Packaging Materials Market 2020 Trends | Amcor, Ball Corporation, Crown Holdings, Mondi, Sealed Air, Stora Enso, WestRock, Bemis, DS Smith
The food sector is reported to be the largest growth ground for packaging materials industry, given that it accounted for USD 300 billion of the overall market size in 2016 and is expected to grow further in the ensuing years. This rapid growth can be attributed to the robust consumption of ready-to-eat meals, frozen raw meat products, dairy products, and canned sea-food. In consequence, this would have a major impact on the demand for flexible plastics.
Request sample copy of this research report @ https://www.decresearch.com/request-sample/detail/2482
According to the Research report, the global Packaging Materials Market was estimated at $ 900 billion in 2016 and is expected to hit $ 1.3 trillion by 2024. The report provides a detailed analysis of the market size & estimations, major investment pockets, top winning strategies, drivers & opportunities, competitive scenario, and wavering market trends.
Speaking of flexible plastics, it is prudent to mention the instance of Sappi Limited that recently introduced the Sappi Seal in packaging materials market. Incidentally, Sappi Seal, touted to be the second generation of this flexible packaging solution, has been designed to replace hot set laminates that are made from plastic with products containing a high ratio of renewable raw materials.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
o Ball Corporation
o Crown Holdings
o International Paper
o Reynolds Group
o Sealed Air
o Stora Enso
o Berry Plastics
o DS Smith
o Graphic Packaging
These solutions are gaining increasing traction as a standard flexible packaging material in the food industry and other sectors which comprise primary & secondary packaging such as sachets and flow wraps for toys & sweets. The aforesaid instance validates that global packaging materials market is witnessing a slew of technological advancements addressing sustainability and safety concerns.
Make an Inquiry for purchasing this Report @ https://www.decresearch.com/inquiry-before-buying/2482
Of late, plastic waste has been the growing environmental issue worldwide, thereby being a subject of strict regulatory compliance. Reliable reports claim that if the present situation continues, there will be over 12 billion metric tons of plastic in landfills by 2050. The mass production of plastics has accounted for a whopping 91% of plastic that isn't recycled and ends up as trash and litter.
Packaging Materials Market by Product
o Bottles & cans
o Containers & jars
o Bags, pouches & wraps
o Closures & lids
o Boxes & crates
o Drums & IBCs
Packaging Materials Market by End-user
o Food & beverage
o Automotive & transportation
o General manufacturing
In consequence of this threatening scenario, packaging materials market trends have been gathering considerable attention from leading industry players including the likes of Amcor, Ball Corporation, Sealed Air, Mondi and DuPont that are investing heavily in R&D activities to develop green and sustainable packaging materials. In a bid to develop innovative products these companies are collaborating with the technology providers to bring forth sustainable, creative, and green packaging solutions that are further likely to help retailers, packaged goods manufacturers, and food service providers drive sales and delight consumers.
Request for an in-depth table of contents for this report @ https://www.decresearch.com/toc/detail/packaging-materials-market
Speaking of the recent innovation trends in packaging materials industry, it is worthy to mention that Micro-Fibrillated Cellulose (MFC), a unique fiber extracted from plant waste, is being used liberally as a stronger yet lighter sustainable packaging material. It has been reported that adding as minimum as 1% of MFC to an existing substrate improves the packaging performance by 15% to 20%.
This material has even proved itself to be stronger & stiffer than glass or carbon fiber. Aqueous barrier coatings, Chill Buddy, Micro-patterned packaging materials, and Molded fiber printing technology are some of the other sustainable packaging materials industry trends to watch out for in the ensuing years.
Unrefutably, these emerging packaging trends though at its embryonic stage are certain to take the industry by storm more sooner than anticipated, courtesy the dynamic competitive landscape of packaging materials market that is faring determinedly along the Asia Pacific belts, Europe, and North America. These regions have become massive investment grounds for the industry players, given the extensive packaged products proliferation.
It is noteworthy to state that apart from core industry participants, several tech giants including Amazon, Dell, REI, Puma, and Colgate-Palmolive are betting big on sustainable packaging by introducing bamboo and other bio-based product categories. Thus, with sustainability credentials rolling ahead in full gusto, global packaging materials market is projected to tread along a lucrative growth path in the years ahead.
Toll Free: 1-888-689-0688
About DEC Research:
DecResearch.com, powered by Global Market Insights, is an online aggregator of information on market research reports. The website provides comprehensive information as well as a detailed 'Table of Contents' for reports being regularly published by GMI.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Packaging Materials Market 2020 Trends | Amcor, Ball Corporation, Crown Holdings, Mondi, Sealed Air, Stora Enso, WestRock, Bemis, DS Smith here
News-ID: 1999499 • Views: 435
More Releases from Global Market Insights,Inc.
Glutathione Market overview by 2025| Kyowa Hakko Bio Co. Ltd.,, Shandong Jinchen …
Glutathione market has been expanding due to the oxidative stress reducing properties of glutathione that have found widespread application in the context of rising stress levels. Glutathione supplements in diet have witnessed demand due to their nutritional benefits and accredited for boosting glutathione industry size. According to the reliable reports, by 2020, chronic diseases will account for almost three-quarters of all deaths globally. Out of these 71% of deaths will
Latest Trends In Material Handling Equipment Market; Key Players Siemens, Vander …
The size of Material Handling Equipment Market was registered at USD 140 billion in the year 2018 and is anticipated to cross USD 200 billion by 2025. Between the period 2019 -2025, the Material Handling Equipment Market is expected to register a CAGR of 6%. Improving industrial sector and enhancing productivity in developing economies will drive market growth over the forecast timespan. Request for a sample copy of this report @ https://www.decresearch.com/request-sample/detail/1384
Crane Market Statistics 2025 | Terex Corporation, , Komatsu Ltd., XCMG Group, Li …
According to a new research report, Crane Market is expected to exceed USD 28 billion by 2025. The increasing construction spending and the emergence of new public & private infrastructures across the globe are driving the crane market growth at a rapid pace. High rise in urbanization activities and shift of the rural population to urban areas are adding to the demand for these machines. Recent developments in the residential
Material Handling Equipment Market to cross $200 Bn by 2025 | Siemens, Vanderlan …
The size of Material Handling Equipment Market was registered at USD 140 billion in the year 2018 and is anticipated to cross USD 200 billion by 2025. Between the period 2019 -2025, the Material Handling Equipment Market is expected to register a CAGR of 6%. Improving industrial sector and enhancing productivity in developing economies will drive market growth over the forecast timespan. Request for a sample copy of this report @
More Releases for Packaging
Personalized Packaging Market 2025 | Design Packaging, Inc., PrimeLine Packaging …
As per the new market report published by Research Report Insights titled ‘Personalized Packaging Market’: Global Industry Analysis and Forecast 2017-2025’, global personalized packaging market attained a value worth US$ 25,577.9 Mn in 2017 and will possibly thrive at a promising CAGR of 5.1% over the forecast period (2017-2025). The global personalized packaging market has witnessed solid growth during the past few decades, owing to the increasing trend of luxury
Flexible Green Packaging Market Report 2018: Segmentation by Product (Reusable P …
Global Flexible Green Packaging market research report provides company profile for Tetra Laval, Wipak Group, Clondalkin Group Holdings, Ukrplastic, Ampac Holdings, Reynolds Group, Amcor, Sealed Air, Mondi, DuPont and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018
Intravenous Product Packaging Market -
Global healthcare sector continues to develop at an impressive rate. As a result, packaging marketplace is undergoing huge changes with specialized focus on offering innovative packaging tools/products to pharmaceutical industry. One such core product that offers lucrative market opportunities for packaging companies is intravenous products. Download PDF Brochure For Future Advancements@ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=14075 Intravenous product such as catheters and IV fluid bags are mainly used to prevent and treat various chronic illness
2018-2021 Honeycomb Packaging : Global Packaging Market
Press Release - 08 May2018 Global Research and Development News -- . . "Global Honeycomb Packaging Market 2017-2021" with coming years Industries Trends, projections of Global Growth, Major key player and Case study, Review, Share, Size, Effect. ' ' Honeycomb packaging is a type of protective packaging used for protecting products during transportation and handling. This packaging is generally made from either plastic or paperboard. Honeycomb packaging can be used as edge protectors, die-cuts,
Global Wine Packaging Sales Market 2017 Key Players - Pionner Packaging, Nashvil …
In this report, the global Wine Packaging market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report split global into several key Regions, with sales (K Units), revenue (Million USD), market share and growth rate of Wine Packaging for these regions, from 2012 to 2022 (forecast),
Food Packaging Materials Manufacturers | Flexible Packaging | Suppliers
Find here Food Packaging Materials, Manufacturers and Food Packaging Suppliers. Shrinath Rotopack is India's largest global flexible Packaging company. They Manufacture Bags such as Coffee Bags, Ziplock Bags, Stand up Pouches and Assorted Bags. Shrinath Rotopack Private Limited is the Shree Group’s flagship company based in Hyderabad, India. With an experience of over two decades in the plastic industry and with the growing demand in the Indian market for flexible