Water Resistant Packaging Market: An Overview
All products need to be protected and consequently need to be packed in the containers which ensure the quality of the product till the point of consumption. The global need towards the effective packaging solutions which can protect the product from moisture and light are expected to gain significant attention from various end users. The water resistant packaging are proven to preserve the quality and stability of the products for a longer time without any spillage or tampering. The water resistant packaging always guarantees the product safety against water and hence it is widely used in end-user industries such as food & beverage, pharmaceuticals, cosmetics and personal care, electrical & electronics, and others. The availability of recyclable grade water resistant packaging help to minimize the disposable costs. Also, the printing on the water resistant packaging help manufacturers to promote the brand value and addition of extra layer enhanced the shelf life of the product. Thus, the global outlook for water resistant packaging market is expected to remain positive during the forecast period.
Water Resistant Packaging Market: Dynamics
Several end user witnesses the damage of products more due to environmental constraints such as water, moisture and light exposure than the physical damage. The task becomes even more severe when pharmaceuticals, food & beverage, or fine chemicals are moisture-sensitive, making them particularly prone to damage. These factors are expected to escalate the growth of global water resistant packaging market during the forecast period. The excellent water and moisture barrier properties of water resistant packaging widen their applications in various end-user industries. The extensive use of water resistant packaging in industries such as food & beverage, pharmaceuticals, cosmetics & personal care, chemicals, and others likely to propel the growth of global water resistant packaging market during the forecast period. The lamination on water resistant packaging appears to improve its barrier properties against water and moisture. Ultimately it enhances the shelf life of products and eliminates the need for secondary packaging. Such factors are expected to drive the growth of the global water resistant packaging market during the forecast period. The paper and paperboard material segment is expected to be highly attractive due to its recyclable nature and projected to drive the water resistant packaging market during the forecast period. Hence, the global outlook for water resistant packaging market foreseen to remain positive during the forecast period.
Water Resistant Packaging Market: Regional Outlook
The Asia Pacific excluding Japan (APEJ) region is expected to dominate the global water resistant packaging market during the forecast period. The countries such as China and India are expected to drive the APEJ water resistant packaging market during the forecast period. The Western Europe region is expected to follow the APEJ region in terms of market value and volume. The continuous expansion of end-user industries in the Western Europe region appears as a key factor driving the growth of water resistant packaging market during the forecast period. The North America region is a significant shareholder of water resistant packaging market and projected to expand with remarkable growth rate during the forecast period. The regions such as Latin America and Eastern Europe are expected to register noteworthy CAGR of water resistant packaging market during the forecast period. The Middle East & Africa regions are projected to register a notable growth rate of water resistant packaging market during the forecast period.
Water Resistant Packaging Market: Key Players
Some of the key players operating the global water resistant packaging market are listed below:
- International Paper Company
- Georgia-Pacific LLC.
- Smurfit Kappa
- Mondi Group
- Amcor Limited
- Nichols Paper Products Company, Inc.
- Uflex Ltd.
- Moore Packaging Corporation
- Dynapac Co., Ltd.
- Domtar Corporation
The 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 report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Regional Analysis Includes-
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific excluding Japan (APEJ)
- Middle East & Africa (MEA)
Water Resistant Packaging Market: Segmentation
On the basis of material type, the water resistant packaging market is segmented into:
- Paper & Paperboard
On the basis of packaging type, the water resistant packaging market is segmented into:
- Flexible Packaging
- Bags and Pouches
- Laminated Tubes
- Rigid Packaging
- Bottles and Jars
- Container & cans
On the basis of end use, the water resistant packaging market is segmented into:
- Food & Beverage
- Electronic & Electrical
- Cosmetics & Personal care
- Chemicals and Fertilizers
Water Resistant Packaging Market Reports Highlights:
- A detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current, and projected market size regarding volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies for key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
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