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Global On-the-go Food Packaging Market Trend, Opportunities & Competition Tracking till 2026

04-20-2018 02:27 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Fact.MR

Fact.MR

The global market discussion on on-the-go food packaging industry can be found in the latest study by Fact.MR, which has been freshly added to its massive collection of research database. The report is titled “On-the-go Food Packaging Market Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2026”, which works to enlighten the readers about the major factors prompting the growth of the concerned market. Apart from that, the research majorly focuses on on-the-go food packaging market’s competitive outlook by profiling major players functioning across the globe. As the report moves ahead, information regarding the prominent trends as well as opportunities in the key geographical segments have also been elaborated, thus enabling companies to be able to make region-specific strategies for gaining competitive lead. Some of the prime regions emphasized in the study include key regions.

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Proactive consumer lifestyles and increasing pace of food preparation methods has driven the demand for packaging on-the-go foods. As the demand for on-the-go foods continues to soar across multiple regions, consumers are demanding innovative packaging solutions. Leading players in the global packaging landscape are actively partaking in the global on-the-go food packaging market to reap high profit margins and brimming demand. Fact.MR’s latest forecast study on the global on-the-go food packaging market estimates that the global demand for on-the-go food packaging will soar robustly during the assessment period, 2017-2026. By the end of 2026, the global on-the-go food packaging market is expected to register a valuation over one billion dollars. The report further observes that during the forecast period, the global market for on-the-go food packaging will register a volume CAGR of 5.8%.

6 Key Pointers Highlighting Fact.MR’s Forecast on Global On-the-go Food Packaging Market

1. With respect to packaging materials, polyethylene terephthalate is expected to register highest consumption in the global on-the-go food packaging market. In 2017, more than 1,650 thousand tons of on-the-go food packaging products made of polyethylene terephthalate were sold globally. High density polyethylene and aluminum are also observed as key packaging materials, and are expected to register high volume CAGRs over the forecast period.

2. In 2017, over 500 thousand tons of on-the-go food packaging trays were sold in the global market. The report estimates a robust demand for trays as the key type of on-the-go food packaging. The report further reveals that rigid boxes will represent the leading packaging-type segment, and will register a volume CAGR of 6.3% over the forecast period.

3. By the end of forecast period, over 3,800 thousand tons of on-the-go food packaging products will be used for convenience food applications worldwide.

4. In 2018 and beyond, majority of on-the-go food packaging products will be developed with thermoforming fabrication.

Consumption of Polyethylene Terephthalate Materials to Remain High through 2026

The report reveals that polyethylene terephthalate will remain a highly-used packaging material in the global on-the-go food packaging market throughout the forecast period. In 2017, more than 1,600 thousand tons of on-the-go food packaging products sold in the world were made of polyethylene terephthalate. The report has also observed a growing use of high density polyethylene and aluminum as key on-the-go food packaging materials in the global packaging landscape. Over the forecast period, on-the-go food packaging products made of aluminum and high density polyethylene will register robust volume CAGRs.

Rigid Boxes to Remain Top-sellers for On-the-go Food Packaging

Effective use of rigid containers to carry and serve on-the-go foods has driven their demand in the global on-the-go food packaging landscape. Over the forecast period, rigid boxes are estimated to register highest volume CAGR of 6.3% in terms of packaging type. Key findings from the report also reveal that majority of on-the-go food packaging products will be used for convenience food applications. The application of on-the-go food packaging in convenience foods is estimated to account for approximately 50% of the overall global market volumes during the forecast period. Through 2026, majority of on-the-go food packaging products will be fabricated through thermoforming techniques.

Browse Full Report with TOC- https://www.factmr.com/report/476/on-the-go-food-packaging-market

Table of Content:

1. Global Economic Outlook

2. Global On-the-go Food Packaging Market – Executive Summary

3. Global On-the-go Food Packaging Market Overview
3.1. Introduction
3.1.1. Global On-the-go Food Packaging Market Taxonomy
3.1.2. Global On-the-go Food Packaging Market Definition
3.2. Global On-the-go Food Packaging Market Size (US$ Mn), Volume (‘000 Tonnes) and Forecast, 2012-2026
3.2.1. Global On-the-go Food Packaging Market Y-o-Y Growth
3.3. Global On-the-go Food Packaging Market Dynamics
3.4. Retail Industry- Top 250 Players Quick Statistics
3.5 Top 10 Retailers (2017)
3.6. Geographic Analysis- Retail Industry Analysis
3.7 Retail revenue growth and profitability by region/country, FY2017
3.8. Product Sector Analysis
3.9 Retail revenue growth and profitability by region/country, FY2017
3.10. Retail revenue growth and profitability by primary product sector, FY2017

4. Global On-the-go Food Packaging Market Supply Demand Analysis
4.1. Number of Manufacturers by Region

5. Pricing Point Analysis
5.1. Price Point Assessment by Region

Continued….

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Industrial Goods market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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Fact.MR
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27 Upper Pembroke Street,
Dublin 2, Ireland
Telephone: +353-1-6111-593
Email: sales@factmr.com/
Web: https://www.factmr.com/

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