Global Packaging Industry Market is Estimated to Reach USD 1 Trillion by 2020 end
Packaging is required by almost all the
existing industries. It not only provides safety from eccentric and
unfavourable climatic conditions but also adds an aesthetic value to the
product which entices the consumers. In recent times, environmental concerns
have increased the demand for sustainable packaging and this is one integral
factor that is currently driving the packaging
market.
Factors Influencing the Market Growth:
A rising insistence for long-lasting,
low-cost products has risen the demand for sustainable packaging in industries
ranging from healthcare to cosmetics. Furthermore, growing awareness regarding
quality and product security are some of the driving factors that support the
growth of the packaging
market.
FutureWise presents its clients with the
tools they need to be at the forefront of their industry – a position secured for
far more than the near future.
1.
Specialization in high-growth niche markets which remain unexplored by
various top market
research companies globally.
2.
Profound understanding of markets and consumer reasoning.
3.
Market intelligence insights about unique as well as emergent markets
that are hard to find elsewhere.
4.
Full-time engagement with a dedicated research unit comprising of
subject matter experts (SME) and market
research analysts who can be engaged for fixed
hour support or complete project duration.
5.
Round the clock unlimited analyst support so our clients can utilize our
business acumen to the fullest.
About FutureWise Processes
Here are some factors that differentiate
FutureWise from other companies and places it as a top packaging market research
company in Europe as well as top
packaging market research company in North
America.
1. Standards Followed
FutureWise ensures utilization of
statistically accurate surveys, comprehensive analytical tools, meticulous
coverage of geographic regions, comprehensive checks of data.
2. Precise Assessments
Our B2C and B2B research domain experts
conduct thorough assessments by interviews, surveys (both online and conventional),
structured questionnaires with end-market leaders and various participants.
Be it product benchmarking, competitive
landscaping, competition profiling, emerging competition or market share
analysis related to macro and micro-markets,
FutureWise strive's to bring forward every hidden opportunity for their
partners so they can tap in their true potential.
4. Multi-Level Market Segmentation
Enabling our clients to tap the disruption
with global data collection analysis of external links and drivers, modelling
distribution channels, authentication of segmentation, global and local region analysis,
data integrity cross-check, and so on.
5. Forecasting and Sizing
FutureWise believes in systematic data
collection as the first step towards successful forecasting and sizing of each
market. We offer forecasts and major market segment sizes along with different
sub-segments falling within the calculated categories. At FutureWise, we employ
numerous primal and auxiliary sources for market forecasting and sizing
including but not limited to following mentioned sources such as interviewing
vendors, market data history, financial records and user surveys.
Here are some viatl market parameters
regarding packaging
industry market research that are meticulously analysed
and verified by research experts at FutureWise.
Regional Insights:
•
North America
•
Europe
•
Asia Pacific
•
Middle East
•
Rest of the World
The Asia Pacific region accounts for major
market share owing to the rise of the manufacturing industry in emerging
economies like India. China, in particular, dominates the market as it is the
manufacturing hub for almost all the industries of the world. Furthermore,
there has been a rise in the consumption of fast-moving consumer goods (FMCG)
in the region which has accelerated the demand for good quality packaging
resulting in expansion of the Asia Pacific market region.
Market Overview:
An increasing insistence for packaged food
and cost-effective nature of stand-up pouches are the factors that drive the
growth of the stand-up pouches market across the world. Additionally, factors
such as the rise in demand from end-use industries and aesthetic appeal are
also anticipated to contribute to the growth of the stand-up pouches market.
The growth in the outdoor and sports apparel
industry due to increasing fitness activities and rising health awareness among
consumers is driving the growth of the sealing and strapping packaging tapes
market.
Furthermore, the increase in demand for
protective accessories and clothing such as chemical protection garments,
surgical/medical and military are influencing the growth of the market.
The factors that drive the growth of medical
packaging films market include expenses related to healthcare facilities, the
growing demand for bioplastic material, rising demand for bi-axially oriented
films and increasing incidences of chronic conditions.
Competitive Landscape:
•
Tier 1 players- established companies in the market with a major market
share
•
Tier 2 players
• Emerging players which are growing
rapidly
•
New Entrants
•
Market Ranking Analysis
•
New Product Developments
•
Collaborations
•
Acquisitions
•
Expansions
FutureWise Key Takeaways:
•
Growth prospects
•
SWOT analysis
•
Key trends
•
Key data-points affecting market growth
We at FutureWise analyse the growth prospects
of our clients so as to understand its capability of incurring larger profits,
increasing production and expanding its workforce.
We also examine key data-points like compound
annual growth rate (CAGR), return on investment (RoI), consumer acquisition and
consumer retention rate in order to structure an insightful market research
report.
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