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Personalized Packaging Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2016–2024


Sarasota, FL -- (SBWIRE) -- 06/08/2018 -- Global Personalized Packaging Market: Overview

Metals such as steel & aluminum, plastic grades, for instance, polyethylene (PE), and polyethylene terephthalate (PET), paperboard, and glass are mainly utilized for packaging. Robust expansion of the manufacturing division in emerging economies, mainly in India, China, Brazil, & South East Asian countries is expected to propel the usage of these materials in the coming years.

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Global Personalized Packaging Market: Growth Factors

Several manufacturers are gradually increasing the usage of personalized packaging for making their brand image amongst the end users. Generally, secondary packaging is transformed for making the exceptional identity of the brands or products in the market. Apart from enhancing the aesthetic form of the product, the personalized packaging is majorly utilized for upholding the product at the time of transit by customizing the packaging based on the dimensions of the commodity. Increasing customer disposable income accounts augmenting the demand and requirement for luxury packaging.

Global Personalized Packaging Market: Segmentation

In terms of material type, the global personalized packaging market has been classified into paper & paperboard, glass, metal, and plastic. The paper & paperboard division is further divided into carton board, corrugated and paper. The plastic division is categorized ahead into LDPE, HDPE, PP, LLDPE, PET, and others. In terms of packaging type, global personalized packaging market is classified into jars & containers, bottles, cartons, boxes and envelopes, and pouches & bags. In terms of end users, the global market is divided into food and beverages segment; the beverages division is further segregated into an alcoholic as well as non-alcoholic beverages. The food division is divided into sauces & dressings, baby food, bakery & confectionery, dairy products, and other sub-division. Alcoholic beverages segment are further fragmented into wine, beer, and spirits; in addition to this, non-alcoholic beverages are divided into juice, soda, milk as well as bottled water.

Among end-use divisions, beverages section is anticipated to dominate and lead the global market in the coming years. Growing customization and innovative changes in beer glass bottles are likely to improve the expansion of the global personalized packaging market.

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Global Personalized Packaging Market: Regional Analysis

The Asia Pacific region is projected to account for the biggest share in the global personalized packaging market owing to the rise in disposable income of the consumers as well as the backdrop of high concentration of the packaging manufacturers. North America is anticipated to trail the Asia Pacific region in the global personalized packaging market as the region is likely to have the highest per capita usage of packaging. The Middle East and Africa region are projected to contribute very less but in the coming years will experience a rapid growth in the global personalized packaging market. Expansion in the global personalized packaging market in Latin America region is anticipated to be moderate in the coming future.

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Global Personalized Packaging Market: Competitive Players

Some of the most important market players in the global personalized packaging market are Salazar Packaging, Inc., Owens Illinois Inc., PrimeLine Packaging, Design Packaging, Inc., Elegant Packaging, International Packaging Inc., ABOX Packaging, Pak Factory Inc., CB Group, ACG Ecopak, Huhtamaki Oyj, SoOPAK Company, Smurfit Kappa Group, The Mondi Group Plc., ProAmpac LLC., and Glenroy Inc., among others.

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