Global Fresh Produce Packaging Films Market – Overview
Fresh produce products, such as vegetables, fruits, salads, flowers, etc., require flexible and barrier packaging. Fresh produce packaging films are used for packaging these fresh produce products. Fresh produce packaging films are manufactured using different materials such as polyethylene, polypropylene, polyethylene terephthalate, polyamide, EVOH, etc. The market for fresh produce packaging films is gaining popularity in the world of consumer packaging for its versatile characteristics and useful packaging applications. Fresh produce packaging films manufacturers are focusing on developing films that have properties such as the high barrier, breathability, etc. These properties ensure extended shelf-life, along with retaining the freshness of the product. Fresh produce packaging films are widely used for the packaging of various fresh produce such as vegetable, fruits and flowers. These films are manufactured by mono-oriented as well as bi-axially oriented processes. Mono-oriented films are cost-effective as compared to the bi-axially oriented films. The global fresh produce packaging films market is expected to expand during the forecast period owing to the increasing demand for fresh produce products and rising awareness regarding health, which are among the key drivers of the fresh produce packaging films market.
Global Fresh Produce Packaging Films Market – Dynamics
The global fresh produce packaging films market is expected to grow on the backdrop of the fresh produce market. Fresh produce packaging films are heat-sealable, stretchable and shrinkable which makes them convenient for primary and secondary packaging applications. These films have major applications in pouches & bags, which caters to fast-moving products such as the ready-to-eat packaging format. Fresh produce packaging films showcase advantages such as elasticity, heat sealability, compatibility with form fill seals, tray sealing machines, etc. Fresh produce packaging films are transparent, lightweight and offer a barrier to moisture, etc. as well as printing options on their surface for branding and marketing. These factors are expected to propel the demand for fresh produce packaging films during the forecast period.
Despite the positive outlook, there are some factors that are likely to hamper the growth of the global fresh produce packaging films market. One of them is the availability of alternative packaging solutions such as corrugated boxes, crates, etc. Another restraint is the fact that the disposal of multi-layer fresh produce packaging films requires a separation process. However, the outlook of the global fresh produce packaging films market is expected to be positive during the forecast period.
Global Fresh Produce Packaging Films Market - Segmentation
Globally, the fresh produce packaging films market has been segmented into material type, application and layer structure.
On the basis of material type, fresh produce packaging films market has been segmented into:
- Polyethylene (PE)
- Low-density polyethylene (LDPE)
- High-density polyethylene (HDPE)
- Linear-low density polyethylene (LLDPE)
- Polypropylene (PP)
- Bi-axially Oriented Polypropylene (BOPP)
- Cast Polypropylene (CPP)
- Polyethylene Terephthalate (PET)
- Polyamide (PA)
- Ethyl Vinyl Alcohol (EVOH)
- Polyvinyl chloride (PVC)
- Others (PLA, EVA, etc.)
On the basis of packaging type, fresh produce packaging films market is segmented into:
- Bags & pouches
On the basis of layer structure, fresh produce packaging films market has been segmented into:
Fresh Produce Packaging Films Market - Regional Outlook
Geographically, the global market for fresh produce packaging films has been divided into seven key regions as: North America fresh produce packaging films market, Latin America fresh produce packaging films market, Western Europe fresh produce packaging films market, Eastern Europe fresh produce packaging films market, Asia Pacific excluding Japan fresh produce packaging films market, Middle East & Africa fresh produce packaging films market and Japan fresh produce packaging films market. Among these regions, the Asia Pacific excluding Japan fresh produce packaging films market is expected to dominate the global fresh produce packaging films market in terms of value as well as volume. Countries such as China and India are expected to dominate the Asia Pacific excluding Japan fresh produce packaging films market during the forecast period.
Global Fresh Produce Packaging Films Market - Key Players
Some of the key players operating in the global fresh produce packaging films market are Bemis Company, Inc., Mondi group Plc., Uflex Ltd., Cosmo Films Ltd., Innovia Films Ltd., Sonoco Products Company and Tasdeer Holding. Several local and unorganised players are expected to contribute to the growth of the global fresh produce packaging films market during the forecast period.
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.
2. Insights and Tools
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.
3. Actionable Results
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?
With a robust experience in creating exceptional market reports, Transparency Market Research has emerged as one of the trusted market research companies among a large number of stakeholders and CXOs. Every report at Transparency Market Research goes through rigorous research activity in every aspect. The researchers at TMR keep a close watch on the market and extract beneficial growth-boosting points. These points help the stakeholders to strategize their business plans accordingly.
TMR researchers conduct exhaustive qualitative and quantitative research. This research involves taking inputs from the experts in the market, focused attention on recent developments, and others. This method of research makes TMR stand out from other market research firms.
Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:
Inculcation and Evaluation of Strategic Collaborations: The TMR researchers analyze recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures. All the information is compiled and included in the report.
Perfect Market Size Estimations: The report analyzes the demographics, growth potential, and capability of the market through the forecast period. This factor leads to the estimation of the market size and also provides an outline about how the market will retrieve growth during the assessment period.
Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular market. These developments make the stakeholders aware of the current investment scenario across 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.