LONDON, Feb. 29, 2016 /PRNewswire/ --
About FMCG Packaging
Fast-moving consumer goods are manufactured and purchased to satisfy consumer requirements in segments such as food, beverages, pharmaceuticals, cosmetics, and household products. Food products, beverages, and pharmaceuticals need durable packaging to prevent any spoilage or contamination.
FMCG includes non-durable, consumable goods such as soft drinks, toiletries, over-the-counter drugs, and processed foods. These products have a short shelf life because of high consumer demand and rapid deterioration of these products.. Other goods like alcohol, toiletries, pre-packaged foods, soft drinks, and cleaning products have high turnover rates. FMCG products are usually purchased through loyalty or from impulsivity; decisions are made often because of brand recognition or price reductions. So it is an industry that is heavily supported through advertisements and promotional events by the manufacturers. Vendors are exploring new outlets and sales locations while traditional retailers have introduced private label brands to capture additional profits.
Technavio's analysts forecast the global FMCG packaging market to grow at a CAGR of 4.4% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global FMCG packaging market for 2016-2020. To calculate the market size, the report takes into account the total revenue generated from the different geographical regions.
The market is divided into the following segments based on geography:
- Europe
- APAC
- North America
- ROW
Technavio's report, Global FMCG Packaging Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
- Amcor
- Ball
- Berry Plastics
- Crown Holdings
- Tetra Pak
Other prominent vendors
- American International Container
- Applied Extrusion Technologies
- Ardagh
- Blue Ridge Paper Products
- Bolton
- Bomarko
- Chesapeake
- Consol Glass
- Huhtamak
- ITC
- Jiangsu Zhongda
- Kuehne + Nagel
- MeadWestvaco
- Novelis
- Sonoco Products Company
- Solo Cup Company
- Sonoco Products
- Stanpac
- Steripack
- Sweetheart Holdings
- Tetra Laval International
- Toyo Seikan Group Holdings
- UFLEX
- Vacumet
Market driver
- Demand from healthcare sector
- For a full, detailed list, view our report
Market challenge
- Fluctuation in raw material prices
- For a full, detailed list, view our report
Market trend
- Increased demand from developing countries
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 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?
You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.
Download the full report: https://www.reportbuyer.com/product/3664248/
About Reportbuyer
Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers
http://www.reportbuyer.com
For more information:
Sarah Smith
Research Advisor at Reportbuyer.com
Email: [email protected]
Tel: +44 208 816 85 48
Website: www.reportbuyer.com
SOURCE ReportBuyer
Related Links
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article