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Shelf Stable Packaging Market - Product Specification, SWOT Analysis, USP Analysis, Manufacturers List

11-13-2018 01:43 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Shelf Stable Packaging Market - Product Specification, SWOT

Rising consumer preference for healthy & safe food is a major challenge for packaging manufacturers. Packaging manufacturers globally are striving to provide cost effective and efficient packaging solutions to store food products from processing through to consumption. Cans were majorly used in shelf stable packaging. Recent trends in food packaging industry shows that flexible packaging products such as thermoformed trays, retort pouches, etc. are increasingly replacing cans for shelf stable packaging. Shelf stable packaging provides features such as retort, aseptic and barrier properties. Major shelf stable manufacturers are increasingly focusing on this part of the packaging due to growing consumer demand for increased packaging to product ratio.

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High packaging to product ratio in shelf stable packaging can be achieved using flexible co-extruded (multi-layer) pouches, boxes and trays with aseptic, retort or barrier properties. Retort packaging products provide shelf stable packaging for ready to prepare food mixes such as dry rice, pasta, etc. Retort packaging products with ready to prepare food mixes are microwavable. Changing consumer preferences and availability of new technologies related to packaging material and packaging design is the major challenge manufacturers has to cope with.

Global shelf stable packaging market is highly correlated with the dynamics of global flexible packaging market. Recent trends in global shelf stable packaging shows that the increasing penetration of retort pouches, asceptic plastic pouches & bags, etc. High barrier shrink and stretch films are getting traction in food & beverages sector. The demand is significantly rising from meat, poultry & seafood and dairy products application segments. Global flexible packaging market is estimated to expand at a rewarding CAGR of 5.2% during the forecast period (2017 – 2027) and reach US$ 358.7 Billion, by 2024.

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Changing consumer preference for flexible packaging from rigid packaging is expected to drive the global shelf stable packaging market. The busy lifestyle of consumers globally, is influencing consumers to choose shelf stable packaging products. Shelf stable packaging products are durable enough to withstand rigor of distribution and also help in extending shelf-life of packaging contents. Shelf stable packaging helps in optimizing the product to package ratio with less material per ounce of a product.

About TMR

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

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