Skin Packaging Market Is Expected To Grow At A CAGR Of ~ 5% During Forecast 2023

Summary

****** Skin Packaging Market Growth, Size, Share, Trends, Future Scope by Material (polypropylene (pp), polyethylene (pe), polyvinyl chloride (pvc) and other), by Application (meat, poultry, cheese and others) and by Region – ****** Forecast to 2023

Skin Packaging Market Overview

Skin packaging is a packaging process where the product to be packaged is placed on the substrate material, and then heated plastic film is draped over both the product and the substrate. The protective film cover is tightly drawn down the product with the help of a vacuum to make it safe, secure, and attractive. Skin packaging is cost-effective alternatives to other packaging forms such as blister packs, five-panel cartons, fold-over cards, and rack-hung thermoforms. Market Research Future (MRFR) has recently published a report on the ****** skin packaging market which covers key market insights gained from meticulous analysis of the pertinent trends and factors affecting the growth of the market over the forecast period of 2017-2022. As per MRFR’s study, the ****** skin packaging market is anticipated to showcase steady growth over the forecast period.

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Plastic packaging is progressively being used as an alternative to glass packaging owing to various advantages associated with it, such as less weight, low requirement of packaging material, and cost efficiency.

Introduction of stringent food safety regulations across the globe and growing need to reduce food wastage has further propelled the demand for food packaging.

Competitive Landscape

  • The DOW Chemical Company (U.S.)
  • Sealed Air Corporation (U.S.)
  • Display Pack Inc. (U.S.)
  • Mondini SA (Italy)
  • LINPAC Packaging Limited (U.K.)
  • Bemis Company Inc (U.S.)
  • Westrock Company (U.S.)
  • Clondalkin Group Holdings B.V. (Netherlands)
  • Reynolds Flexible Packaging (U.S.)
  • Berry ****** Group, Inc. (U.S.)

are the notable players in the ****** skin packaging market.

Skin Packaging Market Segmentation

The ****** skin packaging market has been segmented based on material and application.

By material, the ****** skin packaging market has been segmented into paper & cardboard, LDPE, PVC, and others.

By application, the ****** skin packaging market has been segmented into food, consumer goods, industrial goods, and others.

Regional Analysis

Region-wise, the skin packaging market has been segmented into Asia Pacific (APAC), Rest-of-the-World (RoW), Europe, and North America.

North America is the largest skin packaging market driven by the presence of an established food & beverage industry in the region, which generates considerable demand for skin packaging solutions. Moreover, the region has strict food safety regulations, which focus on efficient packaging solutions to curb the incidents of food poising. Moreover, the emergence of various eco-friendly skin packaging solutions in the region has supported the growth of the market. The presence of various food retailer in the region has substantiated the growth of the market. Additionally, the region is an early adopter of the latest packaging technologies which gives it leverage over others.

Europe too is a significant growth pocket for skin packaging. High focus on food safety and sustainability has driven the market in Europe.

The APAC market is anticipated to register the highest CAGR over the forecast period. The expanding pharmaceutical and F&B industry in the region are providing lucrative opportunities for the growth of the skin packaging market. The rise in disposable income and adoption of latest technologies in the region has also been a key contributor to the market growth.

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