Jun 20, 2020 (Market Insight Reports) -- The report on Skin Packaging Market by QMI aims to provide a thorough overview of various growth dynamics, including key drivers and limiting factors, customer or end-user patterns, and new avenues. The analysis includes statistics related to the revenue shares of key regions in the global market for Skin Packaging and factors affecting the growth of the market during the forecast period.
The Skin Packaging Market is projected to register high demand during the forecast period with increasing demand from major end-use industries such as Food & Agriculture, Consumer Goods & Electronics, Pharmaceuticals, Industrial Goods, and Others during the forecast period. The demand for skin packaging has been rising in line with growth in the food and packaging industries. Increasing production in the meat industry and the increasing trend of convenience foods illustrate the need for skin packaging, which can improve the product’s shelf life and protect the product from contamination.
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Skin packaging is a type of protective packaging which is used to cover food products and other materials to protect against external environment. These include humidity, temperature, dust, and others. Rising people’s disposable income, rapid urbanization and changing habits are likely to drive demand for packaged goods. That will further fuel the skin packaging demand over the next five years.
Some of the key Impact Factors :
o Improved material storage of food & other perishable goods
o Increasing regulations and certifications on food grades materials
o Rapid urbanization in emerging economies
Skin Packaging Market is segmented based on material, technology, end user and region. Skin packaging materials include polyethylene, PVC, PET, ionomer, paper & paperboard, and others. Skin packaging can be made using two main technologies, namely skin thermoforming, vacuum skin packaging. During the forecast period the skin packaging market is expected to show high growth with rising material handling activities for food and other perishable goods. Among industrial products skin covering is also used to prevent environmental contamination. Major skin packaging markets include food & farming, consumer goods & electronics, pharmaceuticals, industrial goods and more.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Sealed Air Corporation
2. Bemis Company Inc.
3. Dow DuPont Inc.
4. Westrock Company
5. Berry Plastics Group Inc.
6. Display Pack Inc
The Asia-Pacific area accounted for nearly 35 percent of total value market share, led by Europe and North America. The skin packaging market is expected to rise at a higher rate in developing countries such as China and India from 2015 through 2020. Due to its strong economic growth, along with increased food consumption and rapid urbanization, China is expected to grow faster than any other country.
During the forecast period, North America, Western Europe, and Asia Pacific are expected to be important regions for the skin packaging industry. The high growth of supply chain activities to cater to various industries and the production of packaging solutions are crucial to the growth of this region’s skin packaging industry. Besides this development of cold chain systems to cater for perishable goods and government regulations on packaging waste disposal, demand for the skin packaging market in this region is also governed. In these areas, major industries are projected to be food & agriculture, consumer goods & electronics, pharmaceuticals, industrial goods, and so on.
Paper & Paperboard
Thermoforming Skin Packaging
Vacuum Skin Packaging
By End-Use Industry:
Food & Agriculture