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Fresh Food Packaging Market Competitive Landscape, Regional Outlook and Driving Factors Analysis 2019-26 | WestRock company, Sealed air corporation, Smurfit kappa, Coveris, Dupont, DS Smith PLC, Silgan Holdings Inc.

05-05-2020 12:02 PM CET | Business, Economy, Finances, Banking & Insurance

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Fresh Food Packaging Market

Fresh Food Packaging Market

Market Study Report adds Global Fresh Food Packaging market report that gives meticulous investigation of current scenario of the market size, share, demand, growth, trends, companies active in the industry and forecasts for the coming years.

Global Fresh Food Packaging Market is valued approximately at USD 77.20 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 3.5% over the forecast period 2019-2026. Fresh food packaging is referred as packaging technique which prevent food from a change of state or contamination from physical, chemical, and biological sources.

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The regional analysis of global Fresh Food Packaging market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the rapid growth in demand for ready meals in the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2026. Factors such as rise in per capita income of the people and stringent government regulation regarding standardized packaging of foods is expected to create lucrative growth prospects for the Fresh Food Packaging market across Asia-Pacific region.

In Addition, innovative packaging solutions for the extended shelf life of fresh food items is the factor driving the market growth over the forecast years. However, stringent government rules and regulations regarding the raw material used for packaging is the factor hampering the growth of market over the forecast years.

For instance: as per Statista, revenue in the Ready Meals segment amounts to USD 240,722 million in 2020 and expected to increase with 3.9% till 2023. Also, average per capita consumption of ready meals is stands at 5.4 kg in 2020. Thus, rapid growth in ready meals across the globe and growth in demand of ready to eat foods is expected to propel the growth of market over the forecast years.

Therefore, due to such benefits of fresh food packaging of food demand for ready to eat foods are growing across the globe that is driving the market growth over the forecast years.
The fresh food packaging enables longer storage of the product. It is affordable, convenient, and sustainable packaging materials, such as PET, paper, aluminum, and polyvinyl chloride that is experiencing increasing demand from customers, which, in turn, is increasing the packaging rate of poultry and meat products, fruits and vegetables, and dairy products.

Major market player included in this report are:
o Amcor PLC
o International paper company
o WestRock company
o Sealed air corporation
o Smurfit kappa
o Coveris
o Dupont
o DS Smith PLC
o Mondi PLC
o Silgan Holdings Inc.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Material:
o Polyethylene (PE)
o Polypropylene (PP)
o Paper
o Aluminium
o BOPET
o Poly-Vinyl Chloride (PVC)
o Others

By Package Type:
o Converted Roll Stock
o Gusseted Bags
o Flexible Paper
o Corrugated Box
o Boxboard
o Cans
o Others

By Application:
o Meat Production
o Vegetables
o Sea Food
o Fruits
o Others

By Region:
o North America
o U.S.
o Canada
o Europe
o UK
o Germany
o Asia Pacific
o China
o India
o Japan
o Latin America
o Brazil
o Mexico
o Rest of the World

Furthermore, years considered for the study are as follows:
o Historical year - 2016, 2017, 2018
o Base year - 2019
o Forecast period - 2020 to 2026

Target Audience of the Global Fresh Food Packaging Market in Market Study:
o Key Consulting Companies & Advisors
o Large, medium-sized, and small enterprises
o Venture capitalists
o Value-Added Resellers (VARs)
o Third-party knowledge providers
o Investment bankers
o Investors

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Table of Content:
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2026 (USD Billion)
1.2.1. Fresh Food Packaging Market, by Region, 2018-2026 (USD Billion)
1.2.2. Fresh Food Packaging Market, by Material, 2018-2026 (USD Billion)
1.2.3. Fresh Food Packaging Market, by Package Type, 2018-2026 (USD Billion)
1.2.4. Fresh Food Packaging Market, by Application, 2018-2026 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Fresh Food Packaging Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Fresh Food Packaging Market Dynamics
3.1. Fresh Food Packaging Market Impact Analysis (2018-2026)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Fresh Food Packaging Market Industry Analysis
4.1. Porter's 5 Force Model
4.1.1. Bargaining Power of Suppliers

Related Report:
Global Fresh Sea Food Packaging Market Growth 2019-2024

Fresh Sea Food Packaging is widely used for Fish Packaging, Shrimp Packaging and Other Seafood Packaging. In 2016, Fresh Sea Food Packaging for Fish Packaging occupies 82.17% of total amount. As the demand increases rapidly with higher spending propensity and the heightened importance on personal appearance and grooming, the increased consumption of downstream industries is expected to continue during the remaining years of the forecast period of 2017-2022. Fresh Sea Food Packaging industry will usher in a stable growth space.

https://www.marketstudyreport.com/reports/global-fresh-sea-food-packaging-market-growth-2019-2024?utm_source=openpr.com/&utm_medium=VSD

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