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Report explores the Double Seam Bowl Market likely to emerge over a period of 2017 – 2027

01-10-2019 02:49 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Report explores the Double Seam Bowl Market likely to emerge over

Food packaging market is the fastest growing segment of packaging market, and packaging manufacturers are using various innovations and strategies to tap the potential of food packaging market. One such innovation is double seam bowls made of metal or plastic with high barrier properties for increasing the shelf life of the product without using any refrigeration. Double seam bowls are the perfect solution for the retailers as the double seam bowls can increase the processed food shelf life up to two years. Plastic and metal are the commonly used material for manufacturing of double seam bowls. Double seam bowls have its most of its applications in the food industry; it is widely used for packaging of fish, soups, fruit, vegetables, etc. In today’s busy lifestyle people instead of preparing a whole meal are preferring ready to eat meals which are creating an opportunity for double seal bowls market.

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Double Seam Bowl Market: Market Dynamics

Rigid packaging food packaging market is estimated to be over US$ 100 Bn and is expected to grow at a CAGR of over 3.6% 0ver the forecast period. The use of double seam bowls for packaging of food is expected to increase due to the increasing trend among the consumers for having on the go meals. The ability to increase the shelf life of packaged products by a significant period can boost the demand in double seam bowl market. Increasing penetration of the modern retail outlet in emerging markets is increasing the consumption of packaged and processed food hence positively influencing the demand in double seam bowls market.

The changing lifestyle and eating habits of the consumers are increasing the consumption of processed food and generating the demand in double seam bowl market. However technological advancements in flexible packaging have made rigid packaging less attractive for manufacturers due to its smaller carbon footprint. The presence of the substitute of double seam bowls such as containers with high barrier lidding films, high barrier pouches can hamper the growth in double seam bowl market. On the backdrop of convenience offered by the use of double seam bowl for packaging and handling of food due to their high barrier and microwavable properties is expected to create significant opportunities for double seam bowl market.

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Double Seam Bowl Market - Key Players:

As the market being in a nascent stage, there are very few key players in the double seam bowl market some of them are Silgan Holdings Inc., Truitt Bros. Inc., Golden-Tech International, Inc., 

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, type of product and applications.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies. 

Report Highlights : Detailed overview of parent market,Changing market dynamics in the industry,In-depth market segmentation,Historical, current and projected market size in terms of volume and value,Recent industry trends and developments,Competitive landscape,Strategies of key players and products offered,Potential and niche segments, geographical regions exhibiting promising growth,A neutral perspective on market performance,Must-have information for market players to sustain and enhance their market footprint.

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About Us
Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.

FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.

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