Caps Market Takeaways and Projections
- The U.S. is expected to lead the North America Foamed End Caps market, projecting the fastest growth in the region between 2018 and 2028
- Germany and the U.K. are expected to, collectively, hold the largest share in the Europe market over the assessment period.
- China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
- India is expected to emerge as a highly remunerative market in South Asia, contributing the significant revenue share in the region through 2028.
Report Benefits & Key Questions Answered
- Foamed End Caps Historical Market Analysis: The detailed survey by FMI, examines key factors in the Foamed End Caps market that affected the growth in the market for the last assessment period 2016-2020 and also studies their consequent impact. It also provide refined the sales projection of the Foamed End Caps market for the forecast period 2018-2028.
- Foamed End Caps Demand Outlook Analysis: Future Market Insight’s (FMI’s) exhaustive study provides crucial insights into key drivers and upcoming opportunities driving the demand for Foamed End Caps for the assessment period. As per the study, the demand for Foamed End Caps will grow at a robust CAGR between 2018 and 2028.
- Foamed End Caps Market Trend Analysis: The latest study by FMI on the Foamed End Caps market offers compelling insights into key expansion strategies adopted by top-tier players with respect to current trends. It discloses details regarding upcoming trends in the packaging industry to assist market players in constructing an effective strategy to capitalize on them.
Competitive Landscape Analysis
The market survey conducted by FMI offers key trends and challenges in the packaging industry and its consequent impact of Foamed End Caps market. The survey provides a thorough market share analysis to offer an in-depth analysis of prevailing competition.
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Foamed End Caps Market: Key Players
Some of the global key players in the foamed end caps market are mentioned below:
- BASF SE
- Plastifoamed Company
- Technifoamed Inc.
- Protective Foamed Packaging LLC
- Advanced Foamed, Inc.
- ACH Foamed Technologies, Inc.
- Sonoco Products Company
- Pregis Corporation
Foamed End Caps Market: Key Developments
Some of the developments in the foamed end caps market are as follows:
- In September 2016, BASF SE announced the setting up of a new production line for Ultrason polyarylsulfone at its site in Yeosu in Korea, a new regional platform for design activities in Shanghai, JV with Kolon Plastics for the production of polyoxymethylene (POM).
- In 2016, Sonoco acquired Laminar Media, a specialty medical products company in the U.K., and the Pharmaport technology from AAR, an aftermarket solutions provider.
- In September 2016, Pregis acquired Easypack, a U.K.-based paper-protective packaging company
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain of the global Foamed end caps market. The report provides an in-depth analysis of parent market trends, macroeconomic indicators, and governing factors along with Foamed end caps market attractiveness as per segments. The report also maps the qualitative impact of various factors on Foamed end caps market segments and geographies.
Foamed End Caps Market: Segmentation
On the basis of material type, global foamed end caps can be segmented as:
- Polyurethane
- Polyethylene (PE)
- Polyethylene terephthalate (PET)
- Expanded Polystyrene (EPS)
- Polyvinyl chloride (PVC)
On the basis of end use, global foamed end caps can be segmented as:
- Pharmaceutical
- automotive
- cosmetics
- personal care and household
- Electrical and electronics
- Others
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A detailed overview of the parent market of foamed end caps market.
- Changing market dynamics in the foamed end caps industry
- In-depth segmentation of foamed end caps market
- Historical, current, and projected market size regarding volume and value
- Recent industry trends and developments in foamed end caps market
- Competitive landscape
- Strategies for key players and products offered in the foamed end caps market.
- Potential and niche segments, geographical regions exhibiting promising growth.
About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
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