“According to the FSSAI Regulations, it has created separate packaging regulations as it recognizes the importance of packaging in the food sector and its impact on food safety. The new packaging regulations have been separated from the labeling regulations and a separate Scientific Panel for food packaging is planned.”
Increasing Demand at Adhesive Industry
is also expected to contribute significantly to the Box Sealers market. Overall, Food and Beverage
applications of Box Sealers, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Sales Channel, such as OEMs (Original Equipment Manufacturers), is boosting the Box Sealers market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Box Sealers market identified that the demand is rising in many different parts of the world as "Technology Advancements in Box Sealers for Sealing and Strapping Applications.
". Furthermore, some recent industry insights like "In July 2018, Liqui-Box launched a new sealgard packaging film. It is used for robust packaging across dairy, food & beverages industries. This acquisition will strengthen market presence and product expansion." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Box Sealers market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Box Sealers market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Box Sealers market size is calculated using market estimation process, the Box Sealers market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Box Sealers market size has been validated using both top-down and bottom-up approaches.