Transportation and Logistics
Global market analysis of sleeve labels
Technavio’s market research analyst predicts the global sleeve label market to grow at a CAGR of more than 5% by 2020. Sleeve labels offer several advantages to the packaging vendors as they are made of polyvinyl chloride (PVC), they reduce the need for colored containers and also provide innovative advertising prospects by offering 360-degree coverage to the packaged products. These labels deliver added branding space on a package, which can be used by brand owners to present the product’s features, functions, and benefits. The growing demand for SKU sized packs, sleeve labels in different varieties and colors, and different types of sleeve label for different products will influence the demand for sleeve labels in the market. Besides being cost-effective, these sleeve labels provide tamper evident protection seal, which makes them a preferred option among food vendors.
The increasing environmental concerns and the growing need to reduce pollution have propelled the use of recyclable materials in labeling, especially plastic, and the use of resins derived from renewable resources. This has pushed vendors to surge their investments in the development of eco-friendly sleeve labels and promoting environmental sustainability. For instance, Avery Dennison is launching recyclable and biodegradable sleeve label products in the market like polylactides (PLA) and polyethylene terephthalate (PET). These sleeve labels enable consumer product manufacturing companies to improve their brand image and reduce their carbon footprint. The increased demand for sustainability will propel manufacturers to innovate and introduce biodegradable products into the market over the next four years.
Competitive landscape and key vendors
The market is highly
Overview of the global transit packaging market
According to the market research analysts at Technavio, the global transit packaging market is predicted to grow at a CAGR of around 4% during the forecast period. Surge in trade activities and the high demand from various end-user industries have complicated transit packaging management, which has led to the increased demand for efficient fleet management. The adoption of fleet management systems will help in managing fleet sizes, tracking and cleaning containers, and maintenance activities resulting in the effective and safe transportation of goods. These systems take care of issues related to container distribution and repositioning of empty containers, and help in improving operational efficiency, minimizing risk, and controlling cost. The growing safety for products while transportation has necessitated the use of corrugated boxes in the transit packaging market as they are more sustainable for the environment and can also be easily recycled.
APAC is the largest and the fastest-growing region in the transit packaging market and is anticipated to grow at a CAGR of around 5% during the forecast period. Strong production activities in economies such as China and India have propelled the demand for transit packaging in the region. Food and beverage sector is the major application area for transit packaging in the region owing to the
Overview of the global pharmaceuticals caps and closures market
Technavio’s market research analysts predict that the global pharmaceuticals caps and closures market will grow at a CAGR of more than 5% by 2020. The growing use of child-resistant and tamper-evident packaging has gained huge popularity in the market which has encouraged vendors to use superior quality plastics such as cyclic olefin copolymer (COC) as a raw material in the manufacturing of pharmaceutical caps and closures because of their exceptional barrier properties. COCs are clear amorphous copolymers and have a unique combination of properties like low density, high transparency, and resistance to aqueous and polar organic media. Also, these materials are halogen-free and environmentally-friendly. Other plastic materials, such as High-density polyethylene (HDPE), polyester, and PP, are also being used as raw materials in the construction of caps and closures because of their flexibility, lightweight, and corrosion resistance.
Several vendors in the market are coming up with advanced designs, to attract consumers by offering convenient products. For instance, Triumph Pharmaceutical has launched dual spout closures for its oral care product SmartMouth. It allows the consumer to use two solutions simultaneously from two bottles packed as one. The product is classified as original, gum and plaque, and dry mouth. Some of the companies have also introduced hot-fill polyethylene terephthalate (PET) containers with metal closures. Consumers benefit by having the same quality product but in a light-weight PET bottle. These varieties of packaging are expected to increase the demand for pharmaceutical caps and
Overview of the global cider packaging market
Technavio’s market research analyst predicts the global cider packaging market to grow at a CAGR of almost 5% by 2020. The growing demand for alcoholic drinks has propelled retailers to focus on shelf-life packaging that is easy to transport and store and is convenient to unpack. Vendors are coming up with polyethylene terephthalate (PET) bottles, which protects the cider products for longer durations. Plastic is gaining preference over glass bottles and metal cans because of its lightweight, low costs, and wide availability of designs. The manufacturers are also introducing bottles equipped with a barrier coating technology to increase its shelf life and minimize the risk of permeation. Also, with several technological innovations in the market, there is growing demand for water-based coating technology as it is odorless, tasteless, and environmentally-friendly, and reduces the use of spray powder.
Retort pouch or aseptic pouch packaging is gaining traction in the cider packaging market. These pouches are made of multi-level laminates that maintain the quality of cider products. Many cider packaging companies have started the use of stand-up pouch packaging. Sustainable stand-up pouches are eco-friendly as they are non-toxic and biodegradable in nature. These pouches are also efficient in protecting the quality and essence of the product. Also, several vendors are increasingly using aseptic pouch packaging for cider products
Overview of the global high-density polyethylene (HDPE) packaging market
Technavio’s market research analyst predicts the global high-density polyethylene (HDPE) packaging market to grow at a CAGR of around 5% by 2020. The major properties of HDPE packaging include stiffness, moldability, and chemical resistance, which make its suitable for use in various types of packaging including bottles, containers, cartons, bags, and others. HDPE packaging products are more attractive as they offer more printing options over substitutes, such as polyethylene terephthalate (PET). HDPE packaging is available in different colors and helps in product differentiation. The colors of the packaging products increase the aesthetic value of the products and attract the attention of the consumer resulting in more sales of HDPE bottles.
One of the biggest advantages of HDPE is its ability to be recycled. Because of environmental concerns associated with the plastic usage, there are restrictions on the use of HDPE, which has necessitated the recycling trend in this market. The recycling of HDPE packaging products makes it unique among many plastics used in the packaging industry. The developed countries such as the US and the UK have made crucial developments in recycling HDPE and have future targets to increase the recycling rate. Vendors are trying to achieve 80% recycling in HDPE milk bottles.
Competitive landscape and key vendors
The market is highly fragmented
Overview of the global pressure sensitive labels market
Technavio’s market research analyst predicts the global pressure sensitive labels market to grow at a CAGR of over 7% between 2016 and 2020. Pressure sensitive labels in product packaging act as sources of information on pack contents, assist in locating products through barcodes, tracking, tracing and authentication of devices and are also advantageous for promotion and decoration. Pressure sensitive labels are a valuable and easily accessible marketing tool that helps manufacturers to apply labels directly on products. The water-resistant surfaces of these printed labels makes them a preferred choice among beverage and wine companies as these labels do not react with water when stored in refrigerators, ice buckets, and coolers. The manufacturers are shifting towards the use of greener labels that are bio-degradable and compatible with plastic and glass materials and do not contaminate the recycling process. The growing implementation of stringent environmental regulations will boost the demand for eco-friendly pressure sensitive labels in the coming years.
One of the latest trends gaining momentum in the market is the implementation of two-dimensional barcode technology. Several end-users such as food and beverage and organized retailing are using pressure sensitive labels with two-dimensional (2D) and three-dimensional (3D) barcode technology. Barcodes as product identifiers are the most predominant track and trace technology. They play a crucial role in the supply chain management by securing and documenting a wide range of information that includes product location, batch number, and expiry
The logistics and transportation industry is a dynamic sector that has changed significantly with global economic conditions and international trade flows. The industry is broadly segmented into logistics, packaging, transportation, and warehousing.
New developments in logistics and transportation have enabled companies to work on a global scale, procure resources and materials from distant locations, and augment their distribution channels in order to cater to faraway clients.
Technavio’s logistics and transportation domain incorporates the use of extensive primary and secondary research to provide actionable insights to help our clients identify emerging markets and capitalize on key trends.
We provide extensive market data and comprehensive qualitative and quantitative analyses on essential market divisions, such as distribution, labeling, packaging, reverse logistics, service parts logistics, and warehousing.
Companies such as DB Schenker, DHL, CEVA, Hitachi Transport, Kerry Logistics, Kuehne + Nagel, Mitsubishi Logistics, and UPS are some of the key participants at the forefront of the logistics and transportation industry.