Confectionery Packaging Market Size| COVID-19 Impact, Growth, Future scope, Analysis, Development and CAGR to 2021
Confectionery Packaging Market Scenario
Globally there is a surge in the food & beverages market, especially for sweet items along with the growth of organized retails which has augmented the market for confectionery packaging. With the rapid urbanization and change in the consumer preference for food along with the increased sale of sweet items in the retail stores have stimulated the market for confectionery packaging. This is backed by the international chains of bakery and confectionery outlets and investment by packaging companies in developing more consumer-friendly packaging, which has led to the growth of the global Confectionery Packaging Market Size.
The Global Confectionery Packaging Market Size is expected reach at a huge CAGR from 2016 to 2021.
Key Players
The key players of Global Confectionery Packaging Market Size report include-
- Crown Holdings, Inc.
- Graphic Packaging International Inc.
- Aptar Group Inc.
- Sonoco Products Company
- Bemis Company Inc.
- Amcor Limited
- Silgan Holdings
- West Rock Company
- Solo Cup
- Sweetheart Holdings
Segmentation
The global COVID-19 Impact is segmented in to 3 key dynamics for the convenience of the report and enhanced understanding
Segmentation by Material : Comprises Metal, Paper, Plastic, and others.
Segmentation by Type : Comprises Rigid packaging and Flexible Packaging.
Segmentation by Confectionery items : Comprises Flour confections, Chocolate confections, Sugar confections, and others
Segmentation by Regions : Comprises Geographical regions - North America, Europe, APAC and Rest of the World.
Regional Analysis
In North America, U.S. accounts for the second largest share in Confectionery Packaging Market Size. Factors such as rising the consumer preferences for convenient packaging, increase in disposable income, and rising demand from food & beverage, pharmaceutical sectors are some factors driving the demand of the market in U.S. Europe is expected to be the second largest market in confectionery packaging due to innovation and development of personal care, hygiene and beauty products. Increased demand for consumer-friendly products which are lightweight and easily transportable, growing focus on sustainability, the increased need for extended shelf life, and rising standards of hygiene are the major drivers of Confectionery Packaging Market Size.Study Objectives
- To provide detailed analysis of the market structure along with forecast for the next 10 years of various segments and sub-segments of the Global Confectionery Packaging Market Size
- To provide insights about factors affecting the market growth
- To analyze the Global Confectionery Packaging Market Size based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
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