ALBANY, New York, June 4, 2020
- Presence of a seamless packaging sector that focuses on safety and utility shall drive sales across the global end-of-line packaging market.
- The food and beverages industry is constantly looking for innovative packaging solutions that offer utility to the consumers. Sleeve wrappers are an important end-of-line packaging technique used in this industry
ALBANY, New York, June 4, 2020 /PRNewswire/ -- The end-of-line packaging market is set to grow at a respectable pace in the times to follow. The growth of this market can mainly be attributed to advancements in packaging technologies. Several industries have emphasized on the need for seamless packaging that is immune to external shocks, wear, and tear. The packaging sector has, time and again, been under the scanner for its handling of packaging materials and cartons. Industrial decision makers have constantly pushed packaging units to improve their standards, whilst developing advanced technologies. The use of end-of-line packaging across some of the most profitable industries has created a stir across the market. The revenue index of the end of line packaging market is expected to improve over the times to follow.
It is estimated that the global end-of-line packaging market would expand at a steady CAGR of 4.30% over the forecast period between 2019 and 2027. Availability of alternate packaging technologies is responsible for the relatively slow rate of market growth. The global end-of-line packaging market was valued at US$ 4,376.3 million in 2018. Several new vendors are expected to capitalise on the need for high-end packaging across investment-rich industries.
Download PDF Brochure – https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=9278
Need for Precision and Sleek Finish in Packaging
The sale of consumer goods, food items, and electronic items largely depends on effective marketing and positioning hacks. Use of end-of-line packaging technologies helps in imparting a sharp, sleek, and attractive finish to packages. Furthermore, the ease of developing case sealers with the help of end-of-line packaging shall also aid market maturity. Automatic and semi-automatic means of packaging have helped in expediting the process of packaging across key industries. Use of various types of pallet wrappers for windows, tyres, or doors has become a visible trend across the packaging sector in recent times.
Several industries conduct packaging-resilience tests before shipping materials through various modes. In order to be deemed fit for shipping, the packaged cases or cartons should be in good shape and condition. Use of end-of-line packaging ensures that the packaged good or item remains protected through the course of transit. Moreover, end-of-line packaging is also a viable method to expedite mass packaging of items in shorter durations of time. The sleeve wraps used in water bottles are a part of end-of-line packaging solutions. The growing inclination of the packaging industry towards automation technologies has created humongous demand for end-of-line packaging technologies. Furthermore, use of end-of-line packaging for bulky items such as refrigerators and sewing machines shall play a pivotal role in market expansion.
Understand the key trends pertaining to the Global End-of-Line Packaging Market (Technology - Automatic, Semi-automatic; Function - Palletizing, Carton Erecting Packing & Sealing, Stretch Wrapping, Labelling, Others; Received Order Type - Customized, Standard; End-use Industry - Food, Pharmaceutical, Electronics & Semiconductor, Automotive, Others) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 – 2027 at: https://www.transparencymarketresearch.com/end-of-line-packaging-market.html
Global End-of-Line Packaging Market: Growth Drivers
Analyze Global End-of-Line Packaging Market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study
Global End-of-Line Packaging Market: Key Companies
Request COVID19 Impact on End-of-Line Packaging Market at https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=9278
Global End-of-line Packaging Market: Segmentation
Received Order Type
Explore Transparency Market Research's award-winning coverage of the Global Packaging Industry:
Caps & Closures Market – The caps & closures market is expected to witness major growth as popular beverages continue to make the much-needed shift towards natural varieties. The market rose to a valuation of US$2.64 bn in 2016. Rising at 4.3% CAGR during 2018-2026, the market will likely reach a valuation of US$3.82 bn.
Cosmetic Jars Packaging Market – Competition in the global cosmetic jars packaging market, which is somewhat consolidated, is predicted to hot up going forward because of the increasing thrust on research and development by key players to come up with better products. Competition will also likely to rise owing to the entry of new players. Massive opportunities in the global cosmetic jars packaging market and low entry barriers is drawing many aspiring players.
Collapsible Metal Tubes Market– The global collapsible metal tubes market was valued at US$ 1,069.4 Mn in 2016 and is expected to be valued at US$ 1,550.8 Mn in 2025. The market is characterized by growing demand of collapsible metal tubes owing to their wide-spread usage in pharmaceutical and cosmetics industry. The global collapsible metal tubes market is expected to expand at a CAGR of 4.3% in terms of market value during the forecast period, 2017-2025.
Grease Cartridges Market – Growing preference for lubricating grease in automotive and mining industry helps in the growth of the grease cartridges market. Cartridges reduce human efforts while applying grease for machinery parts. Consumers are moving towards convenient products for lubricating. Manufacturers come up with various innovations lubricant packaging solutions out of which is plastic cartridges which are expected to witness a shift in demand from fiberboard cartridges.
Gain access to Market Ngage, an AI-powered, real-time business intelligence that goes beyond the archaic research solutions to solve the complex strategy challenges that organizations face today. With over 15,000+ global and country-wise reports across 50,000+ application areas, Market Ngage is your tool for research on-the-go. From tracking new investment avenues to keeping a track of your competitor's moves, Market Ngage provides you with all the essential information to up your strategic game. Power your business with Market Ngage's actionable insights and remove the guesswork in making colossal decisions.
About Transparency Market Research
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Mr Rohit Bhisey
Transparency Market Research
90 State Street,
Albany NY - 12207
USA - Canada Toll Free: 866-552-3453