An Incisive, In-depth Analysis on the Produce Packaging Market
This study offers a comprehensive, 360 degree analysis on the Produce Packaging market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Produce Packaging market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.
Produce is the generalized term for group of farm produced goods and crops, which include fruits, and vegetables such as oats, grains and meats. The term produce usually implies that products are fresh and in same state as they were when harvested. Various types of packaging are employed for produce such as corrugated boxes, bags & liners, trays, and plastic containers such as bowls, tubs, and cups.
Demand for Produce Packaging in Foodservice Industries and Retail Stores
Majority of consumers buying local food are seeking product freshness as well support to the local economy. With rising demand for gluten- and meat-free meal options, fresh produce has been gaining popularity in both foodservice industries and retail stores, as these seek ways to appeal consumers with dietary restrictions. In retail stores, demand for packaging of produce offerings, which are display-ready and being sold ready-to-eat will gain an uptick, in a bid to extend shelf-life of these produce offerings. Similarly, demand for produce packaging in foodservice industries will also remain higher, while providing healthier food options at the same time cutting down on labour costs and meal preparation time.
Increasing demand for organic food products is a major trend being witnessed in the global produce packaging market. Demand for natural and organic food is expected to gain an upsurge on the back of shifting consumer preference for healthy diets, which contain fewer growth hormones & antibiotics, and are low in carbohydrates. Organic agricultural products need superior packaging for increasing their shelf-life. Moreover, with soaring number of households with single person, demand for small-sized packs of fresh produce has surged significantly. Majority of retailers prefer small packages of fresh produce as they are compact, resulting into requirement for less shelf space and thereby leaving room for stacking more items. Benefits such as these have compelled packaging industries in expanding their material offerings and product portfolio.
Future Market Insights (FMI) has projected a moderate expansion for the global produce packaging market in its recent report, for the forecast period (2017-2022). Revenues from the market are estimated to exceed US$ 35,000 Mn by 2022-end.
Corrugated Boxes to Remain Preferred for Produce Packaging
On the basis of packaging type, corrugated boxes are expected to remain preferred in the global produce packaging market. Revenues from corrugated boxes’ sales are projected to account for more than 35% market share in 2017. In addition, sales of bags & liners, and plastic containers such as cups, tubs and bowls, for produce packaging are expected to account for roughly similar market revenue share in 2017. Sales of plastic containers will witness a robust expansion over the forecast period.
Growers/shippers are anticipated to remain the most attractive end-users of produce packaging, with revenues latching on to above half share of the market in 2017. Retail stores are expected to stick to their position of being the fastest expanding end-users of produce
Future Market Insights (FMI) offers an exhaustive, unbiased and insightful research report titled “Produce Packaging Market: Global Industry Analysis (2012-2016) & Opportunity Assessment (2017-2022)”. FMI’s report has explores the global market for produce packaging in detail, comprehensively covering the market dynamics and explaining readers of the report about key trends influencing this highly competitive market. In addition, this report renders analysis on data across various parameters of the market, which is done for arriving at relevant & significant numbers associated with the global produce packaging market. A competitive landscape of the global market for produce packaging has been included in this report, shedding light on information about key industries contributing to growth of the market.
Report Structure
The report’s first chapter provides the global produce packaging market’s executive summary, offering a précis of the market along with relevant market numbers, which are most significant. These market numbers include the historical CAGR for the period between 2012 and 2016, and the forecast CAGR for the period between 2017 and 2022. The executive summary also provides information about lucrative regions for produce packaging market from the perspective of rate of sales expansion and revenue share over the forecast period.
Following the executive summary, the next chapter comprises an overview of the global produce packaging market. The overview includes a brief introduction as well as a formal definition of – produce packaging, so as to convey report readers about the scope of the market. Next chapters of the report provide information about key dynamics, including drivers, restraints & trends, impacting the produce packaging market across the globe, covering key points such as bottom line of enterprises, fiscal stimulus, and the global economy.
The report’s succeeding chapters focus on offering information about pricing analysis and cost structure analysis of the market, along with study on the presence of key market participants with the aid of an intensity map.
Market Taxonomy
The report has segmented the global produce packaging market on the basis of application, end-user type, packaging type, and region, to deliver in-depth insights based on each segmentation. The chapters offering segmentation analysis include imperative market numbers in terms of revenue comparison, market share comparison, and Y-o-Y growth comparison. Region-wise, the global market for produce packaging has been divided into Middle East & Africa (MEA), Japan, Asia-Pacific excluding Japan (APEJ), Europe, North America, and Latin America.
|
Region |
Packaging Type |
End User Type |
Application |
|---|---|---|---|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
- |
Competition Landscape
Concluding chapter of the report comprises information about the competitive landscape of the global produce packaging market, wherein global market leaders have been profiled in detail. Information on the market players has been offered on the basis of product overview, company overview, SWOT analysis, key developments, and key financials related to the particular company. This chapter is invaluable for report readers, as it includes all necessary insights for analysing leading companies contributing to the market growth, and the way they implement their strategies as well as visions for staying at the forefront of this high competitive market.
Research Methodology
FMI’s report on the global market for produce packaging has been backed by a comprehensive research methodology, relying on both secondary and primary research for gaining all necessary information associated with the market. The information acquired has been validated a number of times by utilising proprietary tools. FMI’s clients can use this information as an authoritative source.
COVID -19 : Impact Analysis
Request the coronavirus impact analysis across industries and markets
Request Covid -19 ImpactGet in touch
Our Clients
CASE STUDIES
See how our work makes an impact.
At FMI, we design strategies that are adaptive, impactful, and implementable.