Pie Packaging Market share will expand till 2016-2024
Sarasota, FL -- (SBWIRE) -- 10/19/2017 -- Pies are basically baked pastry dough products whose ingredients may differ from region to region. They are one of the favorite confectionary food items all over the world and demand for pies is steadily increasing. The shape of the pies may vary depending on the region and in order to carry them conveniently different type of pie packages are being introduced in the market. These packages can be made out of different materials such as paper or plastic and they can be customized according to the preference of the customers.
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The global pie packaging market is segmented into its raw materials, package type, the shape of the box, and geography. On the basis of raw material, the market is divided into paperboard, plastic, and unfinished pine. Based on package type, the market is segregated into tins, containers, pans, and boxes which are further classified into boxes with window and boxes without window. On the basis of the box shape, the market is categorized into custom and a standard box shape. The standard box shape further includes quarter pie container, half pie container, deep pie containers and others. Based on geography, the market is diversified into Asia-Pacific, Europe, Latin America, North America, and the Middle East and Africa.
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The introduction of various modes of home delivery service for pies has led to an increasing consumption of pie all over the world. This has also positively influenced the pie packaging market. In recent times, the market demand for pie packages has remarkably increased as the suppliers are offering the pies in to-go containers due to their convenience and aesthetic appeal. The manufacturers are increasingly focusing on innovative package designing and formulations and are introducing new and modern production methods. However, environmental concerns arising due to the packaging material utilized and reduction in net market value due to changing prices may restrain the market growth.
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The largest share of the pie packaging market is held by the North America and Europe together. The growth in these regions can be specifically attributed to their large consumer base. The U.S. and Canada in North America and Germany, Spain, Italy, the U.K., and France in Europe are the major market contributors. Following North America and Europe in its market growth is Asia Pacific. Evolving lifestyle and increased disposable income have increased the demand of the pie packaging market. China, Japan, Australia, New Zealand, and India are some of the countries showing a potential growth rate in Asia Pacific region. Latin America and the Middle East and Africa may also show a fair share of the market growth in the coming years.
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Some of the major companies in the pie packaging market include Jessica Liu Dongguan A1 Packing & Stationery Co. Ltd., Shijiazhuang Chuangmei Paper Products Co. Ltd., Albany Packaging, PieBox Ltd., and Cassel Bear Ltd.