Press release
Europe Dietary Supplement Packaging Market 2021 Status and Growth Outlook - Alpha Packaging, Gerresheimer AG, Law Print & Packaging Management Ltd., Moulded Packaging Solutions Limited
The Europe Dietary Supplement Packaging Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.The European dietary supplement packaging market is expected to reach a CAGR of 6.5% during the forecast period (2020 - 2025).
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Top Leading Companies of Europe Dietary Supplement Packaging Market are Alpha Packaging, Gerresheimer AG, Law Print & Packaging Management Ltd., Moulded Packaging Solutions Limited, OPM (labels and packaging) Group Ltd, Novio Packaging B.V., Graham Packaging Company and others.
Industry News and Updates
In Dec 2019 - Gerresheimer AG opened a new plant for the production of pharmaceutical primary plastic packaging in China.
In August 2019 - Graham Packaging, a leader in the design and manufacturing of innovative and sustainable packaging solutions received the 2019 Sustainability Award from the Business Intelligence Group in the sustainability leadership (Organization) category.
Key Market Trends
Glass Material to Drive the Market Growth
- Factors such as GDP growth, high disposable income, ease of availability, improvement in living standards, wide variety, and domestic and international players in the market are fueling the glass packaging in the region. For example, according to trading economics, consumer spending in Germany increased to EUR 428.5 billion in the last quarter of 2019, from EUR 419.9 billion in the last quarter of 2018.
- The demonization of plastic packaging and the increasing push for sustainability, along with the long-established infrastructure for recycling, have created a renewed push for glass bottles across the region. Moreover, the glass manufacturers have been key players in the re-use and recycling system of Germany. Gerresheimer, for instance, began producing glass with a higher proportion of recycled glass at the Tettau site in Germany. Many leading players, like Gerresheimer, are driving circularity and resource savings every day.
- According to The Federal Association of the German Glass Industry, ten big glass producers in Germany generate around 20% of the total glass industry revenue. Few big international glassmakers are presently dominating the market and are more interested in producing only one specific type of bottle. Also, the trend of customization is growing in the region, with demand for bespoke glass bottles increasing.
Regional Outlook of Europe Dietary Supplement Packaging Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.
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https://www.marketinsightsreports.com/reports/10192356040/europe-dietary-supplement-packaging-market-growth-trends-and-forecasts-2020-2025?Mode=IXXV
What Are The Market Factors That Are Explained In The Report?
Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
Analytical Tools: The Europe Dietary Supplement Packaging Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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