Folding Cartons – Sustainable Option in Packaging

Folding cartons are boxes made from corrugated fiberboard and an ideal fit for packaging solutions. These boxes are a favorite of major conglomerates due to their low manufacturing cost. They are also recyclable and comply with regulations set by various agencies globally. Due to being of printable nature, corporations use it to create innovative designs with targeted messages to attract consumers.

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Compact Designs For Everyday Users

Major end users of folding cartons include healthcare, food, personal and household care, and others.

The healthcare segment can contribute to market demand due to changing designs of packages. Demand for policy-compliant and smart packaging for medicines and vaccines can drive segment revenue in the forthcoming years. The Smart X tablet wallet is a foldable board which can store medicines in blister and has ample space for promoting the consumer brand.

The food segment is projected to show signs of growth due to various shapes and sizes of folding cartons required in the U.S. and Europe. Demand for frozen or dry foods in developed economies coupled with expendable incomes of consumers can spur segment demand in the forthcoming years. In 2017, PaperWorks Industries, Inc., a U.S. company, launched coated recycled board-derived folding cartons which can be used to store frozen and refrigerated foods and beverages.

Market Outlook

The global folding carton market is anticipated to exhibit a 4.84% CAGR from 2017 to 2021 (forecast period) due to increasing demand in the healthcare sector. Rising demand for dry and frozen foods in developing economies can propel market growth during the forecast period. Rise in production of premium cartons can be a new trendsetter in the market in the forthcoming years. Consumer awareness regarding eco-friendly packaging solutions can provide new growth opportunities. Prominent market players include Graphic Packaging International, Inc.; The Smurfit Kappa Group plc; WestRock Company; and Sonoco Products Company.

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Cargo Shipping Market Overview, Research and Landscape to 2025

This report studies the global Cargo Shipping market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global Cargo Shipping market by companies, region, type and end-use industry.

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This report focuses on the global top players, covered

• A.P. Moller-Maersk Group
• CMA-CGM SA
• Mediterranean Shipping Company SA
• DHL Global Forwarding
• China Cosco Holdings Company Limited
• Nippon Express Co. Ltd
• Hapag-Lloyd AG
• Hyundai Merchant Marine
• Ceva Logistics
• EVERGREEN MARINE CORP

Market segment by Regions/Countries, this report covers

• United States
• Europe
• China
• Japan
• Southeast Asia
• India

Market segment by Type, the product can be split into

• Container Cargo
• General Cargo
• Bulk Cargo

Market segment by Application, Cargo Shipping can be split into

• Oil
• Ores
• Food
• Manufacturing
• Electrical & electronics

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The study objectives of this report are:

• To study and forecast the market size of Cargo Shipping in global market.
• To analyze the global key players, SWOT analysis, value and global market share for top players.
• To define, describe and forecast the market by type, end use and region.
• To analyze and compare the market status and forecast between China and major regions, namely, United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
• To analyze the global key regions market potential and advantage, opportunity and challenge, restraints and risks.
• To identify significant trends and factors driving or inhibiting the market growth.
• To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
• To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
• To strategically profile the key players and comprehensively analyze their growth strategies.

Cold Chain Technology to Offer Advanced Storage and Transportation

Growing inclination of consumers towards packed and frozen food products owing to changing lifestyle is anticipated to propel demand for cold chain technology. The technology is likely to offer advanced storage and transportation services for food and other sensitive products under controlled temperature. Increasing adoption of this technology among producers and distributers can control damage and wastage of products.

New Refrigerated Warehouse to Offer Storage Options to Retailers

Major product variants of cold chain are refrigerated transportation and refrigerated storage. In the coming years, refrigerated storage segment is projected to witness significant growth owing to the increasing number of retail outlets offering frozen or refrigerated foodstuffs. This is expected to impel demand for fully equipped storage and transportation facilities. To cater to rising demand, most companies are offering advanced refrigerated warehouse facilities to support producers and retailers of frozen food items.

For instance, Burris Logistics recently opened a public refrigerated warehouse near Atlanta. This new warehouse is likely to offer wide range of cold chain solutions for its clients. It is expected to be located in McDonough, which is around 30 miles from Atlanta. This location is predicted to support company’s clients dealing in refrigerated food products to reach 80% of population in United States within two days.  

Market Insights

The global cold chain market is expected to attain a remarkable volume by 2021, according to a report on Radiant Insights, Inc. Growing adoption of frozen and packed food products among consumers owing to changing lifestyle can fuel market growth. Increasing use of advanced storage and transportation techniques among producers of food and other sensitive products can propel growth of the market in the coming years. Growing requirement for advanced logistics to execute import/export of vaccines or other medicines can spur growth of the market. Favorable government initiatives to support import/export of food and medicines is expected to influence market growth during the forecast period (2017 to 2021).

Some of the leading companies offering cold chain solutions are John Swire & Sons Ltd., Swift Transportation, Preferred Freezer Services, Lineage Logistics, LLC, and AmeriCold Logistics, LLC.

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https://www.radiantinsights.com/research/global-cold-chain-market-2017-2021

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Smart Packaging - A New Weapon in Anti-counterfeiting Packaging Arsenal

Increasing penetration of counterfeit medicines has dealt a massive blow to the healthcare system globally and has caused severe losses for the pharmaceutical industry. Pharmaceutical manufacturers have since taken measures to prevent recurrence of these events, anti-counterfeit packaging being one of them.

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Overt and Covert Technologies

Overt and covert technologies have been undertaken by pharmaceutical manufacturers to distinguish their products from counterfeit ones. These technologies can also stop unwarranted claims and lawsuits pertaining to ill-health resulting from such medicines. Overt technologies employed are holograms, barcodes, and sealing tapes, while covert technologies include biometric fingerprints and radio-frequency identification (RFID) tags. Advent of smart packaging allows manufacturers and consumers to track merchandise till it reaches the delivery point.

Counteractive Measures to Prevent Counterfeiting

TruTags Technologies Inc., a provider of authentication packaging solutions, has developed a new microtag that allows customers to track their products throughout the supply chain. Commercially marketed as TruTags, the product is edible and can be used by pharmaceutical manufacturers directly on the product. Each microtag has a unique code that can be verified with the help of the company’s readers.

Smart packaging employs near-field communication (NFC) and RFID technologies that can link directly to smartphones. Manufacturers are employing track and trace technologies to prevent counterfeiting of future goods. The U.S. Drug Supply Chain Security Act (DSCSA) passed in 2013 provides pharmaceutical manufacturers the freedom to put in necessary measures to prevent the sale of spurious goods.

Market Outlook

According to a report on Radiant Insights, Inc., the global anti-counterfeit packaging market focused on the pharmaceutical industry is expected to expand at a CAGR above 21% during the forecast period (2017–2021). It is predicted to attain good volume growth due to rising need to prevent unforeseen deaths resulting from counterfeit medicines.

The over-the-counter drug segment is predicted to grow robustly over the forecast period due to its easy availability at pharmacies. North America was the biggest market thanks to being host to notable pharmaceutical manufacturers as well as a sizeable consumer base. Notable market players include Authentix, DuPont, The 3M Company, and Avery Dennison Corporation.

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