NEW YORK, Oct. 27, 2023 /PRNewswire/ — The skin packaging market size is expected to grow by USD 5.89 billion from 2022 to 2027. In addition, the growth momentum of the market will progress at a CAGR of 8.99% during the forecast period, according to Technavio. Rising demand for skin packaging in meat packaging is notably driving the skin packaging market. However, factors such as volatility in raw material prices of skin packaging materials may impede market growth. The market is segmented by Material (Plastic films, Paper and paperboard, and Others), Type (Non-carded skin packaging and Carded skin packaging), and Geography (APAC, North America, Europe, Middle East and Africa, and South America).
Technavio has announced its latest market research report titled Global Skin Packaging Market 2023-2027
We provide a detailed analysis of 20 companies operating in the skin packaging market including adapa Holding GesmbH, AK Packaging, Amcor Plc, Berry Global Inc., Clearwater Packaging Inc., Clondalkin Group Holdings BV, Dow Chemical Co., FLEXOPACK SA, G.MONDINI Spa, Gruppo Fabbri Vignola S.p.A, KM Packaging Services Ltd, KP Holding GmbH and Co. KG, MULTIVAC Sepp Haggenmuller SE and Co. KG, Plastopil Hazorea Co. Ltd., Sealed Air Corp., Sealpac International BV, Stamar Packaging, WestRock Co., Wihuri International Oy, and Windmoller and Holscher KG. The report offers an up-to-date analysis of the market, and to know the exact growth variance and the Y-O-Y growth rate, Request a Sample Report.
Skin Packaging Market 2023-2027: Company Analysis
Wihuri International Oy: The company offers skin packaging such as vacuum pouches that can be used to package fresh and processed meats, cheese, seafood, and other perishable products.
This report provides a full list of key companies, their strategies, and the latest developments. Buy Now for detailed company information
Skin Packaging Market 2023-2027: Segmentation
Material
The plastic films segment is significant during the forecast period. Factors like rapid urbanization and rising consumer disposable income are changing diets. Ready-to-eat meals (RTE) are preferred as they save time and energy.
The report mentions other segments such as Type (Non-carded skin packaging and Carded skin packaging).
Geography
APAC will contribute 39% to the growth of the global market during the forecast period. The market growth can be attributed to factors such as exponential population growth, growing middle-class consumption of goods, and the rise of mobile and e-commerce.
The report mentions growth opportunities in other regions including North America, Europe, Middle East and Africa, and South America.
Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View PDF Sample Report
Skin Packaging Market 2023-2027: Key Highlights
Historic Market Size 2017-2021
CAGR of the market during 2023-2027
Detailed information on factors that will assist skin packaging market growth during the next five years
Estimation of the skin packaging market size and its contribution to the parent market
Forecasts on upcoming trends and changes in consumer behavior
The growth of the skin packaging market
Analysis of the competitive landscape and detailed information on companies
Comprehensive details of factors that will impede the growth of skin packaging market companies
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The Asia-Pacific (APAC) – Packaging Coatings Market size is estimated to grow at a CAGR of 4.64% between 2022 and 2027. The market size is forecast to increase by USD 432.18 million.
The North America – cannabis packaging market size is estimated to grow at a CAGR of 25.96% between 2022 and 2027. The market size is forecast to increase by USD 2,673.37 million.
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Skin Packaging Market Scope |
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Report Coverage |
Details |
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Base year |
2022 |
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Historic period |
2017-2021 |
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Forecast period |
2023-2027 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 8.99% |
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Market growth 2023-2027 |
USD 5.89 billion |
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Market structure |
Fragmented |
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YoY growth 2022-2023 (%) |
8.55 |
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Regional analysis |
APAC, North America, Europe, Middle East and Africa, and South America |
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Performing market contribution |
APAC at 39% |
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Key countries |
US, Canada, China, India, and UK |
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Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
ToC:
Executive Summary
Market Landscape
Market Sizing
Historic Market Sizes
Five Forces Analysis
Market Segmentation by Material
Market Segmentation by Type
Market Segmentation by Geography
Customer Landscape
Geographic Landscape
Drivers, Challenges, & Trends
Company Landscape
Company Analysis
Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
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SOURCE Technavio