Press release
Global Fresh Food Packaging Market Size and Forecast to 2026 | Leading Key players - Amcor Limited, Mondi, Coveris, Smurfit Kappa, DuPont, International Paper
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. Global fresh food packaging market is expected to register a CAGR of 3.15% in the forecast period of 2019-2026 and achieve an estimated value of USD 112.62 billion by 2026 from its initial estimated value of USD 87.87 billion in 2018.
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Global Fresh Food Packaging Market, By Package Material (Polyethylene, Polypropylene, Paper, Aluminium, BOPET, Poly-Vinyl Chloride, Others), By Pack Type (Flexible Pack, Converted Roll Stock, Gusseted Bags, Flexible Paper, Corrugated Box, Boxboard, Cans, Others), By Application (Meat & Meat Products, Vegetables, Seafood, Fruits, Others), By Geography (North America, Europe, Asia Pacific, South America, Middle East & Africa) – Industry Trends and Forecast to 2026
Complete report on Global Fresh Food Packaging Market Research Report 2019-2026 spread across 350 Pages, profiling Top companies and supports with tables and figures
Market Definition: Global Fresh Food Packaging Market
Global fresh food packaging market has had an increase in demand due to the rise in better quality, packaged and labelled fresh food. This along with the growing awareness around the world about the environment and global warming, the packaging market is adopting eco-friendly means of packaging which has led to a significant rise in the demand for the industry
The primary aim of the global fresh food packaging market is the quality maintenance and eco-friendly packaging methods leading to a better environment and waste disposal system. It also makes sure that the industry standards are high and that the product inside is not tampered with in any way.
Key Questions Answered in Global Fresh Food Packaging Market Report:-
Our Report offers:-
What will the market growth rate, Overview and Analysis by Type of Global Fresh Food Packaging Market in 2026?
What are the key factors driving, Analysis by Applications and Countries Global Fresh Food Packaging Market?
What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Fresh Food Packaging Market?
Who are Opportunities, Risk and Driving Force of Global Fresh Food Packaging Market?
Who are the opportunities and threats faced by the vendors in Global Fresh Food Packaging Market?
Business Overview by Type, Applications, Gross Margin and Market Share
What are the Global Fresh Food Packaging Market opportunities, market risk and market overview of the Market?
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Top Key Players:
Amcor Limited,
Mondi,
Coveris,
Smurfit Kappa,
DuPont,
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,
Klöckner Pentaplast.
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
Key Developments in the Market:
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.
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Market Segmentations:
Global Fresh Food Packaging Market is segmented on the basis of
Package Material
Pack Type
Application
Geography
Market Segmentations in Details:
By Package Material
Polyethylene
Polypropylene
Paper
Aluminium
BOPET (biaxially-oriented polyethylene terephthalate)
Poly-vinyl Chloride
Others
By Pack Type
Flexible Pack
Converted Roll Stock
Gusseted Bags
Flexible Paper
Corrugated Box
Boxboard
Cans
Others
By Application
Meat & Meat Products
Vegetables
Seafood
Fruits
Others
By Geography
North America
US.
Canada,
Mexico
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Turkey
Belgium
Netherlands
Switzerland
Rest of Europe
Asia-Pacific
Japan
China
South Korea
India
Australia
Singapore
Thailand
Malaysia
Indonesia
Philippines
Rest of Asia Pacific
South America
Brazil
Rest of South America
Middle East & Africa
South Africa
Saudi Arabia
UAE
Rest of MEA
Competitive Analysis: Global Fresh Food Packaging Market
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.
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Contact:
Data Bridge Market Research
Tel: +1-888-387-2818
Email: corporatesales@databridgemarketresearch.com
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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