Press release
Personalized Packaging Market is a Unique Way to Make your Business Stand Out From your Competitors
The increasing consumer disposable income, especially in APAC region, is observed to be responsible to increase the demand for personalized packaging and optimistically influencing the growth in the personalized packaging market. Manufacturers in the APAC region are expanding their capabilities and production capacity in order to establish their footprint in the steadily growing market. The increasing penetration of e-retail format across the globe is also driving the growth of the market. The increasing consumption of bottled water globally will bring in several opportunities.
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The global personalized packaging market is segmented by material type,by packaging type, by end-use and geography. On the basis of material type, the global personalized packaging market is segmented into glass, paper and paperboard, plastic and metal. On the basis of packaging type it is segmented into bottles, containers and jars, bags and pouches, cartons, envelops and boxes. By geography, the personalized packaging market is segmented into. North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
By material type, the paper and paperboard segment is anticipated to hold the largest volume share in the market. The glass segment is expected to be the fastest-growing segment of the material type in the market. By packaging type, the bottle segment is anticipated to dominate with the largest value share in the market. By end use, beverages segment is estimated to contribute over almost 50% of the market share of the global personalized packaging market.
Some of the companies in the personalized packaging market are Owens Illinois Inc., Salazar Packaging, Inc., Design Packaging, Inc., PrimeLine Packaging, International Packaging Inc., Elegant Packaging, Pak Factory Inc., ABOX Packaging, ACG Ecopak, CB Group, SoOPAK Company, Huhtamaki Oyj, The Mondi Group plc., Smurfit Kappa Group, Glenroy Inc. and ProAmpac LLC. ,among others. The major companies operating in the global personalized packaging market will eventually grab the opportunity presented by the new technology to further enhance their product offerings.
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