Press release
Skin Packaging Market 2018 Expected to Grow at a CAGR of ~ 5% | Segmentation By Material - polypropylene (pp), polyethylene (pe), polyvinyl chloride (pvc) and other), by Application (meat, poultry, cheese and others
Market Research Future published a research report on “Global Skin Packaging Market Research Report- Forecast 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.Global Skin Packaging Market Information Report by Material (Plastic, Glass, and Others), by type Global Skin Packaging Market Information by Material (Paper & paperboard, LDPE, PVC, and others), by Application (Food, Consumer goods, Industrial goods, and others) and Region - Forecast to 2022
Market Scenario:
Skin packaging acts as a safeguard from various adverse conditions such as humidity, mechanical hazards, temperature, and others. The skin packaging are widely used in various sectors such as food, retail, industrial goods, and others. Food industry has a prominent market for skin packaging in various categories such as ready to eat products, fresh meats, bakery, vegetables, fruits, and others. The reason for the growth of the market is increasing demand for packaged foods, increases shelf life of food product, cost efficiency and space saving packaging. Moreover, stringent regulations regarding packaging waste is expected to boost the market as skin packaging which requires less resource for packaging. The global skin packaging market is expected to cross USD 10 Billion at CAGR of around 5% by 2022.
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Key Players
The key players of global Skin Packaging Market report include-
• 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.
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).
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.
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Skin Packaging Market – Segmentation
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
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.
The report for Global Automotive Remote Diagnostics 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, 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.
Brief Toc:
1. Executive Summary
2. Research Methodology
3. Market Dynamics
4. Global Market, By Packaging Type
5. Global Market, By Technology
6. Global Market, By Application
7. Global Market, By End-user
8. Regional Market Analysis
9. Competitive Analysis
10. Conclusion
11. List Of Tables
12. List Of Figures
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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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