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Sealed Paper Packaging Market is driven by high demand for Innovative packaging Technologies

05-15-2017 02:20 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: TMR

Packaging has become a vital constituent of modern life due to the ease of transportation, storage and inclination of the consumer towards a wide usage of bags. Moreover, food products, health supplements and electronic components are some of the things that have witnessed improvements in terms of demand over the last few years and are more easily available due to an effective packaging solution. Instead of using polymer and plastic packaging material which can substantially harm the consumer environment and human health.

Manufacturers have developed a new type of sealed paper packaging products which can serve the purpose of packaging as well as meet various norms in order to contribute towards sustainability of earth. Sealed paper packaging has been able to meet the demand of packaging materials for dry products such as rice, sugar etc. With expansion in production of FMCG and other consumable items and subsequent urge for innovated packing material for such items will make the sealed paper packaging market to grow over the forecast period.

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Sealed Paper Packaging Market: Drivers & Restraints

The growth of global Sealed Paper Packaging market is driven by the demand for innovative packaging technologies from various end user industries to make their products more safe and appealing to consumers. The sealed paper packaging enables to pack dry products such as sugar, flour or grain into dust-tight, sustainable monomaterial-paper instead of polymer or plastic film. As a result due to usage of sealed paper packaging, retailers and consumers are now able to reap the benefit in form of clean shelves, high product protection and improved product quality. Huge mass of consumers did express their wish for packaging for consumable item such as sugar etc., in appropriate packaging material but without plastic and also which is easy to open. Sealed paper packaging bags are an excellent choice, plus it is beneficial regards to shelf-life, stability, printability and hygienic aspects. Fall in uses of plastic packaging materials and government bans on usage of plastic packaging is another strong factor which will help the sealed paper packaging market to grow.

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Sealed paper packaging market has been gaining pace owing to shift in consumer behavior as well as awareness about the advantage associated with paper packaging. There is no such possible restraint for sealed paper packaging market but however sealed paper packaging can only be utilized in packaging of dry food products but not for liquid items.

Sealed Paper Packaging Market: Regional Outlook

Based on the geographies, global Sealed Paper Packaging market is segmented into five key regions -- North America, Latin America, Western Europe, Eastern Europe, APEJ, Middle East & Africa, Japan. Among the aforementioned regions, North America accounts for significant share for Sealed Paper Packaging market, owing to the demand for innovated packaging materials for consumable goods across the country. Furthermore, North America packaging industry’s position in the global packaging market is bolstering growth for Sealed Paper Packaging in the region. Moreover the large chain of fast food industries and various other FMCG industry in country such as in U.S. & Canada in North America is acting as catalyst for the growth of sealed paper packaging market in North America. Western Europe market for sealed paper packaging is next to that of North America for similar trends, which is followed by APEJ and Middle East & Africa for sealed paper packaging market. Latin America market for sealed paper packaging market is anticipated to register a sluggish growth over the forecast period. Overall, the global sealed paper packaging market is anticipated to register a healthy growth rate by the end of forecast period.

Global Sealed Paper Packaging Market: Key Players

Some of the major players identified in the global Sealed Paper Packaging market include BillerudKorsnäs, Pack Plus Converting, Tyler Packaging Ltd and others

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Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends 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. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

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