The study covers geographic analysis that includes regions like Americas, APAC, EMEA and important players/vendors such as Crown Holdings, Owens Illinois, Tetra Pak International etc. The report will help you gain market insights, future trends and growth prospects for forecast period of 2022

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 About Food Packaging

Food packaging is a process of packing, storing, and protecting various food products against contamination and tampering, thus ensuring a long shelf life.

The analysts forecast the global food packaging market to grow at a CAGR of 5.39% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global food packaging market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of food packaging.

Commenting on the report, an analyst from HTF’s team said: “The latest trend gaining momentum in the market is Growing sales of food products on e-commerce Platforms. The food products, apart from being sold in retail outlets and shops, have entered the e-commerce platform. The food products sold on this platform should have durable primary packaging that ensures that the product is in good condition, retaining its quality and freshness. In addition to the primary packaging of food products, there is a crucial need for efficient secondary packaging to ensure safe shipment of the product to customers. Improper packaging of products leads to damage of the product, ultimately affecting the brand reputation and resulting in financial losses. Therefore, there is increased demand for secondary packaging of products.”

According to the report, one of the major drivers for this market is Prevent food counterfeiting. Food counterfeit is a major issue faced by manufacturers as well as consumers of food products. Food fraud costs the global food industry about $12 billion annually. For example, in 2016, 450-500 million pounds of Italian hard cheese was sold in the US market, out of which around 18%-22% of the overall volume comprised counterfeit product.

The market is divided into the following segments based on geography:

• Americas

• APAC

• EMEA

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Global Food Packaging Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

• Amcor

• Ball Corporation

• Bemis Company

• Crown Holdings

• Owens Illinois

• Tetra Pak International

Market driver

• Prevent food counterfeiting

• For a full, detailed list, view our report

Market challenge

• Volatility of raw material prices

• For a full, detailed list, view our report

Market trend

• Growing sales of food products on e-commerce

platforms

• For a full, detailed list, view our report

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Key questions answered in this report

• What will the market size be in 2022 and what will the growth rate be?

• What are the key market trends?

• What is driving this market?

• What are the challenges to market growth?

• Who are the key vendors in this market space?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.

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It’s vital you keep your market knowledge up to date. If you have a different set of players/manufacturers according to geography or needs regional or country segmented reports we can provide customization accordingly.

About Author: 
HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”. 

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