Global Fast-Moving Consumer Goods Packaging market to grow at a CAGR of 4.4% during the period 2016 - 2020; Finds New Report

Report forecast the global FMCG packaging market to grow at a CAGR of 4.4% during the period 2016-2020.

Fast-moving consumer goods are manufactured and purchased to satisfy consumer requirements in segments such as food, beverages, pharmaceuticals, cosmetics, and household products. Food products, beverages, and pharmaceuticals need durable packaging to prevent any spoilage or contamination.

FMCG includes non-durable, consumable goods such as soft drinks, toiletries, over-the-counter drugs, and processed foods. These products have a short shelf life because of high consumer demand and rapid deterioration of these products.. Other goods like alcohol, toiletries, pre-packaged foods, soft drinks, and cleaning products have high turnover rates. FMCG products are usually purchased through loyalty or from impulsivity; decisions are made often because of brand recognition or price reductions.

So it is an industry that is heavily supported through advertisements and promotional events by the manufacturers. Vendors are exploring new outlets and sales locations while traditional retailers have introduced private label brands to capture additional profits.

The report covers the present scenario and the growth prospects of the global FMCG packaging market for 2016-2020. To calculate the market size, the report takes into account the total revenue generated from the different geographical regions.

The market is divided into the following segments based on geography:

• Europe
• APAC
• North America
• ROW

According to the report, in order to meet the international regulatory compliance standards for safety, demand from the pharmaceutical industry for durable, tamper-resistant packaging is increasing. The inert properties of plastic, along with its durability, cleanliness, transparency, and light weight have made it a popular option for packaging complex medical products.

Further, the report states that the cost of packaging products depends on the cost of raw materials like aluminum, plastic, and paper, so fluctuation in raw material prices is an issue in the industry.

Global FMCG Packaging Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Global FMCG Packaging Market:  Amcor, Ball, Berry Plastic, Crown Holdings and Tetra Pak.

Other Prominent Vendors in the market are: American International Container, Applied Extrusion Technologies, Ardagh Group, Blue Ridge Paper Products, Bolton Group, Bomarko, Chesapeake, Consol Glass, Huhtamaki, Jiangsu Zhongda New Material Group, Solo Cup, Westrock, Sonoco Products, Stanpac, Steripack, Tetra Laval International, Toyo Seikan Group Holdings, UFLEX, Vacumet.

Market driver

• Demand from healthcare sector
• For a full, detailed list, view our report

Market challenge

• Fluctuation in raw material prices
• For a full, detailed list, view our report

Market trend

• Increased demand from developing countries
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2020 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 71 pages and 39 Exhibit “Global Fast-Moving Consumer Goods Packaging Market 2016 - 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market Overview, Market Landscape, Market opportunity assessment, Market segmentation by material, Market segmentation by end user, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape.

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