ReleaseWire Connect

This report provides competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.

The analysts forecast the global critical infrastructure protection market to grow at a CAGR of 13.44% during the period 2016-2020.

The analysts forecast the auto component market in India to grow at a CAGR of 19.31% during the period 2016-2020.

According to Stratistics MRC, the Global Bio-Plastic Packaging Market is valued at $6142 million in 2015 and is expected to reach $25368.7 million by 2022 growing at a CAGR of 32.7% from 2015 to 2022. Textile industry is anticipated to get profitable impact for bio-plastic market with the increasing environmental awareness among the global population. Bio-plastic packaging is a highly intensive market witnessing more than 50% of biodegradable plastics market demand. Global market is anticipated to witness growth owing to increasing customer attentiveness to ecological products. Shifting partiality from artificial chemical products to environmental substitutes is expected to boost the Bio-plastic packaging market growth. Huge complications involved in the production through agro-based raw materials are anticipated to be a challenging factor for market in the near future. Increasing adoption of bio-based PET in packaging due to rising R&D expenditure by beverage manufacturers is probably to exploit new markets over the forecast period.

According to Stratistics MRC, the Global Paper & Paperboard Packaging market accounted for $180 billion in 2015 to reach $255 billion by 2022 at a CAGR of 5.1%. The key driving factors of the market include recyclability of paper and also growing consumer awareness. However, stringent environmental regulations regarding emissions during production are hampering the market. Food segment is expected to witness highest revenue during the forecast period owing to the increasing demand for the convenience food in developing nations. Asia Pacific region is expected to grow at the highest CAGR during the forecast period owing to rising demand for health & personal care products.

According to Stratistics MRC, the Global Retort Packaging market is estimated at $30.2 billion in 2015 and is expected to reach $49.5 billion by 2022 growing at a CAGR of 7.3% during the forecast period 2015 to 2022. Increase in disposable income, improvement in pet food products and varying preferences of people towards packaging are some of the major factors which are fueling the market growth. High capital investment in technologies is the major restraining factor of the market.

The analysts forecast the global back office system integration market to grow at a CAGR of 5.8% during the period 2016-2020.

According to Stratistics MRC, the Anti-Counterfeiting Packaging Market is estimated at $75.4 billion in 2015 and is expected to reach $214.8 billion by 2022 growing at a CAGR of 16.1% from 2015 to 2022. Factors such as laws & regulations enforced by governments, growing awareness among consumers with regards to secure packaging and maintaining an efficient supply chain are some key factors fostering the market. However, existence of technologies that are deterrent to counterfeiters and huge set-up costs are restricting the market growth.

According to Stratistics MRC, the Fresh Food Packaging Market is estimated at $72.81 billion in 2015 and is expected to reach $99.56 billion by 2022 growing at a CAGR of 4.5% from 2015 to 2022. Demand for convenience food and shelf life extension of fresh food are some key factors fostering the market growth. However, some of the key factors hindering the market are economic crisis and rising raw material prices. Furthermore, innovations in eco-friendly packaging provide huge growth opportunities for the market.

The analysts forecast the data center cooling market in Southeast Asia to grow at a CAGR of 16.11% during the period 2016-2020.