Skin Packaging Market Growth Analysis, Trends & Forecasts to 2020


Posted May 12, 2017 by shravand123

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. High disposable incomes and changing lifestyles have led to an increase in the consumption of packed goods, which in turn drive the demand for skin packaging. Moreover, with increasing awareness about environmental hazards, the market will adopt technologies to develop sustainable packaging, which is environment-friendly, cost-effective, and requires less resources. The Asia-Pacific region accounted for around 35% of the total market share in terms of value, followed by Europe and North America. The skin packaging market in developing countries such as China and India are projected to grow at a higher rate from 2015 to 2020. China is estimated to grow faster than any other country because of its strong economic growth, along with increase in food consumption and rapid urbanization.
Non-carded skin packaging is projected to be the fastest-growing product type segment from 2015 to 2020. Plastic film is projected to be the fastest-growing material segment in the skin packaging market over the next five years.

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Scope of the Report
This research categorizes the global skin packaging market based on type, base material, heat seal coating, application, and region:
Based on Base Material:
• Plastic films
o Polyethylene
o PET
o PVC
o Others
• Paper & Paperboard
o WLC
o SBS
• Others
Based on Type:
• Carded Skin Packaging
• Non-carded Skin Packaging
Based on Heat Seal Coating:
• Water-based
• Solvent-based
• Others

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Based on Application:
• Food
o Meat, poultry & seafood
o Fresh produce
o Others
• Consumer Goods
o Toys & related goods
o Electronic products
o Electrical components
o Others
• Industrial Goods
o Tools
o Spare parts/automotive parts
o Others
o Others
Based on Region:
• North America
• Europe
• Asia-Pacific
• Rest of the World (RoW)

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Contact Email [email protected]
Issued By mnm Group
Country United States
Categories Advertising , Business
Tags skin packaging market
Last Updated May 12, 2017