Forecast on FMCG Packaging Market for the Period 2014-2020
In order to enhance product visibility in the market, packaging has emerged as a unique tool to create a direct impact on consumer perception about the corresponding product. Factors such as increasing middle-class population in developing countries, changing consumer lifestyles and technological advancements to develop eco-friendly packaged products are expected to drive the demand for FMCG packaging in the near future. Furthermore, changing consumer lifestyles support the demand for varied consumer products which is expected to enhance the growth of this market. This has led to differentiated packaging which indirectly affects manufacturers. However, compliance of stringent environmental regulations related to packaging is a key factor restraining the market growth. Creation of new materials with the help of sustainable packaging to offer efficient designs is a key trend driving the FMCG packaging market.
Request to Sample Report - https://www.futuremarketinsights.com/reports/sample/rep-gb-110
The FMCG packaging market is segmented on the basis of packaging type and end-user industries. The various types of packaging materials based on the type of product include protective packaging, flexible packaging, paper-based packaging, rigid plastic packaging, custom packaging and others. These packaging materials face challenges due to sourcing based on parameters like health consciousness, mobility and consumerism in pharmaceutical and health products. Shift in global buying patterns of consumers coupled with a surge for value-added products has led to an increase in consumer willingness for premium products. Thus, to target the consumer spending for packaging, companies are focusing on developing attractive packaging products. FMCG packaging serves end-user industries, such as food, beverages, healthcare, cosmetics and others. Among all the end-user industries, the food & beverages sector serves as the largest market for packaging companies to invest in the long run. The demand for packaging in recent years is being recognized across the emerging markets with developed markets retaining their market share with a modest growth. However, demand from emerging markets is expected to record a double-digit growth in the next five to six years.
Packaging in the FMCG sector accounts for a large share in the material cost involved in developing a finished product. Thus companies at a global level are developing innovative packaging solutions to minimize the operational cost. The FMCG packaging market is highly fragmented when analysed from the supply side perspective with less number of companies having a substantial share in the total market. This leads to less entry barriers for new entrants in this market. However, skilled labour, equipment and machinery are identified as barriers for a sustainable growth in the near future. Nestlé S.A., Procter & Gamble Company and PepsiCo Inc. are among the leading FMCG companies across the globe. Other prominent players of the FMCG packaging market include Kimberly-Clark, Altria Group, Kraft Foods, Mondel?z International Inc., Philip Morris International Inc., Unilever Group, Amcor Limited and Tetra Pak International.
Request Report TOC @ https://www.futuremarketinsights.com/toc/rep-gb-110
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Forecast on FMCG Packaging Market for the Period 2014-2020 here
News-ID: 973009 • Views: 1719
More Releases from Future Market Insights
How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring
More Releases for FMCG
FMCG Packaging Market Revenue, Market Share, Growth Rate of FMCG Packaging For E …
Packaging enables effective communication between the brand owners and consumers via logos, colors, product information, images, and graphics. The increasing demand from the e-commerce industry is a crucial factor that will likely compel the prospects for market growth during the forecast period. The crucial importance of differentiated packaging, which adds critical value to the product and plays a major role in influencing consumer’s preference, is another major factor with an impact
FMCG Business Outlook and Procurement Report | MarketResearchReports.biz
Latest industry research report on: Global FMCG Business Market | Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts. GlobalDatas "FMCG Business Outlook and Procurement Report Dec 2017 - May 2018", examines executives opinion on the business outlook and procurement activities over Dec 2017-May 2018, including comparative analysis of survey results with Jun-Nov 2017 (wherever applicable). It also highlights key business priorities, supplier price variations, changes in capital
FMCG Industry Business Confidence Report H2 2017
ReportsWeb.com published “FMCG Market” from its database. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. Publisher's "FMCG Industry Business Confidence Report H2 2017", examines executives' opinion about the business environment during H2 2017. It also highlights existing economic conditions, supplier price variations, sales performance, industry and company growth outlook, spending patterns,
Interesting Research Report on the Future of FMCG Packaging Market
Fast-moving consumer goods are the high volume, low priced items that are quickest to leave the supermarket shelves. They include durable and non-durable goods such as cosmetics, toiletries, detergents, batteries, plastic goods, paper products, etc. Packaging is vital to the FMCG market as it is an essential element for proper positioning of the product. Packaging allows effective communication between consumers and brand owners through graphics, colours, images, product information and
FMCG Industry Business Confidence Report H1 2017
The existing economic environment is stable for the FMCG industry, and customer confidence levels will remain positive during H1 2017. Survey results reveal that executives who operate in the Asia-Pacific and North America project a more favorable opinion about economic prospects in the region for H1 2017. In the US, a rise in personal disposable income and household spending, growing consumer confidence, fall in unemployment rate, expected rise in GDP
Report: Global FMCG Packaging Market, 2016-2024
Zion Market Research published new report on 'FMCG Packaging Market: Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021' in it's database FMCG is the short form for fast moving consumer goods. The products which are sold rapidly at a reasonable price are termed as fast moving consumer goods. FMCG includes several consumable and non-consumable products such as toiletries, soap, cosmetics, teeth cleaning products, packaged food products and drinks, grooming products