Press release
Global Fresh Food Packaging Market trends with business development strategies and Key Insights of players like Amcor, Mondi, Coveris Group, Smurfit Kappa, DuPont
This study categorizes the global Fresh Food Packaging Market breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.The report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the Market. Fresh Food Packaging Market report includes historic data, present market trends, environment, technological innovation, upcoming technologies and the technical progress in the related industry. This report helps focus you on the more important aspects of the market like what the market recent trends are.
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The Global Fresh Food Packaging Market is buyer-oriented, and hence with the rising demand for fresh food, and their extended shelf-life the market is expected to be on the rise. The Global Fresh Food Packaging Market is expected to register a CAGR of 3.15% in the forecast period of 2018-2025 and achieve an estimated value of USD 109.1 billion from its initial estimated value of USD 85.1 billion in 2017.
Segmentation: Global Fresh Food Packaging Market
• By Package Material
o Polyethylene
o Polypropylene
o Paper
o Aluminium
o BOPET (biaxially-oriented polyethylene terephthalate)
o Poly-vinyl Chloride
o Others (Glass, Wood, and Textiles)
• By Pack Type
o Flexible Pack
o Converted Roll Stock
o Gusseted Bags
o Flexible Paper
o Corrugated Box
o Boxboard
o Cans
o Others (Stand-up Pouches, and Wicketed Bags)
• By Application
o Meat & Meat Products
o Vegetables
o Seafood
o Fruits
o Others (Dairy, and Poultry)
• By Geography
o North America (U.S., Canada, Mexico)
o Europe (Germany, U.K., Italy, France, Spain, Belgium, Netherlands, Russia, Turkey, Switzerland, Rest of Europe)
o Asia Pacific (Japan, China, South Korea, India, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia Pacific)
o South America (Brazil, Argentina, Rest of South America)
o Middle East & Africa (South Africa, Egypt, Saudi Arabia, United Arab Emirates, Israel)
Competitive Analysis: Global Fresh Food Packaging Market
The Global Fresh Food Packaging Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Fresh Food Packaging Market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
In August 2018, Amcor Limited acquired US based rigid and flexible packaging company Bemis Company Inc., for USD 6.8 billion which will help Amcor have a greater impact for their products in the United States.
In February 2017, Mondi completed the acquisition of UK based innovative packaging company Excelsior Technologies Limited for 33 million euros, helping Mondi improve their innovative packaging solutions and increase their market share in the UK.
Key Insights in the report:
• Offers up the market analysis of the forecast period of 2018-2025, based on the different market segmentations
• Key market players and their profile analysis signifying their effects on the market
• Market Drivers and Restraint analysis for the industry
• Region wise analysis of the market
Feel free to Inquire about this report from our experts at https://databridgemarketresearch.com/inquire-before-buying/?dbmr=global-fresh-food-packaging-market
Key Market Competitors: Global Fresh Food Packaging Market
• Amcor Limited
• Mondi
• Coveris
• Smurfit Kappa
• DuPont
The other players in the market are International Paper, DS Smith, Silgan Holdings Inc., WestRock Company, Sealed Air, Ultimate Packaging Ltd., Temkin International Inc., Greenyard, Berry Global Inc., Packaging Corporation of America, Sonoco Products Company, American Packaging Corporation, Jabil Inc., ITC Limited, Innovia Films, Graham Packaging Company, BASF SE, Ampacet Corporation, Printpack, Bomarko Inc., Graphic Packaging International LLC, Schur Flexibles Holding GesmbH, and Klöckner Pentaplast among others.
Major highlights
1. CAGR values in the market for the forecast period
2. Key trends in the market place
3. Major players and brands
4. Historical and current market size and projection up to 2025.
5. Detailed overview of parent market
6. Changing market dynamics of the industry
Market Drivers:
• Rising demand for fresh packaged and labelled food with no tampering to the products has led to a significant rise in the market of Global Fresh Food Packaging Market
• Growing awareness amongst the people about the products they are consuming and the effects that they have on the environment has led to a significant rise for the market
• Increase in disposable income of the world has led to a rise in the demand for better quality, fresh food products which bodes well for the future of the industry
Market Restraints:
• The rise in counterfeit packaging and products in the market has hindered the market growth
• The waste disposal system of the manufacturers during the production and packaging process has led to an overhaul of government regulations for the product and has halted the market growth
• Cheap local products and their supply has taken a major market share of the Global Fresh Food Packaging Market thereby reducing the growth of the Industry
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About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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Data Bridge Market Research
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Email: sopan.gedam@databridgemarketresearch.com
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