Punnet Packaging - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Punnet Packaging Market accounted for $597.00 billion in 2018 and is expected to reach $926.14 billion by 2027 growing at a CAGR of 5.0% during the forecast period. Rapid growth of food and beverages industry, the effectiveness of punnet packaging in providing solutions over some alternatives such as paper-based packaging and perishable nature of exotic fruits are the factors driving the market growth. However, the preference of middle class people towards local vendors may hinder the market growth.
Punnet packaging is suitable for commonly used storing methods. It ensures the protection and freshness of the product. Also, punnets can be equipped with vents to ensure controlled oxygen flow in order to retain the freshness of the packaged fruits.
By End User, Horticulture segment is likely to have a huge demand during the forecast period as the produce has a much shorter shelf life as compared to agricultural produce. Based on geography, North America is going to have a lucrative growth during the forecast period owing to the presence of organized retail chains that sell fresh produce in sophisticated packaging arrangements such as punnets.
Some of the key players profiled in the Punnet Packaging Market include Smurfit Kappa Group, Leeways Packaging Services, Coveris Holdings, LC Packaging International, Quinn Packaging, Tacca Industries, Paccor Netherlands, T&B Containers, AVI Global Plast Private, Royal Interpack Group, Raptis Pax, Groupe Guillin, Infia, Ilip, and Alta Global.
• 500 gram and Above
• 300-500 gram
• 150-300 gram
• Upto 150 gram
• Molded Fiber Material
• Paper Material
• Plastic Material
Packaging Types Covered:
• Other Packaging Types
• Without Lid
• With Lid
Distribution Channels Covered:
• Other Distribution Channels
End Users Covered:
• Food and Beverages
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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