Global Produce Packaging Market Share Growth, Information by Packaging Type (Corrugated Boxes, Bags and Liners, Plastic Containers and Trays), Application (Vegetables, Fruits and Salads), End User (Growers/Shippers, Re-Packers and Retail Stores) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and South America) - Forecast till 2025
Produce Packaging Market Overview
The amplification in fresh produce production is estimated to bolster the demand for produce packaging considerably in the forecast period. The rise in the use of a broader range of fresh produce is predicted to create the impetus needed to expand the Produce Packaging Market Share.
The outstanding contenders in the Produce Packaging Market Share are Smurfit Kappa (Ireland), COVERIS (US), Berry Pack, Inc. (US)
The segmentation of the Produce Packaging Market Share has been conducted based on application, region, packaging type, and end-user. On the basis of packaging types, the Produce Packaging Market Share has been segmented into bags and liners, plastic containers, corrugated boxes, and trays. The application basis of segmenting the Produce Packaging Market Share has been segmented into fruits, vegetables, and salads. On the basis of end-users, the Produce Packaging Market Share has been segmented into re-packers, growers/shippers, and retail stores. Based on the regions, the Produce Packaging Market Share is segmented into the Middle East, Europe, Asia-Pacific, North America, Africa, and South America.
The regional review of the Produce Packaging Market Share has been segmented into Europe, Asia-Pacific, the Middle East, North America, Africa, and South America. The Asia-Pacific in 2018, held the principal share in the international Produce Packaging Market Share, trailed by the North American and European regions. It is anticipated to prolong its authority until 2025. The towering production tariff of fresh produce in the region, mostly in countries such as China and India, is among the key factors, which is anticipated to elevate the need for produce packaging in the region for the duration of the forecast period. The North American region has observed superior development owing to augmented R&D investment and product improvement as far as packaging is concerned. Besides, strict food safety policies are driving the demand for smart packaging in the food & beverage sector in nations such as the US and Canada.
The strategic allocation and positioning of assets are expected to aid each competitor in the mart with their growth goals. The inducement of positive regulations introduced by the governments of several countries is estimated to enhance the profits that can be gained by the market.
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