Paper, Plastics, Rubber, Wood and Textile Industry Overview

The oil and gas pumps market consists of sales of oil and gas pumps and related services by entities (organizations, sole traders, and partnerships) that manufacture oil and gas pumps. Oil and gas pumps are used in the oil & gas industry to transfer oil, grease, gas, and other fluids. The main types of oil and gas pumps are centrifugal, positive displacement and cryogenic. A centrifugal pump converts driver energy to kinetic energy in a liquid by accelerating the fluid to the outer rim of an impeller. The pumps have a capacity of up to 500 gpm (small), 500-1000 gpm (medium) and more than 1000 gpm (high) and are used in upstream, midstream and downstream applications. The global oil and gas pumps market is expected to grow from $9.69 billion in 2020 to $11.23 billion in 2021 at a compound annual growth rate (CAGR) of 15.8%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global oil and gas pumps market is expected to reach $13.29 billion in 2025 at a CAGR of 4.3%. The development of oil and gas pipeline infrastructure contributed to the growth of the oil and gas pumps market. Oil and gas pipelines are used for transporting crude oil or natural gas liquids. Pumps or compressors are used for moving the oil or gas through the pipeline at a safe speed. According to India Brand Equity Foundation, the government of India is planning to invest $9.9 billion in expanding the gas pipeline network across the country. According to Invest India, about 12,672 km of gas pipelines are under development. Therefore, the development of oil and gas pipeline infrastructure is expected to drive the market for oil and gas pumps during the forecast period. Internet of Things (IoT) in oil and gas refineries is an emerging trend in the oil and gas pumps market. IoT is used to monitor pipe thickness, flow rate, pipe pressure, and more. IoT enables to have connected machines in the oil and gas industry so that oil and gas companies can predict equipment failure and reduce overall downtime. For example, a single pump failure can cost hundreds of thousands of dollars in lost productivity, so if the condition of pumps is known in real-time, replacements can be ready for those deemed susceptible to failure. Therefore, IoT plays an important role in the oil and gas pumps market. In February 2021, Caterpillar, a USA company that designs, manufacture, and sells machinery, acquired Weir oil & gas subsidiary of Weir group for a deal amount of $405 million. The acquisition of Weir oil & gas will help Caterpillar to build its oil and gas pumps business line and the organization will be running the operation as SPM oil & gas business. The transaction includes more than 40 global service centers and around 2000 employees. Major players in the oil and gas pumps market are KSB SE, Flowserve, Sulzer, Xylem, Gardner Denver, Alfa Laval, SPP Pumps, ITT Oil & Gas, Kirloskar Brother Limited, HMS Group, Nikkiso, Trillium Flow Technologies, EBARA Corporation, Gemmecotti, PCM SA, Ruhrpumpen Global, EDUR-Pumpenfabrik Eduard Redlien, Wastecorp pumps, NETZSCH Pumps & Systems, Framo, SKF, Lewa, DXP, National Pump & Energy, and Enpro Subsea. Asia Pacific was the largest region in the oil and gas pumps market in 2020. This region is also expected to be the fastest growing region in the forecast period. The regions covered in the global oil and gas pumps market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the oil and gas pumps market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The global oil and gas pumps market is segmented - 1) By Type: Centrifugal, Positive Displacement, Cryogenic 2) By Capacity: Small (up to 500 gpm), Medium (500-1000 gpm), High (more than 1000 gpm) 3) By Application: Upstream, Midstream, Downstream

The market for home fitness equipment consists of sales of fitness equipment used at home. Home fitness equipment includes devices and machines used for performing and monitoring physical exercises at home for management of weight, improving stamina, developing muscle strength, improving appearance and personality, burning excess fat, simulating heart rate, or treating and recovering from medical conditions and to maintain overall health and fitness. The market consists of revenue generated by the companies manufacturing home fitness equipment by the sales of these products. The home fitness equipment market covered in this report is segmented by product into treadmills, elliptical machines, rowing machines, strength training equipment, other and by application into home, small gyms, offices, others. The global home fitness equipment market is expected to grow from $8.42 billion in 2020 to $9.9 billion in 2021 at a compound annual growth rate (CAGR) of 17.6%. The growth is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and other commercial activities that paved way for increasing demand for fitness equipment for home-based workouts and improvement of online fitness content. The home fitness equipment market is expected to reach $8.34 billion in 2025 at a CAGR of -4%. Precautionary healthcare coupled with increasing preference for customized workout regime has contributed to the growth of the home fitness equipment market. Today people are inclined towards maintaining an active lifestyle with regular exercise which can maintain a healthy weight and decrease the risk of chronic diseases. According to Mayo Clinic, an American nonprofit academic medical center, 150 to 300 minutes of moderate-intensity activity is needed in a week which includes physical activities such as fast walking or swimming as an important part of preventive care and to prevent weight gain. People prefer to have a customized workout and are getting trained by online experts and individual training courses in order to meet their requirements. Preventive and precautionary healthcare and customized workout regimes have increased the demand for home fitness equipment market. Space limitation in homes is expected to limit the growth of the home fitness equipment market. People living in cities are confined to small homes or apartments to manage their expenses, which limits the amount of space for fitness equipment. According to American Council On Exercise, a treadmill or elliptical machine occupies 30 square feet, a stationary bike occupies 10 square feet, a rowing machine occupies 20 square feet, and free weights occupy 20 to 50 square feet of space. Moreover, the average size of a simple weight bench is 50 inches long and 19 inches wide. Therefore, it is difficult for the user to adjust everything in small spaces. Reduced space in houses resulting in space limitation for fitness equipment is hindering the market growth. Virtual reality fitness equipment, accessories and apps are the emerging trends in the home fitness equipment market to get physical workouts, which can inspire and motivate to keep up fitness goals with fun games and real-life training scenarios. They not only inspire and motivate into working out and firming up the body but also saves thousands of dollars on cross trainers, treadmills and stationary bikes. For instance, the VR Fitness Company is creating the world’s first reality gym experience by providing virtual reality fitness machines that are built to give a safe and fun aerobic session for all fitness levels and making exercise a lot more fun and exciting. Virtual reality accessories are also available in the market which is connected to fitness equipment over Bluetooth and are compatible with the fitness equipment. In September 2019 Anta Sports, a Chinese sports product company acquired Amer Sports for approximately $5.2 billion. Amer Sports, a leading sporting goods company with a strong portfolio of internationally recognized brands, is a Finnish parent company of Precor which designs and makes gym products such as indoor cycling bikes, running treadmills and elliptical machines. Through this acquisition, Anta Sports adds well-known sports brands like Wilson tennis rackets, Salomon ski boots and Arc'teryx outdoor gear to its portfolio along with the fitness equipment. Major players in the home fitness equipment market are Cybex, Nautilus, Precor, Technogym, Fitnessathome, Fitness World, Johnson Health Tech, NordicTrack, ProForm, and True Fitness. The regions covered in the home fitness equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the home fitness equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The global home fitness equipment market is segmented - 1) By Product: Treadmills, Elliptical Machines, Rowing Machines, Strength Training Equipment, Other 2) By Applications: Home, Small Gyms, Offices, Others 3) By Distribution Channel: Offline Retail Stores, Online Retail Stores, Direct Selling

The wipes market consists of sales of wipes and related services that are used in personal, household sector and industrial sectors. A wipe is a moistened, disposable cloth that is used for cleaning surfaces. It is often used as an antiseptic fabric primarily for skin cleansing. The wipes market covered in this report is segmented by type into disposable wipes, non-disposable wipes; by product into baby, facial & cosmetic, hand & body, flushable, others; by application into household sector, industrial sector, others. The global wipes market is expected grow from $39.6 billion in 2020 to $41.69 billion in 2021 at a compound annual growth rate (CAGR) of 5.3%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global wipes market is expected to reach $48.17 billion in 2025 at a CAGR of 4%. The increased demand for specialty wipes and wet wipes is a key factor driving the growth of the wipes market. Specialty wipes have multiple applications, from household to industrial including aerospace, while, wet wipes can be used for various purposes such as cleansing, hygiene, and skincare among others. Wet wipes are one of the best hygienic options for cleaning babies as they are fragile on sensitive children's bodies. Manufacturers such as Pigeon offer products for children, such as anti-mosquito wet tissues. These mosquito repellent wet tissues and wipes are used to avoid mosquito bites and infectious diseases like malaria, dengue and other infections. These wipes can be easily carried to any place and used for both babies and adults for their sanitizing and easy cleaning benefits. Companies including Petkin, Wetnaps and other national wet wipes companies are selling wet wipes for even pets. Therefore, the increased demand for specialty wipes is expected to drive the growth of the wipes market. The environmental threat is a key factor hampering the growth of the wipes market. Typically, the wipes are composed of a fabric like cotton blended together with plastic resins including polyester or polypropylene that are not biodegradable. According to Thames21, a leading waterways charity in London reported that around 23,000 wet wipes from one stretch of the Thames foreshore and 473 bin bags of wet wipes from the foreshore in Barnes, West London were removed in March 2019. Therefore, the environmental threat is expected to hinder the growth of the wipes market during the forecast period. The toxin free baby wipes is a key trend in the wipes market. The toxin free baby wipes are purest clinical grade filtered water wipes loaded with Aloe vera extracts and vitamin E. These baby water wipes are specially formulated with pH to match the delicate skin of new born babies. Though these wipes are often used for babies they can even be used by adults and elderly. Bey Bee, a progressive child care company brand, launched India’s first toxin-free baby wipes. These toxin-free wipes are distributed in all prominent web stores such as amazon, flipkart, Snapdeal, Paytm etc. In November 2018, Diamond Wipes International, the American wet wipe manufacturer acquired Ode to Clean for an undisclosed amount. Through this acquisition Diamond Wipes International saw an opportunity to integrate Bioperoxide into an everyday cleaning product that does not compromise performance for safety. Ode to Clean is a biotechnology company that specializes in Green Chemistry. Major players in the global wipes market are Rockline Industries, Kimberly Clark Corporation, Procter and Gamble Co., Unicharm International, Edgewell Personal Care, Johnson & Johnson, Diamond Wipes International, La Fresh, NicePak International, and Meridian Industries Inc. The regions covered in the global wipes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the global wipes market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The global wipes market is segmented - 1) By Type: Disposable Wipes, Non-Disposable Wipes 2) By Product: Baby, Facial & Cosmetic, Hand & Body, Flushable, Others 3) By Application: Household Sector, Industrial Sector, Others

The face shield market consists of sales of face shields and related services by entities (organizations, sole traders and partnerships) that manufacture face shield that is worn over the face as personal protective equipment. A face shield is simply a curved plastic or Plexiglas panel attached to a band that can be worn over the face, and it should fit securely such that there is no gap between the band and forehead and extend beyond the chin. It is used by many workers in the medical, dental, and veterinary sectors to protect the facial area and associated mucous membranes (eyes, nose, mouth) from splashes, sprays, and spatter of body fluids. Only goods and services traded between entities or sold to end consumers are included. The main types of face shields are reusable and disposable. They are generally made of polycarbonate, cellulose acetate and are sold into a wide range of industries such as healthcare, construction, chemical, oil & gas, and manufacturing. The global face shield market is expected to grow from $2.60 billion in 2020 to $2.86 billion in 2021 at a compound annual growth rate (CAGR) of 9.8%. The growth is mainly due to surging face shield demand during the outbreak of COVID-19 as it adds an extra level of protection from getting infected by the virus. The market is expected to reach $4.22 billion in 2025 at a CAGR of 10.2%. Awareness due to the outbreak of the COVID-19 pandemic and several government initiatives contributed to the growth of the face shield market. According to the World Health Organization (WHO), the coronavirus transmits through droplets of saliva when an infected person coughs or sneezes. The awareness could be due to a spike in the number of COVID-19 cases and lockdowns imposed by governments across the globe. Initiatives by the government to reduce the spread of the virus supported the face shield market. For instance, in European countries, the commission waives off customs duties and VAT on protective equipment, testing kit, and medical devices until the end of April 2021. The awareness due to the outbreak of the COVID-19 pandemic and several government initiatives drove the face shield market. The availability of counterfeit products and the inefficiency of the face shield in completely preventing the spread of the virus are expected to limit the growth of the face shield market. Products such as masks are still the preferred alternatives to face shields. A study published Physics of Fluids by AIP publishing used visualizations to know how effective face shields are at reducing the spread of the virus and the result showed that the face shield did block the initial forward motion of the simulated cough or sneeze but the expelled droplets were still able to move around the visor and were spread out to the larger area. The availability of counterfeit products and the inefficiency of the face shield in completely preventing the spread of the virus are expected to limit the growth of the face shield market. Face shield manufacturers are using 3D printing machines to manufacture the face shield. 3D printing uses computer-aided design to create three-dimensional objects through a layering method, and it is also called additive manufacturing. For instance, in April 2020, Adidas worked with Carbon to manufacture a 3D-printed face shield, and the face shields are used to support healthcare organizations and underserved communities. Anatomiz3D is a 3D modeling and 3D printing company for healthcare in India. Anatomiz3D manufactured cost-effective 3D printed face shields for COVID-19 protection and delivered 3D printed face shields for frontline workers. In May 2020, Aspen Surgical Products, Inc., a leader in surgical disposable products, acquired North Carolina-based Precept Medical Products for an undisclosed amount. Precept is a leader in the US surgical face mask market with its high-quality Fogshield brand and also offers a full line of procedure face masks, face shield, non-surgical isolation gowns, lab jackets, scrubs, coveralls, patient gowns, lab coats, and cold therapy packs. The acquisition will enhance Aspen’s product portfolio with products that are critical for the health and safety of healthcare professionals. Major players in the face shield market are 3M, Honeywell International, Kimberly-Clark Corporation, MSA Safety, Alpha Pro Tech, Casco Bay Molding, Lakeland Industries, Prestige Ameritech, Pyramex Safety Products, LLC, Sanax Protective Products, KARAM, Medline Industries, Inc., Gateway Safety, Inc., DUPONT Teijin Films, MCR Safety, E.D. Bullard Company, Precept, Key Surgical, Radians Inc, Protective Industrial Products, Surewerx, Crosstex, JSP Safety, FT-TEC Group, Lindstrom Group, Hexarmor, Protech Medical, National Safety Apperal, Steelbird Hi-tech India Ltd, Univet, and Dymax Corp. Asia Pacific was the largest region in the face shield market in 2020. This region is expected to be the fastest-growing region in the forecast period for the face shield market. The regions covered in the face shield market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the face shield market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The global face shield market is segmented - 1) By Type: Disposable, Reusable 2) By Material Type: Polycarbonate, Cellulose Acetate 3) By End-Use: Healthcare, Construction, Chemical, Oil & Gas, Manufacturing, Others

The fresh meat packaging market consists of sales of packaging materials used to preserve fresh meat and forms of fresh meat products. The fresh meat packaging industry includes some traditional packaging solutions including changed atmosphere packaging, vacuum skin packaging, and vacuum thermoformed packaging. Such packaging solutions provide efficient transport and increase the storage of meat products by ensuring the fresh and timely distribution of meat products. The main types of packaging formats used in the fresh meat packaging market are modified atmosphere packaging (MAP), vacuum skin packaging (VSP), and vacuum thermoformed packaging (VTP). Modified atmosphere packaging is a packaging system that involves a gaseous atmosphere surrounding the food product at an acceptable level for the preservation of food. Vacuum skin packaging is the packing process done by loading food and applying a lid over it with a heated and softened upper layer. Vacuum thermoformed packaging is a simplified form of thermoforming using only heat, vacuum, and atmospheric part to form a thermoplastic layer. The different types of materials used to manufacture packages are PE, PVC, BOPP, PA, EVOH, PP and are used to pack a variety of meats such as beef, pork, and poultry. The global fresh meat packaging market is expected to grow from $2.32 billion in 2020 to $2.50 billion in 2021 at a compound annual growth rate (CAGR) of 7.7%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $3.22 billion in 2025 at a CAGR of 6.5%. The increased consumption of meat is contributing to the growth of the fresh meat packaging market. According to estimates from a study by the Australia Department of Agriculture Water and the Environment, meat consumption for 20 years to 2018 grew by 58% crossing 360 million tons. In 2019, the per capita meat consumption in Spain was 46.2 kilograms, of which chicken was the most consumed fresh meat. The increase in consumption of meat contributed to the growth of the market. The growth of fresh meat packaging is limited by the change of customer preferences towards vegan food products due to growing awareness of the health benefits of vegan food. Moreover, according to an NCBI report, intake of red meat has been reported to raise the risk of incident coronary heart disease, stroke, and other illnesses that cause health problems. Besides, according to a report by science daily, consumption of red meat, processed meat, or poultry may cause a 3-7% higher risk of cardiovascular diseases and a 3% higher risk of all causes of death. The deteriorating health conditions with consumption of meat has turned the customers to vegan option for better health, thereby negatively impacting fresh meat packaging market. The fresh meat packaging industry has been witnessing a rise in interactive and smart packaging to increase customer satisfaction. Smart packaging improves product's shelf life, monitor freshness, maintain quality and improve safety and convenience with a transparent view of the product creating a fresh appeal to the consumer's eye. The use of modern technologies such as barcodes, radio-frequency identification (RFID) devices, QR codes, near-field communication (NFC) provides meat processing companies with various information including product information and the expiry date. For instance, Foster Farms, a leading poultry firm, has introduced a cooperative and engaging package called DORI. Using QR code, data such as more than 500 fresh chicken recipes and a guide to terminology for poultry labeling can be accessed by users. In May 2019, Sealed Air Corporation a packaging company acquired Automated Packaging Systems for a deal amount of $510 million on a cash and debt-free basis. The deal will expand its protective packaging business with complementary solutions and services in the US. Automated packaging systems provides full flexible packaging systems, including industry-leading equipment, sustainable materials, and technical services. Major players in the fresh meat packaging market are E.I. du Pont de Nemours & Co, Bemis Company, Inc., Berry Plastic Group, Winpack Ltd., Sealed Air Corp., Crown Holdings, Coveris Holdings S.A., Amcor Plc, Coveris Management GmbH, Crown Holdings Inc., DuPont de Nemours Inc., Kureha Corp., Reynolds Group Holdings Ltd., Winpak Ltd., Sealpac International BV, Reynolds Group, Dupont, Amcor, Bemis, Berry Global, Winpak, Sealed Air, Coveris, Kureha, Cascades, Sealpac, Constantia, Suedpack, Sonoco Products Co., and Smurfit Kappa. The regions covered in thefresh meat packaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the fresh meat packaging market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The global fresh meat packaging market is segmented - 1) By Packaging Format: Modified Atmosphere Packaging (MAP), Vacuum Skin Packaging (VSP), Vacuum Thermoformed Packaging (VTP), Others 2) By Meat Type: Beef, Pork, Poultry, Others 3) By Material Type: PE, PVC, BOPP, PA, EVOH, PP, Others

The bag-in-box containers market consists of sales of bag-in-box containers by entities (organizations, sole traders and partnerships) that manufacture bag-in-box containers. A bag-in-box is a kind of container for the distribution and preservation of liquids and is a viable option for packaging juice, liquid eggs, dairy, wine and even non-food products such as motor oil and chemicals. The bag-in-box containers market covered in the report is segmented by material type into low-density polyethylene, ethylene vinyl acetate, ethylene vinyl alcohol, others (nylon, polybutylene terephthalate); by capacity into less than 5 litres, 5-10 litres, 10-15 litres, 15-20 litres, more than 20 litres; by application into food & beverages, industrial liquids, household products, others. The global bag-in-box containers market is expected to grow from $3.37 billion in 2020 to $3.59 billion in 2021 at a compound annual growth rate (CAGR) of 6.4%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $4.56 billion in 2025 at a CAGR of 6.2%. The increasing demand for bag-in-box containers is expected to fuel the growth of the bag-in-box containers market in the coming years. A bag-in-box is a kind of container for the distribution and preservation of liquids and is a viable option for packaging of juice, liquid eggs, dairy, wine, and even non-food products such as motor oil and chemicals. According to findings by packaging pioneer Smurfit Kappa in conjunction with Wine Intelligence in 2020, Bag-in-Box wine has drawn 3.7 million new buyers in France and the United Kingdom over the last six months. In 2020 the Bag-in-Box wine consumer sector has risen to around 12 million buyers in France and 4 million buyers in the UK. Therefore, the increasing demand for bag-in-box containers is expected to drive the growth of the bag-in-box containers market during the forecast period. The increasing demand for plastic bottles in the soft drink industry is expected to hamper the growth of the bag-in-box containers market in the coming years. Plastics tend to do more with less in many aspects, and when it comes to packaging, plastics frequently allow producers to deliver more goods with less packaging content. The highly flexible, lightweight containers built of plastic or plastic-and-foil composites can use up to 80% fewer materials than conventional bag-in-box containers. For instance, around 3 million tonnes of plastic bottles (close to 200,000 bottles per minute) are manufactured annually by the drinks giant Coca-Cola. Therefore, the increasing demand for plastic bottles in the soft drink industry restrains the growth of the bag-in-box containers market. The growing technological advancements are a major trend gaining popularity in the bag-in-box containers market. Major companies operating in the bag-in-box containers sector are focusing on developing technology advanced solutions for bag-in-box containers. For instance, in January 2019 Smurfit Kappa Group, an Ireland-based packaging company introduced a new high-speed, triple-head automatic filling system. The new machine can fill close to 45 3L Bag-in-Box containers for every minute on its three state filling valves. In February 2020, Liqui Box Corp, a US-based packaging company acquired DS Smith for an undisclosed amount. The acquisition of DS Smith's flexible packaging businesses provides a strong platform to further expand Liquibox's leading value proposition into emerging growth markets, such as coffee, tea, water, and aseptic packaging. DS Smith, a UK-based provider of corrugated packaging for consumer and industrial goods. The major players covered in the global bag-in-box containers market are Smurfit Kappa Group, D S Smith, Liqui Box Corporation, CDF Corporation, Optopack Ltd, Scholle IPN, Amcor Ltd., Arlington Packaging, Parish Manufacturing Inc, TPS Rental Systems Ltd, Gráficas Digraf, Aran Group, Zacros America Inc, Zevathener, DRINKinBOX, Polsinelli Enologia Srl, OliveOilsLand, Jigsaw Bag in Box. The countries covered in the global bag-in-box containers market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. North America was the largest region in the bag-in-box containers market in 2020. The regions covered in the global bag-in-box containers market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The global bag-in-box containers market is segmented - 1) By Material Type: Low Density Polyethylene, Ethylene Vinyl Acetate, Ethylene Vinyl Alcohol, Others (Nylon, Poly-butylene Terephthalate) 2) By Capacity: Less than 5 litres, 5-10 litres, 10-15 litres, 15-20 litres, More than 20 litres 3) By Application: Food And Beverages, Industrial Liquids, Household Products, Others

The plastic alternative packaging market consists of sales of plastic alternative packaging by entities (organizations, sole traders, and partnerships) that are engaged in manufacturing plastic alternative packaging products. Plastic alternative packaging products are innovative eco-friendly alternatives to traditional materials and include biodegradable packaging, packaging products made from recycled materials, and plant-based packaging. Only goods and services traded between entities or sold to end consumers are included. The plastic alternative packaging market covered in this report is segmented by type into starch-based plastic, cellulose-based plastics, polylactic acid (PLA), polyhydroxyalkanoates (PHA), others; by process into recyclable, reusable, biodegradable; by application into food and beverage, personal care, health care, others. The global plastic alternative packaging market is expected to grow from $61.23 billion in 2020 to $71.08 billion in 2021 at a compound annual growth rate (CAGR) of 16.10%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $95.04 billion in 2025 at a CAGR of 7.63%. Growing environmental concerns associated with plastic usage is a major driver for the growth of the plastic alternative packaging market. Plastic products consist of deadly pollutants and cause harmful effects on humans, animals, and the environment. Customers are interested in eco-friendly packaging options to find the replacement of plastic packaging. According to the World Economic Forum’s report published in October 2019, approximately 13 million tons of plastic waste leaks into our oceans every year, causing unimaginable damage to biodiversity, marine life, and human health. Most plastics are non-biodegradable attributing to the material versatility. Rising inclination towards alternatives to plastics has attracted businesses worldwide, which contributes to the growth of the plastic alternative packaging market. The high cost of plastic alternative packaging products is projected to limit the growth of the plastic alternative packaging market over the forecast period. Biodegradable plastic packaging materials are expensive as compared to non-biodegradable materials. For instance, the cost of CycleWood's biodegradable plastic bags is around 1.5 cents per unit compared with 1.2 cents for traditional plastic bags. Additionally, biodegradable materials are 2 to 10 times more costly to produce than relative non-biodegradable materials. Thus, high cost is likely to restrict the growth of the plastic alternative packaging market. Advances in technology are a major trend in the plastic alternative packaging market. Major companies dealing in the market are continuously focusing on introducing innovative and sustainable packaging solutions for various industries to maintain their position in the competitive business environment and to meet end-user requirements. For instance, in January 2020, Sealed Air Corporation, has launched a new version of bubble wrap brand packaging material that is made with at least 90% recycled content. The recycled content used to make bubble wrap brand packaging is sourced from post-industrial materials that would otherwise end up in landfills. In June 2019, Amcor plc., an Australia-based company engaged in producing packaging for food, beverage, pharmaceutical, medical, home- and personal care, and other products acquired Bemis company Inc. for $6.8 billion. The acquisition of Bemis Company, Inc. brings new scale, skills, and footprint that will grow Amcor’s industry-leading value plan to create a global consumer packaging giant. Bemis Company, Inc. is a US-based manufacturer of flexible packaging products and pressure-sensitive materials. The major players covered in the global plastic alternative packaging market are Amcor Limited, Tetra Pak, Sealed Air Corporation, Plastic Suppliers Inc., Kruger Inc., Mondi, International Paper Company, Smurfit Kappa Group PLC, DS Smith PLC, Klabin SA, Rengo Co. Ltd, Bemis Company Inc. The countries covered in the global plastic alternative packaging market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. North America was the largest region in the plastic alternative packaging market in 2020. The regions covered in the global plastic alternative packaging market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The global plastic alternative packaging market is segmented - 1) By Type: Starch Based Plastic, Cellulose Based Plastics, Polylactic Acid (PLA), Polyhydroxyalkanoates (PHA), Others 2) By Process: Recyclable, Reusable, Biodegradable 3) By Application: Food and Beverage, Personal Care, Health Care, Others

The hand towel market consists of sales of hand towel, which is a rectangular piece of absorbent paper made from tissue paper instead of cloth. Paper towels soak up water because they are loosely woven which enables water to travel between them, even against gravity (capillary effect). Paper towels can be individually packed (as stacks of folded towels or held coiled) or come in rolls. Paper towels have similar purposes to conventional towels, such as drying hands, wiping the hands or face, wiping windows, dusting, and cleaning up spills. The global hand towel market is expected to grow from $3.43 billion in 2020 to $3.61 billion in 2021 at a compound annual growth rate (CAGR) of 5.2%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $4.44 billion in 2025 at a CAGR of 5%. The hand towel market covered in this report is segmented by product type into rolled paper towels, boxed paper towels, multifold paper towel and by application into residential, commercial. The increasing awareness about hygiene in countries across the world is a key factor driving the growth of the hand towels market. Hygiene and sanitation are essential for preventing and controlling the spread of many dangerous human diseases including cholera, diarrhoea, Ebola and the recent Coronavirus infection. Regular hand-washing with soap is one of the most effective ways of avoiding or reducing COVID-19 spread without vaccine or cure. According to a recent poll in 2020 among French people, French citizens might be at high risk for viral infections in the form of coronavirus (COVID-19) due to a lack of good hygiene practices. Therefore, the increasing awareness about hygiene across the countries is expected to drive the growth of the hand towels market. The commercial places such as hotels, restaurants and workplaces are replacing hand towels with hand dryers, restraining the growth of hand towels market. The growing environmental concern to save trees led to adoption of hand dryers as hand towels require enormous amount of pulp from the trees to manufacture hand towels. According to the study by The Slate and Climate conservancy, using hand dryers is a greener choice and emit less greenhouse gases that emits 9 to 40 grams of carbon dioxide when compared with hand towels, which emits 56 grams of carbon dioxide. Also, with advancements in technology, more eco-friendly hand dryers are launched which consume less electricity. For instance, in 2020, Excel Dryer has launched XLERATOReco which is one of the most environmentally friendly hand dryers as it consumes only 500 watts and can dry up hands in 10 seconds without any heat. Therefore, hand dryers are a big threat to hand towels market and this can impact the market growth of hand towels during the forecast period. The manufactures of forest-friendly paper towels are gaining traction. Forest-friendly paper towels are those that are manufactured without the cutting down of forests. These papers are made from a mixture of bamboo and sugarcane. For instance, Who Gives A Crap, a paper towel manufacturer, specializing in environmentally friendly, zero waste, safe and plastic-free household products, manufactures environmentally friendly paper kitchen towels that are made of tree-free products and give value to money. They are super durable 2-ply towels that can clean-up very well. In September 2019, Cascades, a leading Canadian company that manufactures packaging and tissue products acquired the assets of Orchids Paper Products for $207 million in cash. This acquisition will benefit Cascades in its strategic long-term growth plan in tissue platform. It will enhance the ability to serve customers, increase the quality of the products, and improve the profitability of the company. Orchids Paper Products is a consumer products company based out of the USA that produces and markets paper towels, bathroom tissue, paper napkins, and other related products. The major players covered in the global hand towel market are Kimberly-Clark, Procter & Gamble, SCA, Hengan, Vinda, Asaleo Care, Sofidel, Georgia-Pacific, WEPA, Metsa Tissue, CMPC Tissue, KP Tissue, Cascades, APP. The countries covered in the global hand towel market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The regions covered in the global hand towel market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The global hand towel market is segmented - 1) By Product Type: Rolled Paper Towels, Boxed Paper Towels, Multifold Paper Towel 2) By Application: Residential, Commercial 3) By Distribution Channel: Supermarkets And Hypermarkets, Convenience Stores, Speciality Stores, Online Channels, Others