In the modern era packaging is an important aspect. Packaging is considered both such as science and art. EVA packaging refers to the copolymer of ethylene and vinyl acelate. EVA is an elastomeric polymer that results materials which are “rubber-like” in softness and flexibility. The material has good low temperature toughness, hot-melt adhesive waterproof properties, good clarity and gloss, stress-crack resistance, resistance to UV radiation and others. EVA is used to make thermoplastic mouth guards that soften in boiling water for a user specific fit. The classification of the EVA Packaging Lining is split into the market as per the need of the consumers which include injection moulding and compression moulding. Moreover, the applications are also divided the market such as electronics, daily necessities, decoration products and others. With the wide usage of the EVA packaging lining the market is growing in the current scenario.
The growth of EVA packaging lining industry is being driven by a number of trends, depending on various geographical regions which includes increasing demand in electronics, daily necessities and others in Asia Pacific region. According to the study, ‘ASIA EVA PACKAGING LINING INDUSTRY SITUATION AND PROSPECTS RESEARCH REPORT’ suggest that some of the major companies which are currently operating in this sector includes Rongyeda, Xinyi Sponge, Kadary, Dongtai Sponge Products, Kunshan SDR, Jiaxing Packing, Shanghai Zhongfan and others. The competition among major players in EVA packaging lining market is mainly based on volume, sales data, suppliers, revenue and others. The report analysis also consist the key applications across key players with their production capacity, price, cost and gross margin analysis 2012-2017.
Increasing in the demand for daily necessities and decoration products in the developing regions, the demand of broad range of products is growing, with subsequent growth in demand for the packaging of these products. The significant increase in the usage of EVA packaging lining has led to the growth in the market geographically. However, the demand is increasing every day which led to the growth in the market positively. The EVA packaging lining market is spread across China, Japan, India, Korea, Saudi Arabia and other regions. However unsurprisingly, the Asia-Pacific region market is also taking advantage of compression moulding and injection moulding. Demand for EVA packaging lining will continue in future years as well, majorly due to the significant usage of electronics and need of the product in daily necessity items.
In addition, EVA packaging lining market has developed strategies and policies, which have a major impact on the development in packaging lining over recent years. Whereas the development in the market trends plays the crucial role in the growth of the market Moreover, the major companies which are currently investing in the development of technologies and in updating the traditional ways of packaging in the Asia-Pacific region has resulted to maximize the demand for the EVA packaging lining. Hence, the developing countries are enhancing the growth of the market with the installation of new technologies for doing EVA packaging effectively. Therefore, there are many companies which are going to invest in this business and provide financial support to the market; hence the future of this industry is expected to be bright.
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Ankur Gupta, Head Marketing & Communications