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Confectionery Wrappers Market Share 2021 Overview, Top Key Players, Demand, Industry Size, Growth Factor, Trends and Forecast to 2027 -Bemis Company Inc., Sonoco Products Company, Amcor Limited, Silgan Holdings Inc.
The Confectionery Wrappers Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.The Global Confectionery Wrappers Market Size is Projected to Reach at a CAGR of 10% during 2021-2027.
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Top Leading Companies:
Bemis Company Inc., Sonoco Products Company, Amcor Limited, Silgan Holdings Inc., Westrock co Inc., Aptar Group, Crown holdings Inc., Graphic Packaging International, Graham Packaging Company Inc.
Recent Developments
Sonoco has acquired 16 companies, including 6 in the last 5 years. A total of 5 acquisitions came from private equity firms. It has also divested 3 assets. Sonoco’s largest acquisition to date was in 2011, when it acquired Tegrant for $550M. Its largest disclosed sale occurred in 2016 when it sold Sonoco - Rigid Plastics Blow Molding Operations to Amcor for $280M. Sonoco has acquired in 9 different US states, and 4 countries. The Company’s most targeted sectors include packaging (82%) and building materials (7%).
Amcor has acquired 19 companies, including 7 in the last 5 years. A total of 1 acquisition came from private equity firms. It has also divested 4 assets. Amcor’s largest acquisition to date was in 2016 when it acquired Alusa S.A. for $435M. Its largest disclosed sale occurred in 2007 when it sold Amcor - European PET Business to La Seda de Barcelona SA for $479M. Amcor has acquired in 4 different US states, and 11 countries. The Company’s most targeted sectors include packaging (85%) and plastics (16%).
Confectionery Wrappers Market Segmentation by Type:
Cast polypropylene (CPP)
Polyethylene terephthalate (PET)
Biaxially oriented polypropylene (BOPP)
Polyethylene (PE)
Confectionery Wrappers Market Segmentation by Application:
Gum Cereal Bars
Chocolate Confectionary
Sugar Confectionary
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North America dominated the market:
North America dominated the market, accounting for a 30.9% share of the global revenue. Rising demand for premium chocolates and the development of confectionery will remain key driving factors in the industry. According to the Swiss Federal Customs Office, the U.S. was one of the top five importers of Swiss chocolates in 2016. Furthermore, chocolate is the most common gift in this region for major festivals including Christmas, Valentine’s Day, and Easter. As a gift item, the importance of packaging increased significantly to give the product a festive look.
Asia Pacific is projected to expand at the fastest CAGR. Rising purchasing power, along with rapid urbanization in the South Asian countries, is likely to fuel the industry growth in this region. On the other hand, the leading manufacturers of the chocolate industry are also expanding their business in this region. For instance, in October 2016, The Barry Callebaut Group, one of the leading manufacturers of chocolate and cocoa products, opened a manufacturing facility in Singapore. This will expand the production capability of the company and help it to serve this region better.
Regional Confectionery Wrappers Market (Regional Output, Demand & Forecast by Countries)
North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.
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Highlights of the Confectionery Wrappers Market Report:
Detailed overview of Confectionery Wrappers Market
Changing the Confectionery Wrappers market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected Confectionery Wrappers market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Confectionery Wrappers Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.
The research includes historic data from 2016 to 2021 and forecasts until 2027 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Finally, the Confectionery Wrappers Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Confectionery Wrappers industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.
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– Free Competitive analysis of any 5 key market players.
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