What is the projected market size & growth rate of the Heat Seal Bowls Packaging Market?

Dynamics changes in the pattern of consumption of food have been observed across the globe over the last decade. There has been an extraordinary growth in consumption of ready-to-cook processed food products owing to upgraded living standard and rising dual income level. Food product contamination due to compromised packaging and seal closures during storage and shipping have emerged as a major challenge across the globe. Heat seal bowls have emerged as packaging solution carrying all the features required for safe storage and transportation of food products. Heat seal bowl makes use of conduction mode of heat transfer to seal the bowls. Heat seal bowl is an economical packaging solution compared to other which are readily available in the market. Heat seal bowls are widely employed in food & beverages and pharmaceutical industries.

Heat Seal Bowls Packaging Market: Drivers & Restraints

Heat seal bowls packaging market is driven by the demand for reliable sealing the bowls to curtail the leakage issues that happens due to ineffective sealing in the bowl packaging. Heat seal bowls packaging have gained momentum owing to increased consumption of packaged food in developed as well as developing economies. Also, Rise in urbanization, increase in disposable income, the growth in working-class population, etc. are some of the other factors that drive the growth of heat seal bowls packaging market. Moreover, Heat seal bowls packaging is ovenable/microwaveable in nature, and thus forms a convenient source of cooking food among the consumers. Hence the demand of heat seal bowls for food packaging have seen blistering growth over the years.  However, Constant fluctuations concerning raw materials prices, used in the production of heat seal bowl thus hinder the growth of global heat seal bowls packaging market.

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Heat Seal Bowls Packaging Market: Segmentation

The global heat seal bowls packaging market is segmented as follows

On the basis of material used, the global heat seal bowls packaging market is segmented into:

Polyethylene (PE)
polyvinylchloride (PVC)
Polypropylene (PP)
Polyethylene Terephthalate (PET)
Polycarbonate (PC)
Polystyrene (PS)
Others

On the basis of application, the global heat seal bowls packaging market is segmented into:

Food & Beverages
Fruit / Vegetables
Meals ready-to-eat (MRE)
Sea food
Pasta
Soups
Pharmaceuticals
Others
Heat Seal Bowls Packaging Market: Segmentation Overview

The demand for heat seal bowls in food and beverages packaging has seen significant growth over the last decade at both customer end as well as manufacturer end. Revenue contribution from the bowls made of transparent PET material, an environmentally packaging solution is expected to fuel the growth of the global heat seal bowls market to a significant extent during the forecast period.

Heat Seal Bowls Packaging Market: Regional Overview

Geographically, the global heat seal bowls packaging market is segmented into seven regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and the Middle East and Africa (MEA).

Compared to other regions, Asia-Pacific region particularly the developing economies like India & China are likely to witness enormous growth opportunities owing to increase in food and beverages sector. Also, factors such as increase in consumption of ready-to-eat food is likely to propel further the demand of the heat seal bowls packaging in this region throughout the forecast period. North America and European markets have achieved maturity level in terms of food & beverages sector and thus the heat seal bowls packaging market is projected to grow at moderate CAGR over the forecast period. Also, Middle-East & African region is estimated to witness a positive growth in heat seal bowls packaging market owing to increase in demand of package food. Overall, Global heat seal bowls packaging market is estimated to see a healthy rate of growth over the forecast period.

Heat Seal Bowls Packaging Market: Key Players

Some key players that currently operate in heat seal bowls packaging market across the globe are Silgan Holdings Inc., Packaging Pro Australia., Placon Corporation., and Others

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