Press release
Skin Packaging Market 2018-2023 Leading Players Reynolds Flexible Packaging (U.S.), Westrock Company (U.S.), LINPAC Packaging Limited (U.K.), Sealed Air Corporation (U.S.), The DOW Chemical Company (U.S.)
Skin packaging is a technique of packaging in which the product packed in a plastic film, after removal of air from the package. The skin packaging has either a rigid or semi-rigid bottom web which facilitates the holding of the products in place. Vacuum skin packaging ensures longer shelf life of the product and is majorly used for storing dry foods such as meat, cheese and cereals among others. It can also be used for storing of fresh fruits and vegetables for a short duration without the use of preservatives. According to a recent study report published by the Market Research Future, The global market of Skin Packaging market is booming and expected to gain prominence over the forecast period. The market is forecasted to demonstrate a stunning growth by 2023, surpassing its previous growth records in terms of value with a striking CAGR during the estimated period (2017 – 2022).The Global Skin Packaging Market is expected to cross USD 10 Billion at CAGR of around 5% by 2022.
Taste the market data and market information presented through more than 85 market data tables and figures spread in 140 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Skin Packaging Market Information from 2014 to 2022"
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Major Leading Players :
• Bemis Company Inc.
• Berry Plastics Group Inc.
• Sealed Air Corporation
• LINPAC
• Reynolds Flexible Packaging
• The DOW Chemical Company
• Westrock Company
• Clondalkin Group Holdings B.V.
• Linpac Packaging Limited
• Display Pack Inc.
• G. Mondini SPA
Industry/ Innovation/ Related News:
The key strategies followed by most companies within the global Skin Packaging Market are that of new product development.
• On April 29, 2016, Bemis Company Inc. acquired medical device packaging operation of SteriPack Group. This acquisition will diversify their presence in Ireland as well as it will strengthen its packaging production assets in Malaysia and the U.S.
• 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.
Skin Packaging Market – Segmentation
The skin packaging are widely used in various sectors such as food, retail, industrial goods, and others. Food application has a prominent market for skin packaging in various categories such as ready to eat products, fresh meats, bakery, vegetables, fruits, and others. Skin packaging is used in packaging of ready to eat food products, fresh foods, industrial spare parts, and tools. Skin packaging has boosted the toolmaker’s productivity by 30-35% by saving the packaging space. The global skin packaging market size is expected to cross USD 10 Billion at CAGR of around 5% by 2022.
The global skin packaging market is segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;
Segmentation by Material : Comprises Paper & paperboard, LDPE, PVC, and others
Segmentation by Application : Comprises Food, Consumer goods, Industrial goods, and others
Segmentation by Regions : Comprises Geographical regions - North America, Europe, APAC and Rest of the World.
Skin Packaging Market: Regional Analysis : Asia-Pacific is the largest growing market
According to the North American Meat Institute (NAMI), the meat and poultry industry is the largest segment of U.S. agriculture. Total meat and poultry production in 2012 reached more than 93 billion pounds. There is an immense need for proper packaging of such meat products, which will ensure longer shelf life of the meat products. For this reason, skin packaging market is gaining traction in the U.S. region. Europe has accounted for the second largest share in global skin packaging market, owing to large packaged and processed food demand. According to the European Commission, export growth was strongest for meat and dairy products between 2010 and 2011. The increasing need for proper packaging of meat and dairy products, has led to high growth of the skin packaging market.
APAC is expected to experience the fastest growth during the forecasted period due to the economic growth of China and India. The rising population of the region, along with high disposable income and the demand for safe & hygienic packaging of products are factors driving the growth of the vacuum packaging market in this region.
Browse Full Report@ https://www.marketresearchfuture.com/reports/skin-packaging-market-1965
Table Of Contents
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Material
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
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List Of Tables
Table 1 Global Skin Packaging Market: By Region, 2017-2023
Table 2 North America Skin Packaging Market: By Country, 2017-2023
Table 3 Europe Skin Packaging Market: By Country, 2017-2023
Table 4 Asia-Pacific Skin Packaging Market: By Country, 2017-2023
Table 5 RoW Skin Packaging Market: By Country, 2017-2023
Table 6 Global Skin Packaging Market, By Material, By Regions, 2017-2023
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List of Figures
Figure 1 Research Materialof Mrfr
Figure 2 Top Down & Bottom Up Approach
Figure 3 Market Dynamics
Figure 4 Impact Analysis: Market Drivers
Figure 5 Impact Analysis: Market Restraints
Figure 6 Porter’s Five Forces Analysis
Figure 7 Value Chain Analysis
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About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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