Press release
Produce Packaging Market to Reach USD 53.8 billion by 2031 | Size, Share & Industry Analysis by 2031
According to a new report published by Allied Market Research, titled, "Produce Packaging Market," The produce packaging market size was valued at $35.6 billion in 2021, and is estimated to reach $53.8 billion by 2031, growing at a CAGR of 4.1% from 2022 to 2031.Produce packaging includes various types of packaging materials such as plastic containers, cardboard boxes, bags and liners, trays, etc. Produce packaging has many advantages over fresh produce, including protection from physical damage, avoidance of contamination, labeling, improved shelf life, and reduced food waste.
๐๐๐ฉ ๐๐ฃ๐จ๐๐๐ ๐๐๐ค๐ค๐ฅ ๐ค๐ ๐ฉ๐๐ ๐ง๐๐ฅ๐ค๐ง๐ฉ, ๐ง๐๐ฆ๐ช๐๐จ๐ฉ ๐๐ค๐ง ๐จ๐๐ข๐ฅ๐ก๐:- https://www.alliedmarketresearch.com/request-sample/32226
๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐๐๐ป๐ฎ๐บ๐ถ๐ฐ๐
The global produce packaging market is anticipated to grow owing to the change in lifestyles and alternative eating habits. In addition, factors such as comfort and the use of high-performance materials such as plastic, paper and paperboard, and others support the produce packaging market growth. Moreover, improved shelf life and improved efficiency in preventing contamination of contents are expected to drive the growth of the market.
In addition, factors such as population growth, rise in disposable income, and decrease in number of households are having a positive impact on the growth of the produce packaging market.
๐๐๐ ๐ ๐ ๐๐ช๐ง๐๐๐๐จ๐ ๐๐ฃ๐ฆ๐ช๐๐ง๐ฎ:- https://www.alliedmarketresearch.com/purchase-enquiry/32226
๐๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐๐ฎ๐ป๐ฑ๐๐ฐ๐ฎ๐ฝ๐ฒ
Major players have adopted product launch, partnership, and acquisition as a key strategy to sustain the competition and improve the product portfolio. For instance, in February 2022, Sealed Air Corporation acquired Foxpak Flexibles Ltd. which is a privately owned Irish packaging solutions.The key players that operate in the produce packaging market are Amcor PLC, Berry Global, Inc., DS Smith Plc, Georgia Pacific LLC, International Paper Company, Mondi Group, Pactiv Evergreen Inc., Sealed Air Corporation, Smurfit Kappa Group PLC, Westrock Company.
๐ฅ๐ฒ๐ด๐ถ๐ผ๐ป๐ฎ๐น ๐ข๐๐๐น๐ผ๐ผ๐ธ
Asia-Pacific registered the highest share of the global produce packaging market share in 2021, owing to increased consumer disposable income, urbanization, and rise in consumption of fresh produce such as fruits and vegetables and others due to large population base.On the basis of region, Asia-Pacific registered the highest share of the global produce packaging market share in 2021, owing to increased consumer disposable income, urbanization, and rise in consumption of fresh produce such as fruits and vegetables and others due to large population base.
However, during the COVID-19 pandemic, various manufacturers in the produce packaging market had to stop their business in countries such as China, the U.S., and India. This break directly impacted the sales of produce packaging companies.
In addition, lack of manpower and raw materials also constricted supply of fresh produce, which negatively influenced the growth of the market. However, reopening of production facilities and introduction of vaccines for coronavirus disease are anticipated to lead to re-opening of produce packaging companies.
๐๐ค ๐๐ช๐ง๐๐๐๐จ๐ ๐ฉ๐๐๐จ ๐๐ง๐๐ข๐๐ช๐ข ๐๐๐ฅ๐ค๐ง๐ฉ: - https://www.alliedmarketresearch.com/checkout-final/ff9c678469a16b827eec5f2d84183593
๐๐ป๐ฎ๐น๐๐๐ ๐ฅ๐ฒ๐๐ถ๐ฒ๐ -
Various market players have adopted strategies, such as product launch, business expansion, acquisition, and agreement to expand its business and strengthen its market position. For instance, in June 2021 WestRock Company which is a leading provider of differentiated paper and packaging solutions launched EverGrow fiber-based produce packaging collection. As a result, such strategic moves are expected to provide lucrative growth opportunities in the global produce packaging market.
David Correa
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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