Shelf Retail Ready Packaging Market Global Size, Future Scope, Analysis, Business Development And CAGR To 2023

Key Players

The key players in the global Shelf Retail Ready packaging market include The Cardboard Box Company (UK), DS Smith PLC (UK), Georgia-Pacific LLC. (USA), Green Bay Packaging Incorporated (USA), International Paper Company (USA), Mondi Group (Austria), Smurfit Kappa Group (Dublin), Vanguard Companies (USA), Weedon Group (UK), and WestRock Company (USA).

Segmentation

The global Shelf Retail Ready packaging market has been segmented on the basis of end-user, material, type, and lastly, region. Based on the end-users, this market has been segmented into the beverage, food, household product, and others. The material-based segmentation can segment the market into paper & paperboard, plastics, and others. By type, the market has been segmented into die-cut display containers, modified cases, plastic containers, shrink-wrapped trays, and others.

Regional Analysis

The regional segmentation of the global Shelf Retail Ready packaging market segments the market into the regional markets known as North America, Asia Pacific, Europe, and rest of the world (RoW). Europe is the largest as well as the fastest growing regional market due to high awareness regarding environment protection and government initiatives to encourage eco-friendly packaging. Other factors contributing to the market growth include the growth of the baking industry (requiring retail-ready packaging), the presence of many key market players, and presence of consumer-centric economies where consumers prefer Shelf Retail Ready packaged products due to their busy lifestyle. The most important country-specific markets in this region are France, Germany, Italy, and the UK, followed by the remaining countries of Europe.

North America is another key regional market due to the expansion of the food & beverage industry, developed retail industry, robust economy, and the presence of many key market players in this region. The country-specific markets generating maximum revenue in this region are the USA and Canada.

During the forecast period, the growth of Asia Pacific market is expected to be on fast-track due to the growth of food & beverage industry, development of established retail chains in this region, expansion of the retail consumer base, and heavy investment in Shelf Retail Ready packaging. The pivotal country-specific markets in this region are China, India, and Japan, followed by the remaining countries of the Asia Pacific region.

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