Press release
PS Containers Industry moving ahead with a CAGR of 8% during the forecast period 2022-2032
Survey Conducted by Future Market Insights (FMI), a Leading Market Research and Competitive Intelligence Provider Offers Insights into Vital Dynamics Facilitating the Growth in the Global PS Containers Market over the Assessment Period 2022-2032.
A detailed study on PS containers market by FMI provides riveting insights into key dynamics, such as drivers and opportunities, facilitating the growth in the market. It uncovers challenges posing threats and highlights prospects for growth in the near future.
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As per the comprehensive analysis conducted by ESOMAR-certified consulting firm, FMI, the global PS containers market is expected to grow at a healthy CAGR during the forecast period (2022-2032). The objective of the study is to analyze key market dynamics and uncover critical trends & opportunities that will elevate the sales PS containers in the coming 10-years.
PS containers are manufactured from finest quality foamed polystyrene which can turn into a multitude of shapes and configurations. PS Containers have excellent insulation properties and good thermal resistance making them highly suitable for packaging of both hot and cold foods.
Hot food packed in PS containers will stay warm and cold food will stay cold for a longer time. Hence, PS containers are widely used in the foodservice industry. PS containers are accessible in various product types such as bottles, jars, plates & bowls, trays, blisters & clamshell, and others.
Key PS Containers Market Takeaways and Projections
The U.S. is expected to lead the North america PS containers market, projecting the fastest growth in the region between 2022 and 2032.
Germany and the U.K. are expected to, collectively, hold the largest share in the Europe market over the assessment period.
China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
India is expected to emerge as a highly remunerative market in South Asia, contributing the significant revenue share in the region through 2032.
Competitive Landscape Analysis
The market survey conducted by FMI offers key trends and challenges in the packaging industry and its consequent impact of PS containers market. The survey provides a thorough market share analysis to offer an in-depth analysis of prevailing competition.
It also provides a list of leading players and recent development in the global PS containers market. Some of the prominent market players are Tray-Pak Corporation, Alpha Packaging, Genpak, LLC, Sabert Corporation, Tecnowerk Plast SRL, Takween Advanced Industries, Alpha Packaging, TYH CONTAINER Enterprise Co., Ltd., Tekni-Plex, Dart Container Corporation.
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Key Segments Profiled in the PS Containers Market Survey
By Product:
Bottles
Jars
Plates & Bowls
Trays
Blisters & Clamshell
Others
By Application:
Food
Bakery & Confectionery
Deli
Produce
Foodservice
Frozen Food
Medical
Medical Device
Pharmaceuticals
Electricals & Electronics
Cosmetics & Personal care
Consumer Goods
Others
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About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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