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Skin Packaging Market is estimated to reach USD XX billion by 2028: Major Companies Sealed Air Corporation, Bemis Company Inc., Dow DuPont Inc., Westrock Company

02-17-2020 02:54 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: QUINCE MARKET INSIGHTS

Skin Packaging Market

Skin Packaging Market

The report on Skin Packaging Market by QMI aims to provide a thorough overview of various growth dynamics, including key drivers and limiting factors, customer or end-user patterns, and new avenues. The analysis includes statistics related to the revenue shares of key regions in the global market for Skin Packaging and factors affecting the growth of market during the forecast period.

The Skin Packaging Market is projected to register high demand during the forecast period with increasing demand from major end-use industries such as Food & Agriculture, Consumer Goods & Electronics, Pharmaceuticals, Industrial Goods, and Others during the forecast period. The demand for skin packaging has been rising in line with growth in the food and packaging industries. Increasing production in the meat industry and the increasing trend of convenience foods illustrate the need for skin packaging, which can improve the product's shelf life and protect the product from contamination.

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Skin packaging is a type of protective packaging which is used to cover food products and other materials to protect against external environment. These include humidity, temperature, dust, and others. Rising people's disposable income, rapid urbanization and changing habits are likely to drive demand for packaged goods. That will further fuel the skin packaging demand over the next five years.
Some of the key Impact Factors:

o Improved material storage of food & other perishable goods
o Increasing regulations and certifications on food grades materials
o Rapid urbanization in emerging economies

Segment Analysis:

Skin Packaging Market is segmented based on material, technology, end user and region. Skin packaging materials include polyethylene, PVC, PET, ionomer, paper & paperboard, and others. Skin packaging can be made using two main technologies, namely skin thermoforming, vacuum skin packaging. During the forecast period the skin packaging market is expected to show high growth with rising material handling activities for food and other perishable goods. Among industrial products skin covering is also used to prevent environmental contamination. Major skin packaging markets include food & farming, consumer goods & electronics, pharmaceuticals, industrial goods and more.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. Sealed Air Corporation
2. Bemis Company Inc.
3. Dow DuPont Inc.
4. Westrock Company
5. Berry Plastics Group Inc.
6. Display Pack Inc

Regional Analysis:

The Asia-Pacific area accounted for nearly 35 per cent of total value market share, led by Europe and North America. The skin packaging market is expected to rise at a higher rate in developing countries such as China and India from 2015 through 2020.Due to its strong economic growth, along with increased food consumption and rapid urbanization, China is expected to grow faster than any other country.

During the forecast period, North America, Western Europe, and Asia Pacific are expected to be important regions for the skin packaging industry. The high growth of supply chain activities to cater for various industries and the production of packaging solutions are crucial to the growth of this region's skin packaging industry. Besides this development of cold chain systems to cater for perishable goods and government regulations on packaging waste disposal, demand for the skin packaging market in this region is also governed. In these areas, major industries are projected to be food & agriculture, consumer goods & electronics, pharmaceuticals, industrial goods and so on.

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Market Segmentation:

By Material:

Polyethylene
PVC
PET
Ionomer
Paper & Paperboard
By Technology:

Thermoforming Skin Packaging
Vacuum Skin Packaging
By End-Use Industry:

Food & Agriculture
Consumer Goods & Electronics
Pharmaceuticals
Industrial Goods
Others
By Region:

North America
By Country (US, Canada, Mexico)
By Material
By Technology
By End-Use Industry
Western Europe
By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
By Material
By Technology
By End-Use Industry
Eastern Europe
By Country (Russia, Turkey, Rest of Eastern Europe)
By Material
By Technology
By End-Use Industry
Asia Pacific
By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
By Material
By Technology
By End-Use Industry
Middle East
By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
By Material
By Technology
By End-Use Industry
Rest of the World
By Region (South America, Africa)
By Material
By Technology
By End-Use Industry

Contact:
Quince Market Insights
Ajay D. (Knowledge Partner)
Office No- A109
Pune, Maharashtra 411028
Phone: +91 - 9850603687 / 7972869557
Email: sales@quincemarketinsights.com
Web: www.quincemarketinsights.com

ABOUT US:
QMI has the most comprehensive collection of market research products and services available on the web. We deliver reports from virtually all major publications and refresh our list regularly to provide you with immediate online access to the world's most extensive and up-to-date archive of professional insights into global markets, companies, goods, and patterns.

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