Retail Ready Packaging Market (USD 90 Bn) Insights 2020- Global COVID-19 Impact Analysis, Size, Share, Overview by Revenue, Competitive Landscape, Key Regions and Forecast to 2025 | Mondi Group, Smurfit Kappa Group, DS Smith PLC, Weedon Group, Internation

The retail ready packaging market was valued at USD 63.9 billion in 2019 and is expected to reach USD 90.9 billion by 2025, at a CAGR of 4.35% over the forecast period 2020- 2025.

RRP is not just a trend among consumer goods brands, it is increasingly becoming a requirement for many brick-and-mortar retailers. Also known as shelf-ready packaging, RRP refers to packaging that arrives at a retailer in a self-contained unit.

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Retail-ready packaging (RRP) refers to the secondary packaging of retail products to go directly onto the shelf, without the need to unpack inner contents. Type of packages such as Die-Cut Display Containers, Corrugated Cardboard Boxes, Shrink Wrapped Trays, Modified Cases and Plastic Containers ae considered under the scope of the report.

Market By Top Companies:

Mondi Group, Smurfit Kappa Group, DS Smith PLC, Weedon Group, International Paper Company, Cardboard Box Comapany, STI Group, Caps Cases Limited, Vanguard Packaging Incorporated, WestRock Company

Industry Research Coverage

Die-cut Display Container to Hold Significant Share

- One of the important factors contributing towards the growth of the global die-cut display container market is the rampant evolution in the retail sector. Die-cut display container is considered as a modern retail packaging solution and is expected to develop along with the progression of hypermarket and supermarket.
- Manufacturer and retailers are gaining huge traction towards die cut display container as it help to reduce cost in terms of providing safety to the product due to re-usable feature which essentially drive the growth of the global die cut display container market.
- Adding to this, the increasing disposable income among the middle class income group, face paced lifestyle and increasing consumption of packaged food is expected to drive the growth of the retail ready packaging market which is relatively the high contributing factor towards the growth of the global die cut display container market.

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Competitive Landscape

- June 2019 : DS Smith PLC introduced a new line of loop ready packaging. It is intended to be more robust and to be used multiple times before its recycled. They are designed to deliver a zero-waste option for many of retailers� most popular products while maintaining affordability, improving convenience and closing the loop to ensure a circular life cycle.
- September 2018 : Smurfit Kappa announced the launch of its new Shelf Facer technology, featuring in-built merchandising to boost on-shelf presence. Shelf Facer is a shelf-ready pack designed to boost product sales and raise brand awareness in-store.

Major points covered in this research are:-  

─Retail Ready Packaging Market Overview, Segment by Type (Product Category), by Application, by Region (2020-2023), Competition by Manufacturers

─Global Market Size (Value) of Retail Ready Packaging (2020-2023)

─Global Retail Ready Packaging Capacity, Production, Revenue (Value), Supply (Production), Consumption, Export, Import by Region (2020-2023)

─Global Retail Ready Packaging Production, Revenue (Value), Price Trend by Type

─Global Retail Ready Packaging Market Analysis by Application

─Global Retail Ready Packaging Manufacturers Profiles/Analysis

─Retail Ready Packaging Manufacturing Cost Analysis

─Industrial Chain, Sourcing Strategy and Downstream Buyers

─Marketing Strategy Analysis, Distributors/Traders

─Market Effect Factors Analysis

─Global Retail Ready Packaging Market Forecast (2020-2023)

─Competitive Landscape

─Research Findings and Conclusion

Finally, this Retail Ready Packaging report covers the market scenario and its development prospects over the coming years. Report likewise manages the type analysis, contrasting it with the significant application, recent Retail Ready Packaging product development and gives an outline of the potential Global market.

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This release was published on openPR.