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Chub Packaging Market Show High Growth Due to the Drivers Supporting the Upward Growth of Global Food Packaging Industry

04-11-2017 08:00 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: TMR - Packaging

Chub Packaging Market Show High Growth Due to the Drivers

Global Chub Packaging - Market Overview:

Chub packaging market encompasses packaging solutions made of various polymers including polyethylene (PE), polyvinylidene chloride (PVDC) and polyethylene terephthalate (PET) which have high barrier and flexibility properties. Chub packaging has applications into packaging of various ground meat products including beef, pork, chicken, salami, etc. Products such as pet food, bread dough and processed cheese are also packed using chub packaging.

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Due to growing awareness among consumers regarding the role of packaging in food safety, chub packaging have evolved as a key factor supporting the upsurge in ground beef consumption. Ground beef consumption has witnessed rapid increment owing to several reasons such as easy option for a quick meal, price differentiation between beef cut options, short preparation times, source of protein rich meal, etc.

Chub packaging manufacturers provide packaging solutions that are characterized by smoother packaging for slippage, consistent packaging material for wide temperature range and films that are resistant to puncture. Chub packaging comprises of co-extruded multi-layer barrier films which have transparent, white or printed surface. The films are engineered to deliver high performance storage of ground meat with the objective of extending shelf-life. Packaging film manufacturers support the demand by continually integrating technology into packaging materials. Chub packaging helps to control respirational functionality of the packaging and maintain equilibrium between the temperature of the product packed within and the atmospheric temperature outside. Chub packages are impenetrable to oxygen, which gives the product an extended shelf-life. Chub packaging market is expected to witness significant growth over the forecast period, 2016–2024.

Global Chub Packaging - Market Dynamics:

Chub packaging market is anticipated to evolve positively due to the drivers supporting the upward growth of global food packaging industry. Significant changes in the lifestyle of population in the emerging economies has triggered the growth for chub packaging market. Chub packaging not only costs less as compared to tray packaging but is also less expensive to transport through the supply chain. Moreover, chub packaging owing to lightweight and source reduced nature are considered to be a sustainable packaging option. Furthermore, it was observed that the increase in per capita disposable income of emerging countries across the globe are some of the key drivers for the dynamic growth of chub packaging market.

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Global Chub Packaging - Market Segmentation:

The global chub packaging market is segmented on the basis of application and material type.

Segmentation for Chub packaging on the basis of application:

Ground Meat (beef, pork, chicken or sausage, salami)
Pet Food
Cookie and Bread Dough
Processed Cheese

Segmentation for Chub packaging on the basis of material type:

Polyethylene (PE)
High barrier polyvinylidene chloride (PVDC)
Polyethylene terephthalate
Multilayer nylon
Other

Global Chub Packaging Market – Regional Overview:

The global Chub packaging market is segmented on the basis of region such as:

North America
Latin America
Eastern Europe
Western Europe
APEJ
Middle East & Africa
Japan

Owing to high consumption of meat products such as beef, pork and salami the chub packaging market in the North America region is expected to dominate the global chub packaging market. The North American chub packaging market is also anticipated to witness technological development. Latin America is also expected to maintain growing presence in the global chub packaging market. Countries such as the UK, Germany, Italy and France are the top markets for chub packaging. Chub packaging market in China and India is expected to dominate the global chub packaging market due to a substantial increase in the growth of retail sector.

Global Chub Packaging Market – Key Players:

Key players operating in the Chub packaging market are Cargill, Incorporated, Plastopil Hazorea Co. Ltd., Sealed Air Corporation, R.A Jones Group Ltd, Bemis Company, Inc., Berry Plastics Corporation, Coveris Holdings SA, Kendall Packaging Corporation., Henry & Sons and Qingdao Haide Packaging Co., Ltd.

About TMR

TMR is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

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