Composite Packaging Market To Perceive Huge Accretions By 2023; Asserts MRFR

Market Research Future published a research report on “Composite Packaging Market Research Report- Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
Global Composite Packaging Market Information by Material (Plastic, Paper, Cardboard and other), by end users (Food & beverages, Industrial goods, consumer goods, healthcare and others) and Region - Forecast to 2023

Market Highlights

Composite packaging is a packaging which is made from two or more layers of different materials, which are bonded together and are not separable by consumers. Some composite packaging are shelf-stable (aseptic liquid paperboard), lowering wastage and refrigeration requirements. It is versatile and provides reasonable product protection. The growing population, improved standard of living, growing demand for packaged products are expected to drive the growth of the global composite packaging market. Features such as longer shelf life and user friendly solutions in terms of storage are expected to fuel the market. Composite packaging is designed to meet all the physical requirement of the supply chain to ensure that the product arrives on time while preserving the texture and convenience to handle.

The global market for composite packaging market is expected to grow over the CAGR of around 4.82 % during the period 2017 to 2023.

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Market Research Analysis:

Asia-Pacific region holds largest share in the global market. Rapid lifestyle changes and economic growth, coupled with rising population in China and India have spiked the growth rate of composite packaging in the region. Rising incomes and the expansion of modern retail outlets with different mindset are favoring a switch from unpackaged products to packaged products.

Key Players:

The key players of global composite packaging market include Amcor Limited ( Australia), DS Smith Plc (U.K.), Mondi plc (Mondi plc), Smurfit Kappa Group (Dublin), Sonoco Products Company (U.S.), Crown Holdings (U.S.), Sealed Air Corporation (U.S.), Universal Packaging Ltd (New Zealand), Najmi Industries (Bengaluru) and Sota Packaging Pty Ltd (Australia).

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Scope of the report

This study provides an overview of the global composite packaging industry, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia-Pacific, and Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global composite packaging market as material, End User. On the basis of material it is segmented as plastic, paper and paperboard. On the basis of end user it is segmented as Food & beverages, Industrial goods, consumer goods, healthcare and others.

Target Audience:
• Manufactures
• Raw Materials Suppliers
• Aftermarket suppliers
• Research Institute / Education Institute
• Potential Investors
• Key executive (CEO and COO) and strategy growth manager

The report for Global Composite Packaging Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

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Market Research Future
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