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Olive Oil Packaging Market- An Overview

As olive oil has varied tastes, smell and properties, they’re stored in a different type of containers. Olive oil packaging is usually done in bottles and jars primarily made up of glass and plastic. Plastic bottles are made up of high-density polyethylene which is light-weight and unbreakable while glass bottles and jars are made from moulded glass.

As manufacturers and customers are moving towards sustainability, there are other packaging materials replacing single-use and non-recyclable packaging material which takes in consideration, cans and tetra packaging in form of metal (tin-coated and steel) and paperboards.

Olive Oil Packaging Market- Dynamics

Packaging plays a major role when it comes to liquid packaging. Shelf life and durability of olive oil depends on its packaging and storage conditions. It can also help to protect the oil from coming in direct contact with UV present in sunlight, or moisture which can deteriorate the oil. During packaging, olive oil should be stored at a temperature of 14-15 C and filled with nitrogen to avoid any oxygen interference.

Olive oil packaging also revolves around labels. Labels often satisfy buyer’s curiosity about content inside, nutritional value, country of origin and price. Hence, olive oil packaging companies must display labels visibly and with accurate information to attract buyers.

Olive oil is mostly used as edible oil, used for cooking purposes and is in demand in the market due to continuous rise in health awareness and veganism. Its rising demands have given a boost to the olive oil packaging industry and introduced new trends in the industry like ‘bag in a box’ packaging.

Olive oil packaging is challenged by ‘on-tap’ sales of oil which sold oil directly from the taps to the customers. It would allow customers to taste and touch oil before buying it. However, these services are declining due to hygiene and wastage issues. The UK has already banned ‘on-tap’ sale of oil.

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Olive Oil Packaging Market-Segmentation

On the basis of material used for packaging-

  • Glass
  • Plastic
  • Steel & Tinplate
  • Paperboard

On the basis of packaging type-

  • Bottle & Jars
  • Bag in a box
  • Tetra Bricks
  • Pouches
  • Cans

On the basis of End Usage Industry-

  • Food & Beverage
  • Personal Care
  • Pharmaceutical

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Olive Oil Packaging Market- Regional Outlook

Mediterranean food has olive oil as one of its primary element thus increasing both consumption and production of olive oil in Europe, also giving rise to olive oil packaging in the region. Italy being the chief consumer of glass bottles for olive oils leaves less scope to be replaced easily. North America being a top producer of olive oil contributes to the olive oil packaging market significantly and is expected to increase with a good growth rate. APAC region holds great potential for growth in olive oil packaging due to mass-producing nations like China and India and also due to increasing awareness about healthy lifestyle and diet plans.

Despite the optimistic outlook, there might be some challenges that might obstruct the growth of global olive oil packaging market. The government rules and regulations regarding plastic materials used for the packaging market may affect the global olive oil packaging market.

Olive Oil Packaging Market- Key Players

Sidel S.A., Avonflex Ltd., Scholle IPN, Smurfit Kappa Group, Emami Agrotech Pvt. Ltd., Tate & Lyle Plc, Sun Pack Corporation, WikiCell Designs Inc., Tipa Corp., Skipping Rocks Lab, Devro plc, MonoSol, LLC are some of the key players in the olive oil packaging market.

The olive oil packaging market report 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 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 market segments and geographies.

The Regional analysis includes-

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • East Asia
  • South Asia
  • Middle East & Africa (MEA)

Report Highlights:

  • A detailed overview of the parent market of olive oil packaging
  • Changing market dynamics in the industry
  • In-depth segmentation of the olive oil packaging market
  • Historical, current, and projected size of the market, regarding volume and value
  • Recent industry trends and developments
  • Competitive landscape in the market
  • Strategies for key players operating in the market and products offered by them
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on performance of the market
  • Must-have information for market players to sustain and enhance their market footprint in the olive oil packaging market

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

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.

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
  • Europe
  • 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?

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.

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Olive Oil Packaging Market

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