Confectionery Packaging Market 2019 Global Overview by Top Key Players: Solo Cup, Graphic Packaging, Bemis Company, Sweetheart Holdings, and others
Confectionery Packaging Global Market – Overview
The Confectionery Packaging is used to pack various confectionery items such as Flour confections, Chocolate confections, Sugar confections, and others. There are two different packaging used to pack the confectioneries which includes rigid packaging and flexible packaging. Flexible packaging is one of the fastest growing segments of the packaging industry and it integrates the best qualities of plastic, film, paper and aluminum foil to offer an extensive range of protective properties. It essentially takes the shape of a bag, pouch, liner, or overwrap, or any part of a package whose shape can be readily changed. Such packaging are used for consumer products and in industrial applications, to protect, market, and distribute a variety of products. According to a recent study report published by the Market Research Future, The global market of Confectionery Packaging is booming and expected to gain prominence over the forecast period.
The market is forecasted to demonstrate a stunning growth by 2021, surpassing its previous growth records in terms of value with a striking CAGR during the estimated period (2017 – 2021).
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Confectionery packaging has wide applications in the F&B industry, mainly due to its features such as ease of handling, reduced production & shipment costs, and eco-friendliness. Rise in demand for packaged foods & beverages including ready-to-eat meals, frozen meals, and snack foods. Increase in consumer income in countries such as China, India, and Brazil, has led to a growth in demand for good-quality packaged food. Also, the rise in population in many countries, has led to an increase in food & beverage consumption, which ultimately increases the demand of confectionery packaging products.
The key players of Global Confectionery Packaging Market report include- Crown Holdings, Inc., Graphic Packaging International Inc., Aptar Group Inc., Sonoco Products Company, Bemis Company Inc., Amcor Limited, Silgan Holdings, West Rock Company, Solo Cup and Sweetheart Holdings.
Regional Analysis of Global Confectionery Packaging Market
In North America, U.S. accounts for the second largest share in confectionery packaging market. Factors such as rising the consumer preferences for convenient packaging, increase in disposable income, and rising demand from food & beverage, pharmaceutical sectors are some factors driving the demand of the market in U.S. Europe is expected to be the second largest market in confectionery packaging due to innovation and development of personal care, hygiene and beauty products. Increased demand for consumer-friendly products which are lightweight and easily transportable, growing focus on sustainability, the increased need for extended shelf life, and rising standards of hygiene are the major drivers of confectionery packaging market.
Confectionery Packaging Market – Segmentation
The global confectionery packaging market is segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;
Segmentation by Material : Comprises Metal, Paper, Plastic, and others.
Segmentation by Type : Comprises Rigid packaging and Flexible Packaging.
Segmentation by Confectionery items : Comprises Flour confections, Chocolate confections, Sugar confections, and others
Segmentation by Regions : Comprises Geographical regions - North America, Europe, APAC and Rest of the World.
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About Market Research Future
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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