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Global Meatainers Market: Size, Share, Economic Outlook with Analysis of Key Regions, Demand and Consumption, Top Players, Forecasted till 2026

04-23-2018 02:59 PM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

Fact.MR

Fact.MR

Fact.MR has been actively involved in offering comprehensive research data concerning various topics which are associated to industrial reference and investor utility. “Meatainers Market Forecast, Trend Analysis & Competition Tracking - Global Review 2017 to 2026” Readers can access knowledge related to market volume, regional expanse as well as competitive landscape prevailing in the globalmeatainers market. In order to study development patterns, this smart assessment also focuses on market dynamics, which talks about drivers, restraints and opportunities estimated to influence the concerned market during the forecast period.

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Pivotal role of packaging containers in the storing and transportation of fresh or processed meat keeps gaining significance in the global food industry. The essential utility of these “meatainers” in eliminating the risks of secondary contamination of meat and providing the required strength and durability is valued by meat production companies across the globe. Fact.MR estimates that the worldwide sales of meatainers will bring in over US$ 210 million revenues by the end of 2026. However, the report reveals a moderate growth in demand for meatainers in the coming years. During the period, 2017-2026, the global market for meatainers is pegged to register a modest CAGR of 4.4% in terms of volume.

Meatainers for Beef and Chicken Packaging to Represent Half of Global Market Volume throughout the forecast period

The study foresees a predominant use of meatainers in the packaging of raw beef and chicken. Through 2026, more than 50% of meatainers sold in the global market will used in packaging of chicken and beef. In order to keep the freshness of chicken and beef intact, manufacturers are using block-bottomed liners and specialty tape integrated banding in the manufacturing of corrugated boxes. Manufacturers are also increasing the security features by using high performance adhesive tapes, thereby lowering the risks of contamination. Such meatainers are also witnessing a growing use in pork packaging. The report estimates that the sales of meatainers for pork packaging will reflect a steady volume CAGR of 5.2% over the forecast period.

APEJ Region to Represent Lucrative Marketplace for Meatainers

While the consumption of meat remains largely high in North America, Europe and parts of the Middle East & Africa (MEA) region, the Asia-Pacific excluding Japan (APEJ) region will be showcasing highest market attractiveness in the years to come. By the end of 2026, the APEJ meatainers market is likely to register sales of over 160,000 tons of meatainers.

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Online Sales of Meatainers to Register High Volume CAGR; Competition Tracking to Reflect Consolidated Presence of Packaging Giants

While meatainers are predominantly sold offline, soaring penetration of online vendors in the packaging landscape have diversified the traditional sales avenues for meatainers. In 2017, nearly 280,000 tons of meatainers were sold offline across the globe. Over the forecast period, online sales of meatainers are pegged to register rapid growth by reflecting a 6.1% CAGR in terms of volume. Prominent packaging companies such as Abbe Corrugated Pty. Ltd, Amazing Packaging Supplies, Orora Limited, Lyburn Supplies, Heathpak Ltd., Packaging Corporation Of America, WestRock Company, Smurfit Kappa Group PLC, DS Smith and International Paper Co. are active participants in the global meatainers market, capturing opportunities to soar and congruently balance the online and offline sales of their products. Furthermore, companies namely, Industrial Packaging Corporation, CoolSeal USA, Charta Packaging, Austcor Packaging

Standard Meat, Kruger Packaging, Robert Mann Packaging, Cano Container Corporation, Star Box Inc., Crown Packaging and Norampac Inc. are also viewed as key players in global meatainers manufacturing landscape. Their contribution to the expansion of the global meatainers market will be instrumental in the foreseeable future.

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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 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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Email: sales@factmr.com
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