Food Packaging Market To Be Triggered By Sudden Increase In Large Consumption of Packaged Food | Staggering CAGR Expected Through 2022

Global Food Packaging Market Information by Material (Glass, Paper & Paperboard, Plastic, and Metal), by Type (Bottles, Cans, Pouches, Boxes, and Others) by Application (Bakery & Confectionery, Dairy, Meat, Fruits & Vegetables, and others) and Region – Forecast to 2022

Market Highlights

Food packaging market involves various packaging techniques that can prevent food items from contamination. Demand for efficient packaging systems that are sustainable and provide products with a longer shelf-life are boosting the market. Moreover, initiatives that have been taken by the government as well as packaging companies in terms of innovations and offerings have greatly contributed to the growth of the food packaging market.

Food packaging is expected to grow due to factors such as consumption of convenience foods. Visual appeal as well as easy disposable nature is anticipated to fuel the growth of the market. The emerging nations have seen changing preferences towards packaged and convenience food items. Such regions are marked with increasing working population which augments the demand for ready-to-eat packaged food items which retain the nutrition levels.

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However, rising cost of raw material and product safety usage information on the packaging can limit buyer from buying and in turn slows the growth of food packaging market.

Market Research Analysis:

Asia pacific region hold the largest share in the global food packaging market. Awareness among consumers about importance of food packaging and preference for convenience are driving the market of food packaging. Moreover, availability of advanced food packaging materials and technology are expected to support the growth of the packaging in food industry. Additionally, rapid lifestyle changes and economic growth, coupled with rising population in Asia Pacific countries such as China and India has spiked the growth rate of food packaging in the region.

Target Audience

  • Manufactures
  • Raw Materials Suppliers
  • Aftermarket suppliers
  • Research Institute / Education Institute
  • Potential Investors
  • Key executive (CEO and COO) and strategy growth manager

Scope of the report

This study provides an overview of the global food packaging industry, 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, and Rest of the World. 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 food packaging market as material, type and application. On the basis of material it is segmented as glass, paper, plastic, paperboard, Metal. On the basis of type it is segmented as bottles, cans, pouches, boxes, and others. On the basis of application it is segmented as bakery & confectionery, dairy, meat, fruits & vegetables, and others.

Key Players

The key players of global food packaging market report include- Amcor Limited, Coveris Holdings S.A, Smurfit Kappa Group, E. I. du Pont de Nemours and Company, Mondi Plc, Bemis Company, Inc., International Paper Company, D.S. Smith Plc, Silgan holdings Inc. RockTenn Company and Ball corporation

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The report for Global Food Packaging Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

  

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