Report forecast the
Confectionery Packaging market in the US to grow at a CAGR of 4.22 percent over
the period 2014-2019
Confectionery products are
popular among all age groups. In addition, sale of confectionery products is independent
of seasons or occasions. Packaging is an essential part of confectionery goods
as it preserves their quality, texture, and taste. Confectionery dealers always
look for packaging vendors that can provide innovative and aesthetically
appealing packaging solutions, as it helps improve sales by enhancing product
visibility.
The forecast for the
Confectionery Packaging market in the US is based on revenue and unit sales of
confectionery packaged products in the market. In terms of revenue, there is a
growing demand for small-sized packaging. Many retailers are opting for
secondary packaging of goods rather than primary packaging. Many confectionery
vendors are looking for light-weight materials to package their goods. Another
trend in the market that is influencing its growth is the increased demand for
recycled and biodegradable materials for packaging.
In terms of the unit sales,
flexible packaging is witnessing rapid growth because of the demand for
stand-up pouches.
According to the report, one
of the major factors that drive the market in the US is innovation in
packaging. Eye-catching and novel packaging designs give retailers a
competitive edge over other vendors in terms of product visibility.
Further, the report states
that fragmentation of plastic packaging market is one of the major challenges
that the market faces. The Global Plastic Packaging market is highly fragmented
and competitive with the presence of many players worldwide. Many vendors
prefer plastic as it increases the shelf-life of products. Most players
operating in the global market are MSME companies whose business model is
different from large corporations.
Confectionery Packaging
Market in the US 2015-2019,
has been prepared based on an in-depth market analysis with inputs from
industry experts. It also covers the market landscape of the Confectionery
Packaging market in the US and its growth prospects over the coming years. The
report includes a discussion of the key vendors operating in this market.
Key players in the Confectionery
Packaging Market in the US: Amcor Ltd., Bemis Company Inc., Crown Holdings Inc.
and Owens-Illinois Inc.
Other Prominent Vendors in
the market are: AptarGroup, Graham Packaging, Graphic Packaging, Hood
Packaging, Kraft, MeadWestvaco Corporation, Silgan Holdings, Solo Cup Company,
Sonoco Products and Sweetheart Holdings.
Key Market Driver
- Rise in Popularity of Premium Packaging
- For a full, detailed list, view our report
Key Market Challenge
- Intense Competition
- For a full, detailed list, view our report
Key Market Trend
- Growth in Organized Retail
- For a full, detailed list, view our report
Key Questions Answered in this Report
- What will the market size be in 2019 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?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 67 pages “Confectionery Packaging Market in the US 2015-2019” report
covers the Executive Summary, List of Abbreviations, Scope of the Report,
Market Research Methodology, Introduction, Market Landscape, Market
Segmentation by Type of Packaging Material, Market Segmentation by Type of
Packaging Material, Market Segmentation by Type of Confectionery Product,
Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market
Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their
Impact, Vendor Landscape, Key Vendor Analysis.
For further information on this report, please visit- http://mrr.cm/4fH
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