Chub Packaging Market: An Overview
Chub packaging is a format best suited for grounded meat, beef and turkey. Moreover used to pack sausages, pet food and taco seasonings. The chub packaging is made up of different flexible packaging materials, such as polyethylene, polyvinyl chloride, nylon and polyethylene terephthalate. Its invention is backed to previous century, but still is used as a packaging solution because of its light weight. Today’s chub packaging market is driven by increase in demand for the food products packed with eco-friendly materials, and flexible packaging makes it more preferable option above trays and other packaging options such as boxes and wraps. Along with that chub packaging also offers fresh keeping of grounded meats of different kinds due to its flexibility. The chub packaging was discovered in the last century, but its usage is still prevailing and growing, due to the wider applications as well as multi-layer packaging solutions offered. Staggering growth of food & beverage segment is a direct demand driver for the chub packaging market globally.
Chub Packaging Market: Dynamics
The consumer demand shifting towards attractive packaging, up to the extent that the look and feel of the product’s packaging is nowadays considered an USP. The multi-layer protection & transparency offered by chub packaging is anticipated to fuel the market demand. Moreover, the printed and customized options in chub packaging along with growing engineered solutions targeted to increase the shelf-life of the products packed inside are the added growth indicators. Additionally, the atmospheric temperature outside the package is same as the inside temperature, which makes it more ideal option for packaging of grounded meat and meat products.
The advanced chub packaging producers find it cost efficient option and with advent of latest technology in machinery, it allows them to produce it using less material and less energy compared to other packaging options. From retailer’s point of view, chub packaging provides them easy to freeze packaging option, with additional advantage of shelf-ready packaging for their product offerings. The demand for sustainability is also met by the chub packaging, as it is made mostly out of recycled material and helps to establish a cycle of recyclable packaging material.
Chub Packaging Market: Segmentation
On the basis of material type, the chub packaging market is segmented into:
- Polyethylene (PE)
- Multilayer nylon
- Polyvinylidene chloride
- Polyethylene terephthalate (PET)
On the basis of application, the chub packaging market is segmented into:
- Ground meat, (beef, chicken, salami)
- Processed cheese
- Pet food
- Bread and cookies dough
Chub Packaging Market: Regional Outlook
The chub packaging market will be influenced from the growth of food and food products industry in all regions and also considering changes that occurred in to the lifestyles of people residing in the developed countries. Also positively affected by demand for more meat products like the grounded beef, salami and sausages rising in the continent of North America. The North America being leading market for the chub packaging not only in terms of consumption, but also leading in technological advancements for the chub packaging.
Latin America is also all set to emerge as the lucrative market for the chub packaging as growth in demand along with consumption for meat products are healthy signs from their region. Also the European region is already set for positive growth in to the chub packaging market as its major countries have recorded rise in demand for easy and flexibly packed products.
The Asia-pacific region is set to perform well for the upcoming years to come as the chub packaging type is currently in the rising stage for the whole Asian market. Middle-Eastern countries have shown a sharp surge in demand for packaging which is flexible along with longer shelf-lives. As meat consumption in region increases due to result of rise in disposable income of consumers and growing expenditure on food products.
Chub Packaging Market: Key Players
Leading producers of chub packaging are Cargill Corporation, Henry & Sons and Qingdao Haide Packaging Co., Ltd., Plastopil Hazorea Co. Ltd., Kendall Packaging Corporation, Sealed Air Corporation, Coveris Holdings SA, R.A Jones Group Ltd, Berry Plastics Corporation, Bemis Company, Flexopack S.A., Inteplast Group, HOVUS Incorporated, Alcan Packaging Food Americas and Plastopil BV.
The report chub packaging market is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on cement packaging market segments and geographies.
Regional Analysis Includes-
- North America
- Latin America
- Asia Pacific (APAC)
- Middle East & Africa (MEA)
- A detailed overview of parent market
- Changing chub packaging market dynamics in the industry
- In-depth chub packaging market segmentation
- Historical, current, and projected market size regarding volume and value
- Recent industry trends and developments in the chub packaging market
- Competitive landscape
- Strategies for key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for players to sustain and enhance their market footprint
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
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The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
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The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.