Global packaging market reached US$709B in 2013, according to report; packaging market in developed countries transitioning away from metal cans and glass jars, moving toward plastic pouches
January 10, 2014
– Visiongain’s analysis indicates that the global packaging market reached $709bn in 2013, and will be driven by growth in the both emerging and developed markets, in addition to a number of favourable design and technological advances made by end-use consuming sectors.
The visiongain author of the The 20 Leading Packaging Companies 2013: Competitive Landscape Analysis report commented:
“Constant demand for convenient packaging solutions has resulted in the growth of single-portion packaging. Visiongain has observed a transition away from metal cans or glass jars towards plastic pouches, as pouches are more conveniently sized, and can be safely microwaved without the need to have contents transferred into a separate cooking vessel. However, pouches are a value-added product, so we are unlikely to see the introduction of such packaging into emerging economies in the short run.
The global problems that packaging is currently trying to address are increasing product shelf life and to reduce product damage. In developed nations, food packaging innovations ranging from vacuumed plastic packaging to a new material that prevents bread and cheeses from moulding aim to improve shell life. In developing nations, the primary concerns are reducing damage to products during transportation and ensuring they are fit for consumption”.
The 137 page report contains 126 tables, charts and graphs that add visual analysis in order to explain developing trends within the packaging market. Visiongain critically analyses the 20 largest packaging companies operating in the market, providing market share data, competitor analysis and an assessment of future company outlooks.
The 20 Leading Packaging Companies 2013: Competitive Landscape Analysis report will be of value to current and future potential investors into the packaging industry, as well as companies and research centres who wish to broaden their knowledge of the packaging market.
For sample pages and further information concerning the visiongain report The 20 Leading Packaging Companies 2013: Competitive Landscape Analysis please visit http://www.visiongain.com/Report/1176/The-20-Leading-Packaging-Companies-2013