Skin Packaging Market by Material, Type, Heat Seal Coating, & Application - Projected to Reach USD 9.67 Billion in 2020 at a CAGR of 4.94% from 2015 and 2020

Nov 27, 2015, 02:30 ET from Research and Markets

DUBLIN, November 27, 2015 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/zqgklb/skin_packaging) has announced the addition of the "Skin Packaging Market by Material, Type, Heat Seal Coating, & Application - Global Forecast to 2020" report to their offering.

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The market for skin packaging is projected to be valued at USD 9.67 Billion by 2020. The Asia-Pacific market is projected to grow at the highest CAGR of 5.93% during the forecast period, that is, 2015 to 2020.

The skin packaging market has been growing in accordance with the growth in the food and packaging industries. Rising production in the meat industry and the growing trend of convenience food highlight the need for skin packaging, which can increase the shelf life of the product and protect the product for contamination.

Increasing disposable incomes of people, rapid urbanization, and changing lifestyles are likely to drive the demand for packed goods. This will further boost the market for skin packaging over the next five years. In addition to this, the rising competition and concern towards environment will increase the demand for innovative packaging options, which is cost effective, differentiates products and appeals customers. This will drive developments in technologies used for skin packaging.

The growth of the skin packaging market is primarily driven by the following:

  • Rapid urbanization in emerging economies.
  • Increase in global consumption of meat products.
  • Rising trend of packed food.
  • Expansion of food and packaging industry.

The non-carded skin packaging market is projected to grow at the highest CAGR of 5.23% from 2015 to 2020. The skin packaging market was also dominated by the non-carded skin packaging segment, which accounted for 58% of the total market in 2014.

Scope of the Report:

This research categorizes the global skin packaging market based on type, base material, heat seal coating, application, and region:

Based on Base Material:

- Plastic films

  • Polyethylene
  • PET
  • PVC
  • Others

- Paper & Paperboard

  • WLC
  • SBS
  • Others

Based on Type:

  • Carded Skin Packaging
  • Non-carded Skin Packaging

Based on Heat Seal Coating:

  • Water-based
  • Solvent-based
  • Others

Based on Application:

- Food

  • Meat, poultry & seafood
  • Fresh produce
  • Others

- Consumer Goods

  • Toys & related goods
  • Electronic products
  • Electrical components
  • Others

- Industrial Goods

  • Tools
  • Spare parts/automotive parts
  • Others

Based on Region:

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World (RoW)

Companies Mentioned: 

  • Bemis Company, Inc.
  • Berry Plastics Group, Inc.
  • Clondalkin Group Holdings B.V.
  • Display Pack Inc.
  • E.I. Du Pont De Nemours and Company
  • G. Mondini SPA
  • Linpac Packaging Limited
  • Sealed Air Corporation
  • The DOW Chemical Company
  • Westrock Company

For more information visit http://www.researchandmarkets.com/research/zqgklb/skin_packaging

Media Contact:
Laura Wood ,
+353-1-481-1716,
press@researchandmarkets.net


SOURCE Research and Markets