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June 30, 2020, 3:23 p.m. EDT

Skin Packaging Market to Show Tremendous Growth, Market Size, Industry Outlook by 2028

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Jun 30, 2020 (Market Insight Reports) -- Global Skin Packaging Market to Achieve Growth due to Increased Consumer Preference for Food with Longer Shelf Life

Skin packaging refers to a range of paperboard packing, wherein the product to be packaged is placed between thin plastic sheet and a paperboard. Heat-sealing coating is used in the printed paperboard. As a preferred variety of packaging technology for a number of part of consumer and institutional products and industrial applications skin packaging is being widely utilized to market, distribute, and circulate a wide assortment of items. Driven by several developments and changing patterns in the packaging business, interest for skin packaging has expanded in the previous few years. The segment of non-carded skin packaging has witnessed the most rapid and notable development in the variety of skin packaging technology. Over the next few years, however, the segment of plastic film is foreseen to achieve development at the most promising pace in the next few years.

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As a part of consumer products, foods, and industrial products skin packaging is widely utilized. The usage of skin packaging is increasing due to its sealing, properties of strength, low weight, and less requirement of packaging material. Skin packaging held largest part of the overall packaging industry. The technology continues to take precedence in the packaging of a variety of food products, electronic components, electronic products, tools, electronic components, and spare parts. The skin packaging value chain involves dealers of manufacturers, raw materials, supply and distribution channels, and applications.

Key Takeaways of the Skin Packaging Market

  1. Increasing material handling activities for food & other perishable goods

  2. Increasing regulations and certifications on food grades materials

  3. Asia Pacific represented the most promising regional market, trailed by Europe and North America.

  4. The skin packaging market in emerging nations, such as, India and are anticipated to develop at a higher rate over the period.

Notable Development Trends to Open up New Horizons of Growth for Skin Packaging Market

With the on-going trends in the market, government support initiatives for businesses, companies are announcing numerous collaborations that are likely to have a synergistic effect on market. These efforts and initiative have led to partnerships and increasing market competition.

  1. 10 January 2014 – Linpac Packaging, food packaging company has launched vacuum skin packaging (VSP) for companies looking to extend shelf life and reduce food waste in the supply chain.

  2. 20 February 2017 – LINPAC has announced its newly launched LINtop(R) PE HB SKIN film range, an enhanced vacuum skin pack presentation.

Major points covered in the report:

  1. An overview of the market, including background and evolution

  2. Macroeconomic factors affecting the market and its potential

  3. Market dynamics, such as drivers, challenges, and trends

  4. Detailed value chain analysis of the market

  5. The cost structure of the products and segments covered in the study

  6. In-depth pricing analysis, by key product segments, regions and by major market participants

  7. Scrutiny of demand and supply, such as top consuming geographies with leading producers, overall trade with imports/exports scenario

  8. Analysis of the market structure, including a tier-wise categorization of key market participants

  9. Competitive landscape of the market, including detailed profiles of the top players in this market

The report consists of expert opinions with extensive market study, which is classified in segments such as application, product type, and region. All the segments of the market are comprehensively analyzed based on their growth scenarios, market share, and CAGR.

Companies operating in the market are Sealed Air Corporation, Bemis Company Inc., Dow DuPont Inc., Westrock Company, Berry Plastics Group Inc., and Display Pack Inc.

Market Segmentation:

By Material:

  • Polyethylene

  • PVC

  • PET

  • Ionomer

  • Paper & Paperboard

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