Thursday, August 20, 2020

Stretch Packaging Market Research Report|COVID-19 Impact, Outlook and Future Scope Analysis Forecast till 2023

 The stretch packaging market is expected to grow over the CAGR of around 4.7% during the period 2017 to 2023.

Market Highlights

The growth in import export activities among the countries, increases the shipping of products, which drives the growth of the market. Stretch packaging is used to hold the loads and products together on a pallet for the purpose of transportation or storage. This packaging is transparent, which makes it suitable for retail & wholesale display, and ideal for general marketing purposes, due to its clear surface. These factors also impact the growth of the market, positively. However, the availability of cheap alternatives may hamper the growth of the market.

Stretch packaging market is projected to grow at a CAGR of 4.7% during the forecast period.

Market Research Analysis

Global stretch packaging market has been segmented based on material, application and region. On the basis of material, the market is segmented as Linear Low Density Polyethylene (LLDPE), Low Density Polyethylene (LDPE), Poly vinyl chloride (PVC). Low Density Polyethylene dominates the material segment of the market. Majority of the end users use LDPE for stretch packaging. LLDPE is expected to be the fastest growing material segment. PVC is a dense material and is considered a common material in India, when clarity is an important selection criterion, particularly for consumer packaging.

On the basis of application, the market is segmented as food & beverages, industrial product, consumer product, and others. Food & Beverages segment dominates the application segment of the market. Increased consumption of food & beverages across the globe drives the demand of beverages.

Scope of the Report

This study provides an overview of the global stretch packaging market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next six years for each region. The scope of the study segments the global stretch packaging market by its material, product, application and region.

By Material

  • Linear Low Density Polyethylene (LLDPE)
  • Low Density Polyethylene (LDPE)
  • Poly vinyl chloride (PVC)
  • Other

By Application

  • Food & Beverages
  • Industrial goods
  • Consumer Product
  • Others

By Region

  • North America 
  • Asia-Pacific 
  • Europe
  • Rest of the World  

Key Players

The prominent players in the stretch packaging market include Bemis Company, Inc. (U.S.), Berry Global, Inc. (U.S.), Amcor Ltd (Australia), Sigma Plastics Group, Inc. (U.S.), AEP Industries Inc. (U.S), DUO PLAST AG (Germany), Unnati Industrial Corporation (India), U.S. Packaging & Wrapping LLC (U.S.), and Grafix Arts (U.S.).

Read More:

https://in.avalanches.com/pune__meat_poultry_seafood_packaging_market_research_report_covid19_imp718514_20_08_2020

https://in.avalanches.com/pune__multimed_adherence_packaging_market_research_report_covid19_impact718518_20_08_2020

https://in.avalanches.com/pune_stretch_packaging_market_research_report_covid19_impact_business_re718515_20_08_2020


 

Shrink Packaging Market Research Report|COVID-19 Impact, Business Revenue, Future Scope, Market Trends, Key Players, and Forecast till 2023

 Overview

The global shrink packaging market is a very dynamic market and is expected to witness decent growth over the forecast period. The growth of market is enhanced by factors such as amplified consumption of meat and poultry and improved government policies regarding food safety. However, stringent regulations on packaging material waste and recycling is expected to hinder the growth of the shrink packaging market.  

The meat consumption has constantly seen rise in the U.S., European Union, and developed world. There is seen a swing towards poultry, and red meat. This represents the major proportion of meat consumed in the U.S. The demand for meat in developing countries remains moderate as the production and consumption of meat surges with swelling disposable income. There is seen a change in the dietary pattern in developing countries which is noticeable due to the high meat consumption. This drives the demand of packaging technology for the meat, poultry and seafood packaging which is a growing industry that utilizes the shrink packaging.

With the increasing acceptance of convenience shopping, the retail sector is mushrooming across the globe. The retail sector is flourishing, owing to factors such as positive demographics, rising consumer incomes and real estate developments, particularly the emergence of new and bigger shopping malls. With the emergence of consumerism, the retailer has to face a more knowledgeable and demanding consumer. This has elevated the demand for packaging across the fruits, vegetables, poultry, and meat products.

There is seen an intensifying role of government to ensure food safety. Government agencies are accountable for setting food safety standards, directing inspections, safeguarding the standards and making sure they are met, and also upholding a strong enforcement program to deal with those who do not obey with standards. The Food Safety Modernization Act (FSMA), enables the Food and Drug Administration (FDA) to guard public health by consolidation the food safety system. This also includes packaging and product information. Such policies push the demand for shrink packaging across the food industry for features such as extended shelf life, retaining taste, nutrition, and color along with other additional benefits. 

Competitive Analysis

Shrink Packaging industry has seen significant growth in last few years due to its application across industries, cost efficient solution and sustainable packaging solutions. The major players operating in this market, who have adopted expansion as their key startegy are Bemis Company Inc (U.S.), Berry Global Group, Inc. (U.S.), LINPAC Packaging Limited (U.K.), Amcor Ltd. (Australia), Sealed Air Corporation (U.S.), DuPont (U.S.), G. Mondini SA (Italy), Green Packaging Material (Jiangyin) Co., Ltd. (China) and others.

In 2016, Clysar in Pack Expo 2016 introduced with its new Shrink Packaging Solutions. It features new narrow-to-wide film widths, live shrink wrapping demonstrations, expanded shrink film selection and services, and updated website launch.        

Amcor Ltd. launched transparent packaging that enables consumers to see the product inside. This has been a growing trend in recent years. The company faced challenges of metal-free packaging. This was often not a practical option for products requiring an outstanding barrier. However they launched the product.

Berry Global Group, Inc. followed strategy of merger & acquisition and continued partnership & collaboration with major companies. This is line with expanding their current business network by forming economic value through mergers & acquisitions. This is focused on improving Berry’s long-term financial performance, improve market positions and expanding existing and complementary product lines. In 2015, Berry Plastics Group, Inc. acquired AVINTIV Inc. from private equity funds managed by The Blackstone Group LP for approximately USD 2.45 Million.

Regional Analysis

APAC is expected to show the fastest growth during the forecasted period due to the economic growth of China and India. The growing population of the region, along with positive disposable income and the demand for hygienic packaging of products are factors driving the growth of the shrink packaging market in this region.

China is estimated to grow faster than other countries in the region. It is due to upsurge in food consumption, quick migration in urban areas, and strengthening economy. China has been by far one of the largest consumer and producer of pork and has upheld self-sufficiency over the years. In 2016, The Ministry of Agriculture’s 5-year plan set the objectives of cumulative scale of utilizing hog waste, hog farms, shifting hogs away from cities improving cold chain, founding traceability, and increasing vertical coordination.

North America accounted for the second largest market share. According to the North American Meat Institute (NAMI), the meat and poultry is the largest segment of U.S. agriculture. The meat and poultry production in 2012 reached more than 93 billion pounds. There is an huge requirement for proper packaging of such products, which will safeguard longer shelf life of the meat products. For this reason, shrink packaging market is gaining traction in the U.S. region.

Read More:

https://diigo.com/0iauhh

https://diigo.com/0iaull

https://diigo.com/0iaufh



 

Wednesday, August 19, 2020

Honeycomb Packaging Market Research Report |COVID-19 Impact, Business Revenue, Future Scope, Market Trends, Key Players, and Forecast till 2023

 The honeycomb packaging market is expected to grow at ~ 6% CAGR during the period 2017 to 2023.

Market Highlights

Honeycomb packaging is made by conglutination of paper bands into series of hexagons that are similar to honeycomb structure, and are then sandwiched between two sheets. The properties of honeycomb packaging are low material consumption, low weight, difficult to deform, resistant to pressure, shock and bending, good cushioning performance, and recyclable. Increasing demand for lightweight, environment friendly, and low cost packaging by food and beverages, automotive, and other industries, is driving the growth of honeycomb packaging market.

Honeycomb structures are naturally occurring or man-made and have the geometry of a honeycomb. These are used between two thin sheets to make materials for honeycomb packaging. Honeycomb structures aid the material used in packaging in reducing density and increasing shear and compression properties. This enables in minimizing the material usage and maximizes strength. Honeycomb packaging is 100% ecofriendly, lightweight, shock absorbent, and does not change in dimensions with temperature variations. It provides advantages such as easy handling and transportation, easy disposal, and low cost.

Increasing demand for sustainable packaging by various industries such as automotive, furniture, consumer goods, and others, is the major growth driver for honeycomb packaging. Furthermore, the growing demand for e-Commerce sector owing to increasing utilization of smart phones, is propelling the growth of packaging industry, which in turn has augmented the growth of honeycomb packaging. However, increasing demand for flexible packaging is the major challenge to honeycomb packaging market. Stringent government regulations by U.S. Environmental Protection Agency and other regulatory bodies on the recyclability and environment hazards of the material used in flexible packaging such as plastic and aluminum, is expected to boost growth of the honeycomb packaging market as honeycomb packaging is made from environment friendly material.

The global honeycomb packaging market is expected to grow at ~ 6% CAGR during the forecast period.

Market Research Analysis

Exterior packaging and automotive sector are, expected to grow at the highest CAGR

Global honeycomb packaging market has been segmented based on packaging type, end-use industry and geography. Based on packaging type, it has been segmented as exterior packaging, interior packaging, pallets, and others. Exterior packaging is the largest packaging type segment in the market as it provides enhanced safety in product transportation and is easy to handle. Based on the end-use industry the market is segmented as automotive, consumer goods, food and beverages, furniture, industrial goods, and others. Protective packaging is an important part of the automotive supply chain. Honeycomb packaging is the effective method for packaging bulky products and automotive parts, as it offers enhanced safety.

Scope of the Report

This study provides an overview of the global honeycomb packaging market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the honeycomb packaging market by its packaging type, by end-use industry and by region.

By Packaging Type

  • Exterior Packaging
  • Interior Packaging
  • Pallets
  • Others

By End-use Industry

  • Automotive
  • Consumer Goods
  • Food and Beverages
  • Furniture
  • Industrial Goods
  • Others

By Regions Type

  • North America 
  • Asia Pacific 
  • Europe
  • Rest of the World  

Key Players

The key players of global honeycomb packaging market are BASF SE (Germany), ACH Foam Technologies (U.S), DS Smith plc (U.K), HUHTAMAKI GROUP. (Mexico), Lsquare Eco-Products Pvt. Ltd. (India), Packaging Corporation of America (U.S), Sealed Air Corporation (U.S), Sonoco Products Company (U.S), Smurfit Kappa Group plc (Ireland) and WestRock Company. (U.S).

Read More:

https://teletype.in/@rshweta/HWT6fhqNB

https://teletype.in/@rshweta/OsdeS43XW

https://teletype.in/@rshweta/qpaupDn9n

https://teletype.in/@rshweta/fiElq3H-9

 

Effervescent Packaging Market Research Report |COVID-19 Impact, Outlook and Future Scope Analysis Forecast till 2023

 Global Effervescent Packaging Market Overview

Effervescent tablets, powders and liquids demand a distinctive packaging to maintain product integrity. Special packaging is required to make sure that these products don’t encounter with external factors such as moisture, extreme temperatures, pollutants, etc. as such contact may cause the effervescent product to dissolve, change its properties and lose purpose of use.

According to a report published by Market Research Future (MRFR), the effervescent packaging market is steadily growing due to many factors including rising awareness and shift towards preventive healthcare, a fast-growing market for medical care, increasing popularity of fast dissolving medicine solutions, etc. This will drive the growth of research and development in the healthcare industry, invention of new drug formulas, and, in turn, drive the growth for effervescent packaging market around the globe.

Segmental Analysis:

The effervescent packaging market has been analysed on the basis of packaging type, product, application and region. Based upon packaging type, the effervescent packaging market has been further segmented into tubes, sachets, stick packs and others. The market has been segmented into tablets and powder, based on product type. On the basis of application, the effervescent packaging market has been segmented into pharmaceuticals, nutraceuticals.

The segment of tablets dominates the market based on product. The pharmaceutical and nutraceutical industries mainly deal in effervescent tablets to treat a wide variety of illnesses and deficiencies as effervescent tablets make the absorption of the required drugs easier. For patients with a swallowing difficulty, effervescent drugs can be a simpler way to get the required medication as the intake can be water based. These factors are bound to create higher demands for effervescent drugs in the pharmaceutical and nutraceutical industries, driving growth of the effervescent packaging market as well.

The segment of effervescent tubes is estimated to capture a larger market share, based on packaging type as effervescent tablet tubes are non-toxic and immune to microbiological attacks. An important factor of consideration when packaging effervescent tablets is maintaining a balanced humid atmosphere within the tube. Undue exposure to moisture can cause discoloration, dissolution and/or ineffectiveness of such tablets due to a high vitamin component in them. Therefore, tube-based packaging solutions are deemed promising for maintenance of the necessary conditions to preserve product effectiveness and durability.

Detailed Regional Analysis

Based on region, the effervescent packaging market has been segmented into North America, Asia Pacific (APAC), Europe and Rest of the World (RoW). The European region is dominating the segment for effervescent packaging market with countries like Germany, France, and the U.K. experiencing higher healthcare expenditure a rise in the government support for usage and promotion of effervescent drug-based treatment. North America being the second largest region in the market, is deemed to experience the highest CAGR during the forecast period. With rising consumer demand for preventive healthcare and rising budget allocations provided for the same, the market is expected to grow at a CAGR of 7.1% during the forecast period till 2023.

Key Players in the Industry:

Some of the prominent players in the effervescent Packaging market include Sanner GmbH (Germany), Romaco Pharmatechnik GmbH (Germany), Nutrilo GmbH (Germany), Unither Pharmaceuticals (France), Amerilab Technologies, Inc. (U.S.), Hebei Xinfuda Plastic Products Co., Ltd. (China), Parekhplast India Ltd. (India), Zhejiang Sorfa Life Science Research Co., Ltd (China), and GEA Group (Germany).

Industry Updates:

Sanner GmBH will present its broad variety of primary packaging solutions for effervescent products at PharmaPack Europe. The AdPack desiccant sachets made of Tyvek will offer an ideal combination of moisture protection, breathability and durability of effervescent tablets and powders.

Read More:

https://qntjuo.prnews.io/210279-Autoclave-Indicator-Tape-Market-Research-Report-Forecast-to-2023.html

https://qntjuo.prnews.io/210288-Transparent-Barrier-Packaging-Films-Market-Research-Report-till-2023.html

https://qntjuo.prnews.io/210293-Perfume-Packaging-Market-Research-Report-Forecast-to-2023.html

http://www.spoke.com/topics/perfume-packaging-market-research-report-covid-19-impact-outlook-and-future-scope-analysis-forecast-till-2023-5f3cf3a62c3329952a00b24f

 

 


 

 

 

 

Tuesday, August 18, 2020

Refrigeration Packaging Market Research Report|COVID-19 Impact, Business Revenue, Future Scope, Market Trends, Key Players, and Forecast till 2023

 The global market for global refrigeration packaging market is expected to grow at ~5.37%CAGR.

Market Highlights

The global refrigeration packaging market is a very dynamic market and is expected to witness high growth over the forecast period. With suitable protective materials such as paper or synthetic films, the products can vary from fresh food, processed food and ready-to-eat products. Various packaging technologies are used such as vacuum skin packaging and modified atmospheric packaging (MAP), which essentially removes atmospheric oxygen from the primary package being sealed. Oxygen has been identified as a primary source of most product degradation.

Changes in consumer preference for safe food have led to innovations in packaging technologies. The packaged refrigeration market is driven by various factors such as government initiatives for food safety, increase in demand for small portion food items/demand for single use packaging. Growth in retail sectors/increasing number of retails outlets, and increasing demand for processed food items, also drive the market growth. The refrigeration packaging market has various restraints such as inclination towards fresh cooked food and added costs of the final product.

One challenge in the market is the volatility in raw material prices. The most common raw materials used in the manufacturing of packaged refrigeration, include aluminum, copper, and steel. These materials have volatile prices that affect the manufacturers, and the end-user segments. The expanding demand-supply gap in the last few years has led to an increase in the cost of raw materials.

Market Research Analysis:

With busy consumer lifestyles and rising household incomes, more and more people are looking for convenient options that can fit around their hectic schedules. Technological advancements have enabled the flexible packaging companies with the ability to supply new film types and improved packaging designs, which helps protect, promote and store the product. Specifications such as printed films, re-sealable zippers, tear notch openings and single serve packing, have played a key role in enhancing this trend.

With increasing disposable income and changing consumer preferences, there has been an inclination towards the consumption of frozen meat, poultry and seafood products. The growth of the segment is propelled by consumer demand for frozen foods offering convenience and value along with quality improvements resulting from packaging innovations. There has been a steady rise in income levels in developing nations, recently, resulting in more disposable income among individuals. Developing countries such as China, India, Indonesia, Thailand, Vietnam, and Mexico have the largest disposable incomes, due to which there has been a significant growth in the demand for efficient packaging of meat, poultry and seafood. The higher disposable income in these developing countries, result in the increase in purchasing power. As a result, frozen packaging market is expected to be impacted, positively.

In this market study, analysts have estimated Asia Pacific to dominate the refrigeration packaging market during the forecast period. Factors such as the introduction of active and intelligent packaging solutions by vendors such as Amcor, and the growing demand for flexible packaging, will boost packaged refrigeration growth in this region during the forecast period.

Scope of the report

This study provides an overview of the global refrigeration packaging market, tracking one market segment across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Refrigeration Packaging market by its product and region.

By Packaging Material

  • Paper & Paperboard
  • Plastic
  • Metal
  • Others

By Packaging Type

  • Boxes and Cartons
  • Bags and Pouches
  • Containers
  • Bottle & Jars and Others

By end-user

  • Residential
  • Non-Residential

By Region

  • North America 
  • Asia Pacific 
  • Europe
  • Rest of the World  

Key Players

The key players of global refrigeration packaging market includes Amcor Limited (Australia),  Ball Corporation (U.S.), Bemis Company, Inc. (U.S.), Crown Holdings Incorporated (U.S.)., Graphic Packaging International, Inc.(U.S.), International Paper Company (U.S.), Pactiv LLC (U.S.), Sealed Air Corporation (U.S.), Sonoco Products Company (U.S.), and WestRock Company (U.S.)

Read More: 

https://uberant.com/article/893061-honeycomb-packaging-market-research-report-global-forecast-to-2023/

https://uberant.com/article/893074-effervescent-packaging-market-research-report-global-forecast-to-2023/

https://in.avalanches.com/pune__aluminium_foil_packaging_market_research_reportcovid19_impact_outl711890_18_08_2020

 

 

 

Glass Container Market Research Report |COVID-19 Impact, Business Revenue, Future Scope, Market Trends, Key Players, and Forecast till 2023

  The glass container market is expected to grow at ~ 5% CAGR during the period 2017 to 2023.

Market Highlights

Glass is a recyclable material manufactured with raw materials that include sand, limestone, soda ash and other ingredients. Glass containers are made using processes such as blow-blow, press and blow, and narrow neck press blow (NNPB) - a recent innovation in glass manufacturing industry.

Glass is an unbeatable option as a packaging material supported by its superior attributes of sterility, reusability, chemical stability, durability, non-permeability and malleability. It is also hygienic, eco-friendly, and aesthetically pleasing. Key applications areas for this evergreen rigid packaging type include beverages, food products, pharmaceuticals, cosmetic, and chemicals. The growth in the market is driven by the rising consumption of alcoholic beverages and the increasing sales of beauty and personal care products in the emerging markets. Other important growth drivers include rising demand for healthy, ethnic and organic food products, and increasing emphasis on using eco-friendly recyclable material. With an unlimited recyclable life, glass ranks high on the parameters laid down for the environmental most desired packaging type. For every ton of recycled glass, a ton of natural resources are saved, while reducing carbon dioxide emission by a ton with every six tons of container glass recycled. 

The global glass container market is greatly influenced by the alcoholic beverages industry as a majority of manufacturers market alcoholic drinks packed in glass bottles. Alcoholic beverage is a large application segment of glass containers, accounting for a high market share in terms of volume as compared to other end-use applications. The beverage packaging segment is witnessing significant gain in market share owing to the aesthetic appearance that can be achieved by the use of glass in container manufacturing and also its transparent nature, which allows the manufacturer to showcase the premium quality of the product inside. Glass, being a versatile material in container manufacturing, preserves the original taste of the drink inside without altering its taste or quality. Glass containers are available in the market in a variety of colors, shapes and sizes according to the prevailing demand.

Market Research Analysis

Glass bottles and beverage packaging segment are, expected to grow at the highest CAGR and hold the largest market share

The global glass container market is greatly influenced by the alcoholic beverages industry as a majority of manufacturers market alcoholic drinks packed in glass bottles. Alcoholic beverage is a large application segment of glass containers, accounting for a high market share in terms of volume as compared to other end-use applications. The beverage packaging segment is witnessing significant gain in market share owing to the aesthetic appearance that can be achieved by the use of glass in container manufacturing and also its transparent nature, which allows the manufacturer to showcase the premium quality of the product inside. Glass, being a versatile material in container manufacturing, preserves the original taste of the drink inside without altering its taste or quality. Glass containers are available in the market in a variety of colors, shapes and sizes according to the prevailing demand.

Scope of the Report

This study provides an overview of the global glass container market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the glass container market by its design product type, by end-use and by region.

By Product Type

  • Glass Bottle
  • Glass Jars
  • Glass Vials
  • Candle Glass Containers

By End-use

  • Cosmetics & Perfumes
  • Pharmaceuticals
  • Food Packaging
  • Beverage Packaging
  • Other Products

By Regions

  • North America 
  • Asia Pacific 
  • Europe
  • Rest of the World  

Key Players

The key players of global glass container market are Amcor Limited (Australia), Owens-Illinois Inc. (U.S.), Central Glass Co., Ltd. (Japan), BA Vidro, S.A. (Portugal), VIDRALA (Spain), Ardagh Group S.A. (Luxembourg), Hindusthan National Glass & Industries Limited. (India), Vitro, S.A.B de C.V. (Mexico), Consol Glass (Pty) Ltd. (South Africa) and Frigoglass (Greece).

Read More:

https://www.diigo.com/user/rshweta/b/562175365

https://diigo.com/0iacj0

https://www.evernote.com/shard/s530/sh/35c54461-c5a9-7e56-6a2c-fb2aeb52927c/f6fd16078f4de94eeba3fcb2536869d7

 

 

Monday, August 17, 2020

Canned Food Packaging Market Research Report |COVID-19 Impact, Outlook and Future Scope Analysis Forecast till 2023

 The global market for global Canned Food packaging market is expected to grow at ~4.01% CAGR.

Market Highlights

Canned food packaging is predicted to grow at a CAGR of 4.01% in retail volume during the forecast period due to increasing urbanization, rising disposable incomes, and growing demand for convenient products. Higher disposable incomes of middle-class consumers and high growth of modern retail are other factors driving the growth of the canned or preserved food.

Canned foods play an important role in the global food market. Convenience, easier opening, resealable and so on are driving the market growth. It can be preserved for months and continuing a trend toward cheap alternatives to chilled and frozen packaging. While offering the advantages of a long shelf-life and low prices, canned food suffers from a poor consumer perception of its healthiness and taste quality. Due to the growing consumer interest in consumption of fresh products with extended shelf life, manufacturers have to provide modern and safe packaging. It is a challenge for the food packaging industry and also acts as a driving force for the development of new and improved concepts of technology packaging. Therefore, packaging producers are looking for solutions that allow improving such properties of packaging materials as an adequate barrier to gases, UV protection, and extension of the storage period, transparency, and environmental performance. A recent study shows that worldwide sales within the canned food market are forecasted to reach nearly USD 50 billion over the forecasted period.

Market Research Analysis:

The global canned food packaging market is dynamic and is expected to witness a high growth over the forecast period. The canned food packaging market is driven by the recyclable and reusable properties of the cans, nutritional value and hygienic food process. growth in the busy schedules and hectic lifestyle, increase in the demand for the packaged or processed food, and availability of various convenient food option such as ready to eat, ready to cook, ready to serve and ready to heat are expected to propel the growth of global canned food packaging market. Geographically, the global canned food packaging market is significantly large in Europe and North America due to increasing per capita income and high consumer spending. Moreover, Asia Pacific is expected to be the fastest growing segment. Developing economies like India, China, and Brazil have changed their buying patterns by purchasing more packaged foods. The rising food market enables the global players to introduce new products, expand to new regions, and develop new technologies. The Asia Pacific with developing nations is the most attractive market because of its inclination towards improvement in the quality of food. From the last few years, the demand for canned food has been increasing in the Asia Pacific region majorly due to the changing lifestyle and the increasing purchasing power.

Scope of the report

This study provides an overview of the global Canned Food Packaging market, tracking one market segment across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Canned Food Packaging market by its material, type of food product and region.

By Material

  • Steel
  • Aluminum
  • Others

Type of Food Product

  • Readymade Meals
  • Meat
  • Sea Food

By Region

  • North America 
  • Asia Pacific 
  • Europe
  • Rest of the World  

Key Players

The key players of global canned food packaging market include Amcor Ltd. (Australia), Ardagh Group (Luxembourg), CPMC Holdings Ltd. (China), Crown Holdings (U.S.), Grief Incorporated (U.S.), Silgan Holdings Inc. (U.S.), Rexam Plc. (U.K.), Toyo Seikan Kaisha Ltd. (Japan), Ball Corporation (U.S.), and Huber Packaging (Germany). 

Read More:

https://teletype.in/@rshweta/_M6k313xY

https://teletype.in/@rshweta/PR31jfUb9

https://www.techsite.io/p/1642668 

 

 

 

Portable Gaming Console Market Outlook, Strategies, Industry Analysis, Future Scope, Key Drivers Forecast To 2027

  Portable Gaming Console Market Global Market   - Overview The demand for portable gaming console demand is growing very rapidly due to its...