Airless Packaging Market Worth $8.1 Billion By 2027

The global airless packaging market size is expected to reach USD 8.1 billion by 2027, according to a new report by Grand View Research, Inc., expanding a CAGR of 6.0% over the forecast period. Growing demand for premium cosmetics and increasing demand for airless packaging and industrial products are key factors augmenting the market growth. Premium cosmetic products contain active ingredients in their formulations and often get contaminated when exposed to oxygen; thus, to protect the integrity of the packed products, cosmetic manufacturers mainly opt for airless packaging solutions.

Furthermore, as premium cosmetic products are considerably expensive, consumers prefer using completely natural products. Thus, to enable easy, hassle-free, and complete product evacuation, cosmetic manufacturers opt for airless tubes, bottles, jars as they ensure nearly 95% product evacuation from airless containers. Most of the dermal drugs are offered in semisolid formulations, such as lotions, creams, ointments, gels, pastes, or foams, and plastic and metal tubes are often preferred for their packaging owing to their low cost and compact size.

However, non-airless packaging provides limited protection against air and light resulting in evaporation and degradation of the packed product. Therefore, dermal drug manufacturers are increasingly opting for airless packaging, which restricts the contamination of dermal formulation from environmental exposure. Declining demand for luxurious products due to changing income patterns is expected to negatively impact the market growth in 2020 since the packaging mostly utilized for premium cosmetics.

Furthermore, to curb the price of the product, personal care manufacturers are expected to opt for low-cost packaging in place of airless packaging over a shorter term, which, in turn, is likely to have a negative impact on the market. The plastic was the leading material type and accounted for over 63.26% of the total market revenue in 2019. Various types of plastic resins, including PE, PET, ABS, PMMA, and SAN, are widely utilized for manufacturing plastic-based airless bottles, jars, and tubes.

The demand for plastic is high as these materials are lightweight, easy to mold, and cost-effective compared to other materials. The market players are also increasing focus on sustainable production owing to the increasing demand for sustainable packaging solutions in recent years. This demand is also fueled by the increasing implementation of regulations regarding the processing & recycling of raw materials, particularly plastic.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/airless-packaging-market

Further key findings from the report suggest:

The plastic segment accounted for the largest market share of 63.26%, in terms of revenue, in 2019, owing to high demand as these materials are lightweight, easy to mold, and cost-effective
The bags & pouches product type is anticipated to register the fastest CAGR of 6.6% from 2020 to 2027. Increasing demand for flexible, portable, and pocket-friendly products is the key factor contributing to the segment growth
The pharmaceutical application segment is expected to witness substantial growth from 2020 to 2027. The growth can be attributed to growing awareness about skin diseases and rapid development and approval of dermal drugs by regulatory bodies, such as the FDA
Europe emerged as the leading regional market and accounted for over 34% of the total revenue share in 2019
The growth is attributed to the presence of key global cosmetics and dermatological drugs manufacturers, such as L’Oréal, Beiersdorf, Chanel, Unilever, and LVMH, in the region
The market is moderately fragmented with the presence of key players and a smaller number of medium-scale companies
The market players adopt various competitive strategies, such as regional expansion, mergers & acquisitions, and emphasis on research & development activities

Rigid Packaging Market Worth $848.71 Billion By 2025

The global rigid packaging market size is projected to reach USD 848.71 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 6.7% during the forecast period. Increasing demand for sustainable packaging is expected to augment the market over the forecast period.

Packaging is a process of protecting and enclosing goods for storage, distribution, and sale. Rigid packaging is a type of packing which is characterized by high stiffness, impact strength, and barrier properties. It is offered in several forms, including jars, containers, bottles, and cans.

Raw materials required for manufacturing of rigid packing include metals, paper & paperboard, glass, and plastic. Suppliers of these materials are present worldwide, making the market fragmented. Rio Tinto and Alcoa are some of the key suppliers of metals such as aluminum, while ArcelorMittal is the largest steel manufacturer in the world.

Final products are sold by distributors, retailers, and wholesalers. Major players in this stage include Packaging Supplies Ltd., Packing Suppliers of America, Paper Mart, and Packaging Centre. Some of the manufacturers have adopted integration wherein they sell the products through exclusive outlets.

Rigid packaging accounted for over 80.0% of the total packing industry in 2016. However, flexible packing offers more advantages as compared to rigid ones such as lightweight, energy savings, small pack size, ease of transportation & storage, and convenient disposal. Hence, the flexible packing market is expected to make inroads in the rigid packaging market in the coming years.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/rigid-packaging-market

Further Key Findings from the Report Suggest:

In terms of materials, plastics dominated the market in 2015 and it is anticipated to witness a CAGR of 6.4% in terms of volume over the forecast period
Paper & paperboard is expected to register a CAGR of 7.1% in terms of revenue during the same period. Recyclability of the material has made it the most commonly used product in the industry
The personal care application segment is anticipated to rise at a CAGR of 6.3% in terms of revenue over the coming year due to increasing demand for personal care products
Asia Pacific is estimated to post a CAGR of 7.6% in terms of revenue from 2016 to 2025 due to increasing demand from China and India
In August 2016, Berry Plastics Group, Inc. acquired AEO Industries Inc. in the U.S. This acquisition strengthened the company’s position in the North America market.

Dolomite Mining Market Size Worth $2.33 Billion By 2027

The global dolomite mining market size is projected to reach USD 2.33 billion by 2027, expanding at a CAGR of 3.8% from 2020 to 2027, according to a new report by Grand View Research, Inc. Rising government and private spending in development of transport infrastructure in emerging economies of Asia Pacific is the major factor driving the industry.

Dolomitic rock, also known as dolostone, is sized and crushed before its use as a base material construction of road. It is also used in cement manufacturing. Furthermore, it is used in the steel industry as a fluxing material or as a refractory raw material. Besides the aforementioned applications, the product is used in many other applications, including ceramics and glass, paper, and animal feed.

Technological advancements in mining, coupled with increasing logistical efficiency, have played a key role in facilitating increasing profit margins for miners. This is expected to positively impact the market growth over the coming years. The COVID-19 pandemic is predicted to negatively affect the industry growth in short term owing to restricted demand caused by halt in construction activities.

North America dominated the market in 2019. Asia Pacific is estimated to expand at the fastest CAGR from 2020 to 2027. U.S. leads the globe in terms of dolomite production. Furthermore, in U.S., dolomite is among the most preferred construction aggregate materials. In Asia Pacific, China and India are likely to be the most lucrative destinations for industry growth owing to improving transport infrastructure.

Furthermore, high processing time required for obtaining mining license is expected to be a key challenge for industry players over the foreseeable future. Environmental concerns associated with the mining activities and necessity to comply with government regulations incur additional costs to the industry players. These are the key factors that restrict the entry of new players in the industry.

The global dolomite mining industry is composed of few international players as well as a large number of local players catering the regional pockets. For instance, according to the United States Geological Survey, U.S. alone produces dolomite with more than 1,000 companies from approximately more than 3,740 operations with roughly 3,700 quarries and 370 sales and distribution sites.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/dolomite-mining-market

Further key findings from the study suggest:

By application, the construction segment dominated the market with a revenue share of 87.7% in 2019 owing to increasing usage of the product as a construction aggregate
The steel application segment is estimated to expand at a CAGR of 4.3%, in terms of revenue, from 2020 to 2027 owing to rising steel production in Asia Pacific
Asia Pacific is projected to be the fastest growing regional market with a CAGR of 4.9%, in terms of revenue, from 2020 to 2027 due to developing transport infrastructure in the region
North America dominated the market with a revenue share of 42.2% in 2019. U.S. accounted for the largest share in the region owing to its already established mining base and availability of reserves
Almost 99% of the dolomite mined in U.S. is consumed domestically mainly for construction application.

BIPV Market Size Worth $36.74 Billion By 2025

The global building-integrated photovoltaics market size is expected to reach USD 36.74 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 18.8% from 2019 to 2025. Favorable rules and regulations to enhance renewable installations will drive the demand. In addition, policy tools such as financial incentives for BIPV installations will propel the growth.

Increasing adoption of renewable energy sources which help maintain the aesthetic appeal of buildings is likely to boost the demand for building-integrated photovoltaics over the forecast period. In addition, rise in awareness regarding energy sustainability and self-sufficiency among the consumers in various countries is projected to propel the growth of integrated installations over the next seven years.

Demand for integrated rooftop PV installations is expected to increase over the forecast period as these are one of the simplest installations. In addition, favorable policies and regulations supporting net-metering for renewable power sources in countries such as India, France, U.S., U.K., and Spain will result to boost the demand for roof-top solar installations in residential as well as commercial establishments over the forecast period.

Thin-film technology is expected to expand at a CAGR of over 20% from 2018 to 2025 due to better aesthetic appeal showcased by thin film technology in comparison to the Crystalline-silicon (C-Si) technology.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/building-integrated-photovoltaics-bipv-market

Further key findings from the report suggest:

Roof-mount photovoltaics held the largest market share of over 60% in terms of revenue in 2018
Building-integrated photovoltaics glass is projected to emerge as the fastest growing application category for BIPV installations. The segment is estimated to reach a net global market worth exceeding USD 6.90 billion by 2025
Improved aesthetic appeal due to its transparent nature along with significant technological advancements in glass integrated installations is expected to drive the glass segment over the forecast period
Industrial segment led the global BIPV market due to efforts made by various manufacturers to limit their reliance on conventional sources and increase their adoption of greener sources of power generation
Asia Pacific is expected to witness the highest CAGR of 20.6% over the forecast period to reach a net worth exceeding USD 8.30 billion by 2025
Some of the major players operating in the global building-integrated photovoltaics market comprise AGC Solar, BIPV Ltd., Belectric Holding GmbH, and Heliatek GmbH. The companies are utilizing merger and acquisition strategy to enhance their global reach

Packaged Milkshakes Market Size Worth $365.0 Million By 2025

The global packaged milkshakes market size is expected to reach USD 365.0 million by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.3% over the forecast period. Growing health consciousness among young consumers, coupled with its essential nutritional content such as vitamin and protein, is expected to propel the market growth in the forecast period.

Based on packaging material, the paper segment dominated the market, accounting for 37.2% share of the overall revenue in 2018. Low packaging cost associated with it makes it favourable for the manufacturers. High demand for tetra packs has driven the market for paper as a packaging material. Apart from paper, the glass segment is expected to witness significant growth in the forecast period. The salient features including non-reactiveness of the product keep the milkshake safe for a longer life, thus fuelling the market demand for the segment.

Chocolate flavor accounted for the largest share of 39.2% in 2018. Health benefits associated with it makes it the most preferred flavor among the health conscious young consumer groups. Along with the health benefits, chocolate flavor milkshake is widely accepted by the younger age groups, which is expected to drive the segment in the forecast period.

Asia Pacific led the industry for packaged milkshake and accounted for 32.0% share of the global revenue. China is found to be the fastest growing market in APAC with a CAGR of 6.4% in the forecast period. Presence of leading market players, along with interactive advertisements, has led to the market growth in the region. Apart from APAC, MEA is found to be the fastest growing region due to hot and humid climatic conditions and growing corporate sector in countries such as Dubai.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/packaged-milkshakes-market

Further key findings from the report suggests:

In terms of revenue, chocolate flavor led the packaged milkshakes market and accounted for the largest share of 39.2% in 2018
Paper is among the most preferred packaging materials and it accounted for 37.2% share of the global revenue in 2018
MEA is the fastest growing region for packaged milkshake and is expected to expand at a CAGR of 7.2% due to rapid urbanization and growing commercial sector.