Press release
Retail Ready Packaging (RRP) Market Trends, Applications, Competitive Market & Forecast 2017-2024
Retail Ready Packaging (RRP) Market size was over 29 million tons in 2015 in terms of volume, and is likely to surpass 35 million tons by 2023, with estimated gains of more than 3.1% from 2016 to 2023.
Retail Ready Packaging (RRP) market size was valued at over USD 58 billion in 2015 and is expected to exceed USD 71 billion by 2023, growing at more than 3% CAGR from 2016 to 2023.
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Rapid growth in the retail industry owing to increase in consumer purchasing power in India and China is likely to positively drive the Asia Pacific retail packaging market. South Africa and Turkey are expected to witness significant growth owing to shift in purchasing habits and growing preference for supermarket among consumers.
Retail packaging or (RRP) Retail Ready Packaging is an innovative packaging approach that allows product to ready for sale or merchandising with nominal opening or setup. It also meets other advantages such as ease of opening and identifying products. RRP consists of both reusable transport packaging and recyclable single use packages.
Shrink-wrapped tray is an attractive segment for beverages product packaging, as it is a compressed packaging and also minimizes the breakage and spillage risk. Modified atmosphere cases have application in meat packaging as it preserves the food quality and increases shelf-life.
Reasons to Buy This Report :
Retail Ready Packaging Market size & forecast by product & application.
Growth drivers, pitfalls & industry challenges.
Retail Ready Packaging Market growth opportunities & emerging business models.
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Retail Ready Packaging Market Report Consists of,
1. Methodology and Scope
2. Executive Summary
3. Retail Ready Packaging Industry Insights
3.1 Industry segmentation
3.2. Industry size, forecast and growth expectations, 2012 - 2023
3.3. Industry ecosystem analysis
3.4. Raw material insights
3.5. Technology insights
3.6. Regulatory framework
3.7. Industry dynamics
3.8. Key growth opportunities
3.9. Porter's analysis
3.10. Company market share, 2015
3.11. PESTEL analysis
3.14. Regional price trends
4. Retail Ready Packaging Product Insights
5. Retail Ready Packaging Application Insights
6. Retail Ready Packaging Regional Insights
7. Competitor Profiles-
Retail ready packaging market share is comprised of Amcor, Mondi Group DS Smith, Smurfit Kappa Group, Creative Corrugated Designs, Caps Cases, ETT Verpackungstechnik, Industrial Packaging, i2i Europe, Linpac Packaging, Model Management, Mayr-Melnhof Karton, RFC Container Company, Polymer Logistics, and Robert Bosch.
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Stringent regulations on plastic packaging are likely to hamper global demand in the coming years. Higher packaging cost is anticipated to adversely impact retail packaging market price trend.
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