Albany – NY, Oct. 20, 2015 (GLOBE NEWSWIRE) — The food industry is the largest industry worldwide and plays a key role in the economy of any country. Food products need to be packaged in a durable manner to avoid spoilage. Containers such as cups, cans, sachets, bottles, and tubs are used to package food products. Increased demand for packaged food has transformed the packaging industry. Vendors in the global food packaging market are continuously introducing packaging materials that can prevent the contamination of food products. Packaging designs also have a significant influence on the purchase decisions of customers.
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Global food packaging market to grow at a CAGR of 4.01% over the period 2014-2019. To calculate the market size, the report considers revenue generated by sales of different food packaging products and solutions. Beverages and drink packaging products are not included in the scope of this research. In addition, the report discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by the vendors and the market at large, and the key trends emerging in the market.
Global Food Packaging Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the landscape of the global food packaging market and its growth prospects in the coming years. The report includes a discussion on the five key vendors operating in this market.
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Market driver
- Rising demand for packaged food
- For a full, detailed list, view our report
Market challenge
- Fragmented marketplace
- For a full, detailed list, view our report
Market trend
- Increased demand for dairy products from APAC
- For a full, detailed list, view our report
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Key questions answered in this report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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