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Global Heat Sealable Packaging Market - Industry Size, Share, Growth, Trends and Forecast 2016 - 2024
Heat sealable packaging is a type of packaging, where the packages are sealed by the application of heat using the conduction mode of heat transfer. Heat sealable packaging doesn’t use any sort of pressure sensitive adhesives. Comparatively, the heat sealable packaging is a very economical packaging process as compared to other processes of sealing such as Radio Frequency (RF) sealing process. Some of the crucial factors for heat sealable packaging are the material heat seal temperature, heat seal pressure and dwell time. Heat sealable packaging being an economical process it is widely employed across various industries such as food, pharmaceutical among other industries.
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Global Heat Sealable Packaging Market: Drivers & Restraints
The growth of global heat sealable packaging market is driven by the demand for effective sealing in the packaging to minimize the leakage issues that occurs due to ineffective sealing in the packaging. Heat sealable packaging being an economical, effective and simple process, it is widely used for packaging in various end-use industries like food, pharmaceuticals and chemical among other industries. Thus, demand for heat sealable packaging from the above mentioned industries can be attributed the growth of heat sealable packaging globally. Furthermore, the increasing demand for FMCG (Fast Moving Consumers Goods) and consumer inclination towards packaged foods can also be attributed to the growth of heat sealable packaging market. On the plus side, macroeconomic factors such as GDP contribution of packaging industry and rise in disposable income can be further attributed to the growth of global heat sealable packaging market. Trends noted in the heat sealable packaging market are introduction of innovative heat sealable packaging film materials. For instance, DuPont Teijin films has invented heat sealable packaging films that are dual ovenable and are made of polyester, these films are invented in contrast with increasing the shelf life of food products by controlling the humidity. However, alternative methods for heat sealing packaging such as ultrasonic sealing might hamper the growth of global heat sealable packaging market globally.
Global Heat Sealable Packaging Market: Segmentation
The global heat sealable packaging market is segmented on the basis of materials, applications and region
On the basis of materials, the global heat sealable packaging market is segmented into:
Polyethylene
PVC films
Ionomer Resin
Polyamides
Polyester
Polypropylene
Polycarbonate
Polystyrene
On the basis of applications, the global heat sealable packaging market is segmented into:
Food
Pharmaceuticals
Chemical Products
Others
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Heat Sealable Packaging Market: Regional Outlook
Based on the geographies, global heat sealable packaging market is segmented into five key regions- North America, Latin America, Europe, APAC, and Middle East & Africa. Among the aforementioned regions, Asia-pacific accounts for significant share for heat sealable packaging market, owing to the significance of food packaging industry in the region as compared to other regions. Furthermore, the significant growth of pharmaceutical packaging in the region and a healthy FMCG (Fast Moving Consumer Goods) market in Asia-Pacific market is expected to bolster growth for heat sealable packaging market in the region. Asia-Pacific is expected to maintain its dominance in the global heat sealable packaging market throughout the forecast period. Europe market for heat sealable packaging is followed by the Asia-Pacific market for heat sealable packaging market which is trailed by the North America market for the heat sealable packaging. Latin America and Middle East & Africa market for heat sealable packaging market is anticipated to register slow growth over the forecast period. Overall, the global market for heat sealable packaging offers a positive outlook.
Global Heat Sealable Packaging Market: Key Players
Some of the few players identified in the global heat sealable packaging market include DuPont Teijin Films U.S Limited Partnership, National Plastics, Inc., HEAT SEALING PACKAGING SUPPLIES & EQUIPMENT, HEAT SEAL, LLC., ClearBags, Prairie State Group, Venus Packaging, ,Blisterpak, Inc., Petra Manufacturing Company and Janco Inc, LLC among others.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
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The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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