Markets and Markets
Food Packaging Market worth $305,955.1 Million by 2019
The report “Food Packaging Market by Material (Paper & Board, Plastic, Glass, Metal), Type (Rigid, Semi-Rigid, Flexible), Application (Dairy, Bakery, Confectionery, Convenience Foods, Fruits, Vegetables, Meat, Sauces, Dressings) – Global Trends & Forecast to 2019”, defines and segments the food packaging market on the basis of various materials, types, applications, and regions, with analyses and projections of the market size of each of these segments, in terms of value.
The food packaging market is projected to reach a value of $305,955.1 Million by 2019 and Asia-Pacific market is projected to grow at the highest CAGR during forecasted period.
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- 81 Market Data Tables
- 54 Figures
- 140 Pages and in-depth Table of Content on “Food Flavors Market”
The Food packaging market is driven by the trend of consumers shifting towards specialty & processed food, advancement in food packaging material, marketing strategies of companies, increase in the demand for food packaging material products, and consumer awareness in developing economies. The key market players adopted expansions, new product launches, agreements, joint ventures, partnerships, and acquisition as their preferred strategies to sustain competition in the market. The different technologies used to manufacture processed food packaging products, and an introduction of a wide variety of food packaging types for developing materials of food packaging have further driven the market.
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The food packaging market is projected to reach a value of $305,955.1 million by 2019. Asia-Pacific is projected to be the largest market and is projected to grow at the highest CAGR during the forecasted period. In this region, the Indian market is estimated to be the second-fastest.
This report studies the marketing and development strategies, along with the product portfolios of leading companies.
It also includes the profiles of leading companies such as:
- Amcor Ltd. (Australia)
- Rock-Tenn Company (U.S.)
- Crown Holdings, Inc. (U.S.)
The key players in the market invest in the expansion of their facilities to fulfill the needs of emerging markets and are actively investing in R&D activities to gain a competitive edge through new product launches.
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