Oblong Container Market Analysis

With the changing consumer habits and inclination towards convenient lifestyles, the demand for oblong containers will continue to grow throughout the forecast period. The oblong containers is a cheaper alternative to other packaging formats suitable for similar applications. Polyethylene and Polypropylene account for dominant market share in the global oblong containers market. Some of the restraint present in the market is the introduction of a new shaped container that is more efficient and cheaper than oblong container might hamper the demand in the next few years. Also, the increasing restrictions over the use of plastic materials will boost the demand for aluminum foil based oblong containers. The recent trend noticed in the global oblong container market is the development of high-quality oblong containers with the help of research and development activities. The companies are focusing to stand out in the competition through offering highly innovative oblong containers to lure consumer attention and beat the competition. Oblong container market is fragmented in emerging as well as developed economies of the world with the presence of a number of players in these countries. The future outlook of oblong container market is positive and is expected to continuously benefit from the consume inclination towards packaged food products.

Oblong Container Market: Market Segmentation:

Oblong Container Market: Regional Overview

On the basis of region, the Oblong Container market is segmented as North America, Latin America, Eastern Europe, Western Europe, APEJ (Asia-Pacific Excluding Japan), Middle East & Africa, and Japan. Due to the widely accepted design features of the oblong containers, the demand is expected to increase continuously throughout the forecast period. Oblong containers are the most common type of storage containers that offer optimum protection to the products stored in it. The Asia-Pacific region dominates the global oblong containers market with a market share of more than 45% in 2018. In the Asia-Pacific region, China and India account for the largest market share and continue to dominate the market, during the forecast period. The primary application areas of the oblong containers in these countries are fast foods, reusable lunchbox, and other packaged food products. The oblong container market in Latin America region is expected to grow tremendously with the increase in consumer inclination towards convenience food products. In MEA region, Saudi Arabia and UAE account for more than 50% of the market share in the oblong container market in 2018. However, in North America region, the U.S. dominates the market with market share of more than 90% in 2018. Japan also offer untapped growth potential in the global oblong container market.

Oblong Container Market: Market Players

Some of the key players in the oblong container market are Pactiv LLC, The Decor Corporation Pty Ltd, D&W Fine Pack LLC, Amcor Limited, Dart Container Corporation, Sabert Corporation, Berlin Packaging, among others.

The Oblong Container 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 Oblong Container Market report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The Oblong Container Market report also maps the qualitative impact of various market factors on market segments and geographies.

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