Skin Packaging Market, By Material, Type, Heat Seal Coating, & Application – Global Forecast to 2020


Posted May 30, 2019 by Chemical-Research-Expert

The global Skin Packaging Market is projected to reach USD 9.67 Billion in 2020, growing at a CAGR of 4.94% from 2015 and 2020.

 
The global Skin Packaging Market is projected to reach USD 9.67 Billion in 2020, growing at a CAGR of 4.94% from 2015 and 2020.
Browse 212 market data tables and 66 figures spread through 219 pages and in-depth TOC on “Skin Packaging Market by Material (Plastic films, Paper & Paperboard, Others), Type (Carded, Non-carded), Heat Seal Coating (Solvent-based, Water-based, others), & Application (Food, Consumer goods, Industrial goods, others) - Global Forecast to 2020”.

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The market is segmented and the market sizes are forecasted on the basis of major regions such as North America, Europe, Asia-Pacific, and Rest of the World (RoW). The key countries are covered and their market sizes have been forecasted for each region.

The skin packaging market is mostly driven by the growing packaging and food industry, manufacturing activities, and the increase in spending by end consumers for packaged products. Rising concerns about the environment and stringent regulations towards packaging waste are encouraging manufacturers to increase their investment in R&D activities to develop sustainable packaging materials. This is likely to drive the demand for skin packaging because of its cost-effective features which require less resources for packaging and prevent food loss by extending the shelf life of the food product.

The Asia-Pacific region accounted for around 35% of the total market share in terms of value, followed by Europe and North America. The global skin packaging market is marked with intense competition due to the presence of a large number of both, big and small firms. New product launches, mergers & acquisitions, and partnerships & expansions are the key strategies adopted by market players to ensure their growth in the market.

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The global market for skin packaging has been dominated by large players of the packaging industry such as Sealed Air Corporation (U.S.), E.I. du Pont de Nemours and Company (U.S.), Bemis Company, Inc. (U.S.), The Dow Chemical Company (U.S.), and WestRock Company (U.S.). Other payers include Bemis Company, Inc. (U.S.), Clondalkin Group Holdings B.V. (Netherlands), LINPAC Packaging Limited (U.K.), Display Pack Inc. (U.S.), and G. Mondini SpA (Italy).
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Dundee Road Suite 430 Northbrook, IL
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Tags packaging , skin packaging , skin packaging market
Last Updated May 30, 2019