Press release
Global Consumer Packaging Market Growth, Size, Report & Forecast to 2020-2026
The global consumer packaging market is anticipated to grow at a CAGR of 5.1% during the forecast period (2020-2026). Rising inclination towards sustainable packaging is contributing to the increasing innovations in the consumer packaging sector. Diageo plc, Unilever plc, Nestlé S.A., and the Coca Cola Co. are some major food and beverage and personal care companies that are replacing their product packaging with 100% recyclable packaging. For instance, in May 2020, Nestlé Waters launched its first 100% recycled plastic water bottle to reinforce its commitment to sustainability in Spain. The new 1-liter water bottle of Nestlé Aquarel has three attractive designs that include messages to encourage people for recycling.Get Free Sample Copy @ https://www.omrglobal.com/request-sample/consumer-packaging-market
The introduction of this new product is a part of the Nestlé Waters' commitment which includes that all bottles of mineral water, which are already 100% recyclable, will consist of a large percentage of recycled plastic. Therefore, it is the first bottle developed from 100% recycled Polyethylene terephthalate (PET) plastic and is launched in the Spanish market. The company declared that in the coming months, it will continue to widen the use of recycled plastic in other major formats in its portfolio. This, in turn, will encourage other firms to launch more eco-friendly and innovative packaging solutions for their products, and thereby will leverage the market growth. Other key factors driving the market growth include growth in end-user industries and the expansion of the e-commerce sector.
A Full Report of Global Consumer Packaging Market is Available at: https://www.omrglobal.com/industry-reports/consumer-packaging-market
Scope of the Global Consumer Packaging Market
Market Coverage
The market number available for 2019-2026
Base year- 2019
Forecast period- 2020-2026
Segment Covered- By Material and End-User
Regions Covered- North America, Europe, Asia-Pacific, and Rest of the World.
Competitive Landscape- Anheuser-Busch InBev, Heineken N.V., FIFCO USA, The Boston Beer Co., and Kirin Holdings Co., Ltd.
Key questions addressed by the report
What is the market growth rate?
Which segment/region dominates the market in the base year?
Which segment/region will project the fastest growth in the market?
How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from the pre-COVID forecast
o Most affected country/segment
Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?
Global Consumer Packaging Market-Segmentation
By Material
Plastic
Paper
Glass
Metal
By End-User
Food
Beverage
Healthcare
Personal Care and Cosmetics
Household Goods
Global Consumer Packaging Market– Segment by Region
North America
US
Canada
Europe
Germany
UK
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Latin America
The Middle East and Africa
Company Profiles
Ahlstrom-Munksjö Oyj
Alpha Packaging
Amcor plc
Ball Corp.
Berry Global Group, Inc.
Cardinal Health, Inc.
Coveris Holdings S.A.
Crown Holdings, Inc.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/consumer-packaging-market
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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