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Published Date: 2017-10-03Number of Pages: 209

Retail Ready Packaging Market (Material Type - Paper & Paperboard and Plastics; Product Type - Die Cut Display Containers, Corrugated Cardboard Boxes, Shrink Wrapped Trays, Plastic Containers, Folding Cartons, and Modified Cases; Application - Food (Dairy Products, Fruits & Vegetables, Pet Food, Baby Food, Confectionery, and Meat, Poultry & Seafood), Beverages, Health & Beauty Products, Household Products, Electronics, and Flowers) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

Global Retail Ready Packaging Market: Snapshot

The global retail ready packaging market is displaying rapid growth predominantly due to rapid growth of modern retail channels such as supermarkets, hypermarkets, and convenience stores across the world. In particular, in developing economies of Asia Pacific, formalization of retail supply chain and notable shift from traditional retail towards modern concept of retailing is leading to high demand for retail ready packaging over the last decade.

Further, the growth of retail industry, owing to increasing consumer purchasing power is likely to positively impact the retail ready packaging market. Packaging provides benefits of attracting consumer attention and easy stacking in retail outlets. It also provides benefits of easy handling and better on shelf availability through reduced waste and better stock replacement, which is valuable for business.

Despite a number of favorable growth factors, lack of industry standardization and additional supply chain cost for suppliers are negatively impacting the growth of retail ready packaging market.

As per estimates presented by a report by Transparency Market Research (TMR), the global retail ready packaging market will attract a revenue of US$60,521.1 mn by the end of 2017. Displaying a CAGR of more than 4.3% between 2017 and 2025, the market will touch a valuation of US$84,465.6 mn by the end of 2025.

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Food Application Segment to Continue to Lead Amongst all

The report studies the global retail ready packaging market on the basis of a few parameters, viz. material, product type, application type, and geography. The key segments, based on material, are paper & paperboard, plastics, and others. Paper & paperboard is anticipated to display significant growth rate over the forecast period on the back of recyclability and sustainability features of paper materials. For instance, approximately 92% of paper material is recycled in the U.S. as the material has maximum recycling rate.

On the basis of product type, the segments into which the global retail ready packaging market is divided are die cut display containers, corrugated cardboard boxes, shrink wrapped trays, plastic containers, folding cartons, modified cases, and others. The segment of die cut display containers is predicted to hold the leading market share over the forecast period. The ease of handling and ease of transport features is leading to the increasing adoption of die cut display containers for brand visibility.

Corrugated cardboard boxes is anticipated to emerge as a significant product type segment, with 1.4X growth vis-à-vis revenue between 2017 and 2025. Modified cases is also a significant product segment due to its extensive use in meat packaging as it increases the shelf life of the product.

Retail ready packaging finds extensive application in food, beverages, health & beauty products, household products, electronics, flowers, and others. The food segment is reporting a substantial revenue in the retail ready packaging market, and is likely to retain its dominance until the end of the forecast period in 2025. Beverages is also emerging as an attractive application segment in the retail ready packaging market, as it safeguards content from spilling. Health & beauty products is emerging as a lucrative application segment as it is attracts customers for aesthetic appeal.

Driven by Modernization of Retail, Asia Pacific to Emerge Significant

The global retail ready packaging market, on the basis of geography, is segmented into North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa. Vis-à-vis revenue, Europe is estimated to hold the dominant position in 2017.

However, Asia Pacific is expected to display the leading CAGR of 8.5% between 2017 and 2025. This is mainly because of modern trade channels in developing economies such as China and India.

DS Smith plc, Mondi, International Paper Company, Weedon Group, Orora Packaging Australia Pty Ltd, Smurfit Kappa Group plc, Amcor Limited, LINPAC Packaging, Caps Cases Limited, and Creative Corrugated Designs Inc. are the leading players in the global retail ready packaging market.

Retail Ready Packaging Market: Overview

This report provides forecast and analysis of the retail ready packaging market on global level. It provides actual data of 2016 along with estimated data of 2017, and forecast data up to 2025 in terms of revenue (US$ Mn) and volume (Mn Tons). The report also includes macroeconomic indicators along with an outlook on retail ready packaging consumption pattern across the globe. It includes drivers and restraints of the global retail ready packaging market and their impact on each region during the forecast period. The report also comprises the study of current issues with end users and opportunities for retail ready packaging manufacturers. It also includes value chain analysis.

Retail Ready Packaging Market: Scope of Study

In order to provide users of this report with comprehensive view of the market, we have included detailed competitiveness analysis and company players with their SWOT analysis and strategy overview. The dashboard provides detailed comparison of retail ready packaging manufacturers on parameters such as operating margin, total revenue, product portfolio, and what we call ‘innovation scale’. The study encompasses market attractiveness analysis by product type, by material type, by application and by region.

The report includes consumption of retail ready packaging and the revenue generated from sales of retail ready packaging across the globe and key countries. On the basis of material, the global retail ready packaging is segmented into paper & paperboard, plastics and others On the basis of product type, the global retail ready packaging market is segmented into die cut display containers, corrugated cardboard boxes, shrink wrapped trays, plastic containers, folding cartons, modified cases and others. On the basis of application, the global retail ready packaging market is segmented into food, beverages, health & beauty products, household products, electronics, flowers, and others. Food packaging consists of various comestible products such as dairy products, fruits & vegetables, pet food, baby food, confectionery, meat, poultry & seafood and others.

Retail Ready Packaging Market: Research Methodology

Market numbers have been estimated based on extensive secondary and primary research, average pricing of retail ready packaging by product type and the revenue is derived through regional pricing trends. Market size and forecast for each segment have been provided in the context of global and regional markets. The retail ready packaging market has been analyzed based on expected demand. Prices considered for the calculation of revenue are average regional prices obtained through primary quotes from numerous regional retail ready packaging manufacturers, suppliers, and distributors. All key end users have been considered and potential applications have been estimated on the basis of secondary sources and feedback from primary respondents. Country demand patterns have been considered while estimating the market for various end users of retail ready packaging in the different regions. Bottom-up approach has been used to estimate the retail ready packaging market by regions. Global market numbers by product type, by material type and by application have been derived using the bottom-up approach, which is cumulative of each country’s demand. The same has also been validated from top-down approach. Company-level market share has been derived on the basis of revenues reported by key manufacturers. The market has been forecast based on constant currency rates.

A number of primary and secondary sources were consulted during the course of the study. Secondary sources include Factiva, FAO, Packaging Digest, and Hoover’s, and company annual reports and publications.

Retail Ready Packaging Market: Competitive Landscape

The report provides detailed competitive and company profiles of key participants operating in the Global market. Some of the leading players in the global retail ready packaging market includes DS Smith plc, Smurfit Kappa Group plc, Mondi, Amcor Limited, International Paper Company, LINPAC Packaging i2i europe Ltd, Caps Cases Limited, Orora Packaging Australia Pty Ltd, Creative Corrugated Designs, Inc.    

The global retail ready packaging market are segmented as follows

By Material Type

  • Paper & Paperboard
  • Plastics
  • Others (Metals, Fiberboard, Glass, etc.)

By Product Type

  • Die cut display containers
  • Corrugated cardboard boxes
  • Shrink wrapped trays
  • Plastic Containers
  • Folding Cartons
  • Modified cases
  • Others (Promotional Bins, Recycled Plastic Containers, etc.)

By Application

  • Food
    • Dairy Products
    • Fruits & Vegetables
    • Pet Food
    • Baby Food
    • Confectionery
    • Meat, Poultry & Seafood
    • Others
  • Beverages
  • Health & Beauty Products
  • Household Products
  • Electronics
  • Flowers
  • Other (Gifts, Fashion items, etc.)

By Region

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa


 
 
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