Press release
Food & Drink Packaging Market 2021 Explosive Factors of Revenue by Industry Statistics, Size, Demands, Trends, Opportunity, Share and Forecast To 2027 | Tera Pak, Ball Corporation, PARKSONS Packaging Limited, CROWN PACKAGING CORP, Bemis Company, Amcor
During the projected period of 2021-2027, the "Food & Drink Packaging Market" research describes in-depth the demand and consumption of numerous products/services connected to market growth dynamics. In terms of quantity, a complete market assessment of the numerous opportunities in the market segment is made. The Food & Drink Packaging market is covered several areas, including constraints, problems, and opportunities, as well as geographical considerations. Customers will benefit from this study because it provides historical and statistically significant data, making it both helpful and instructional.In accordance with the Food & Drink Packaging market is set to grow at a CAGR of 29.98% over the forecast period (2021-2027).
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Market Overview:
Food and drink packaging gives tampering resistance, protection, along with particular biological, chemical, and physical needs for the food and drink. Moreover, food packaging helps reliable and quick food distribution, and food nutrition, coupled with decreased post-harvest loss. There has been surging demand for microwave meals, ready-to-cook foods, for people engrossed in a busy lifestyle. Surging demand regarding bottled water, tea, and aerated soft drinks is pumping the demand in the global food and drink packaging market.
Top Key players operating in the global Food & Drink Packaging market are:
Tera Pak, Ball Corporation, PARKSONS Packaging Limited, CROWN PACKAGING CORP, Bemis Company, Amcor, Sealed Air Corporation, Sonoco Products Company, Ukrplastic, Wipak Group, Constantia Flexibles International GmbH, Flextrus AB, Huhtamaki, Mondi Group, WestRock
Recent Developments
In December 2020, Amcor Group GmbH partnered with Nutrea to offer its rupro protein juice in a newly developed hot-fill Polyethylene Terephthalate (PET) bottle
Sealed Air has acquired 17 companies, including 7 in the last 5 years. A total of 1 acquisition came from private equity firms. It has also divested 5 assets. Sealed Air’s largest acquisition to date was in 2011 when it acquired Diversey for $4.3B. Its largest disclosed sale occurred in 2017 when it sold Diversey to Bain Capital Private Equity for $3.2B. Sealed Air has acquired in 7 different US states, and 10 countries. The Company’s most targeted sectors include packaging (42%) and chemicals (12%).
Huhtamaki has acquired 14 companies of its own, including 3 in the last 5 years. A total of 2 acquisitions came from private equity firms. It has also divested 3 assets. Huhtamaki’s largest acquisition to date was in 2015 when it acquired Positive Packaging Industries for $336M. Huhtamaki has acquired in 4 different US states, and 8 countries. The Company’s most targeted sectors include packaging (100%).
Major Food & Drink Packaging Market Types covered are:
Paper & Board
Plastic
Glass
Metal
Major Food & Drink Packaging Market Applications covered are:
Food
Drink
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Regional Analysis of Global Food & Drink Packaging market:
The Food & Drink Packaging Market research gives an in-depth analysis of market growth and other factors in key nations (regions), including:
North America (the United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of the Middle East & Africa)
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Table of Contents: Food & Drink Packaging Market
- Chapter 1: outline of Food & Drink Packaging marketplace
- Chapter 2: worldwide market reputation and forecast through areas
- Chapter 3: worldwide marketplace popularity and forecast by using types
- Chapter 4: worldwide marketplace repute and forecast by using Downstream enterprise
- Chapter 5: marketplace riding issue evaluation
- Chapter 6: market opposition reputation by major producers
- Chapter 7: essential producers Presentation and market data
- Chapter 8: Upstream and Downstream marketplace investigation
- Chapter 9: Fetched and net part investigation
- Chapter 10: advertising reputation research
- Chapter 11: marketplace file end
- Chapter 12: research technique and Reference
Impact of COVID-19 on the Food & Drink Packaging Market:
The upward push of COVID-19 has moderated showcase improvement; anyhow, the market is constantly selecting up-tempo due to growing lockdowns. The sudden increment in CAGR is thanks to the request and extension of this marketplace, which is functionality to return to pre-pandemic ranges once the large, is gone.
Customization Available: Global Food & Drink Packaging Market
The Global Food & Drink Packaging Market report may be modified to meet your specific business needs. because we recognize what our customers want, we provide 25% customization for any of our MID reports at no extra value to all of our customers.
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