Press release
Global Multipack Packaging Market Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024
The retail segment has witnessed a paradigm shift in the last decade or so, with organized trade dominating the overall landscape. As supermarkets and hypermarkets have mushroomed, focus on creating aesthetically-pleasing and highly functional packaging has witnessed an uptick.
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Multipack packaging, a highly effective packaging technique, has gained traction among manufacturers, owing to increasing emphasis on grabbing that ever-elusive consumer attention.
While evolution of modern trade is one of the key drivers for the global multipack packaging market, a number of factors massively influence the growth of the market. Consumers who frequent modern retail stores are the main targets buyers for this technology. Modern trade is a good podium for multipack packaging which needs visual display to impact customer and grab their attention.
Some products have complex packaging design which poses challenges for manufacturers to multipack their products. Transportation of large size packaging as well as their storing is also a major restraint for this market. In case of mishandling greater amount of goods will get damaged as compared single packs. Furthermore, distribution of this kind of packaging products is limited to the right kind of stores.
Based on the material used, the global multipack packaging market is segmented into:
Plastic
Metal
Paper
Glass
By end use, the global multipack packaging market is segmented into:
Food and beverages
Chemical and pharmacy
Consumer goods
Industrial goods
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In terms of geography, the global multipack packaging market has been divided into five key regions including North America, Latin America, Europe, Asia-Pacific and Middle East & Africa. The global multipack packaging market is expected to register healthy CAGR during the forecast period. Asia-Pacific is anticipated to be the dominant market for multipack packaging market followed by Europe and North America. Factors such as urbanization, increasing standard of living along with an increase in global trade will stimulate the demand for the multipack packaging market globally.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections done using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, type, machine size and end use.
The report covers exhaustive analysis on:
Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Regional analysis includes
North America
Latin America
Europe
Asia Pacific
Middle East and Africa
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segments. The report also maps the qualitative impact of various factors on market segments and geographies.
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Report Highlights:
Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, and regional markets exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint
The report offers a comprehensive evaluation of the market. It does so via in-depth insights, understanding market evolution by tracking historical developments, and analyzing the present scenario and future projections based on optimistic and likely scenarios. Each research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology developments, types, applications, and the competitive landscape.
The study is a source of reliable data on:
Key market segments and sub-segments
Evolving market trends and dynamics
Changing supply and demand scenarios
Quantifying market opportunities through market sizing and market forecasting
Tracking current trends/opportunities/challenges
Competitive insights
Opportunity mapping in terms of technological breakthroughs
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
Middle East and Africa (GCC, Southern Africa, North Africa)
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TMR estimates the market size of various sectors using a combination of available data on the number and revenue of companies within each sub-sector and tiers of companies. The basic components used to determine market size and forecast for a specific product area are not only limited to supply-side data, but are also related to demand, industry trends, and the economic outlook. All the above data points are utilized to generate a statistical model targeting the sector marketplace. More than 300 TMR analysts across the world integrate these elements into a framework to determine the subsector market size for a base year and then forecast growth within each market.
TMR regularly interviews technology and business professionals as an ongoing effort to track the latest developments within each sector. These continuous surveys are stratified by company size and industry segment and weighted to reflect the global market place. All data are collected on an ongoing effort through a structured questionnaire rolled over the web or conducted via telephones. This provides the TMR team opportunities to request for detailed question sets, complex skip patterns, and real-time calculations, which assists respondents in answering questions involving numbers and percentages. Respondents, who are interviewed as experts, are screened and qualified based on certain criteria in addition to their decision-making authority and the scope of activity within their organizations.
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