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Food Packaging Market in the APAC Region to Grow at a CAGR of 4.19% over the Period 2014-2019; Finds New Report

Market Research Reports, Inc. has announced the addition of “Food Packaging Market in the APAC Region 2015-2019” research report to their website http://www.MarketResearchReports.com

 

Lewes, DE -- (SBWIRE) -- 03/26/2015 -- Report forecast the Food Packaging market in the APAC region to grow at a CAGR of 4.19 percent over the period 2014-2019.

The Food industry is the largest of all industries in the world and plays an important role in the economy of any country. As packaged food products need to be preserved for a long period, they are packaged with extremely protective and durable materials. An increased demand for ready-to-eat food has brought about a transformation in the Packaging industry. The Food Packaging market is witnessing the emergence of many new and innovative packaging materials and techniques that not only increases the shelf life of a product but also enhance its aesthetic appeal. Some food packaging types include cups, cans, sachets, bottles, and tubs, which are made based on the requirement of the product as well as the convenience of customers.

The Food Packaging market in the APAC region can be categorized into five segments: Flexible, Rigid Plastic, Metal, Glass, and Others. Based on application, the market can be segmented into the Bakery, Confectionery, and Dairy Products; Meat and Meat Products; Sauces, Dressings, and Condiments; Fish and Seafood; Ready Meals; Fruits and Vegetables; and Other segments.

According to the report, growth in urban population and the resultant increase in demand for processed and prepared food have a significant impact on the growth of the market. Urban consumers increasingly prefer ready-to-eat products and are willing to spend on expensive food products.

Further, the report states that one of the key challenges faced by the market is contamination of packaged food. Chemicals used in packaging materials may contaminate the food products stored in them. Vendors in the market have to invest heavily in R&D to develop packaging products that do not react with the content.

Food Packaging Market in APAC 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Food Packaging market landscape in the APAC region and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Food Packaging Market in the APAC Region: Amcor Ltd., Crown Holdings Inc., Owens-Illinois Inc., Rexam plc and Tetra Pak International SA

Other Prominent Vendors in the market are: Ardagh Group, Ball, Bemis, DS Smith, Graham Packaging, Linpac Packaging, MeadWestVaco, Mondi Group, Reynolds Group Holding, RockTenn, Verallia, Sealed Air and Stora Enso.

Market Driver
- Rise in Urban Population
- For a full, detailed list, view our report

Market Challenge
- Contamination of Packaged Food
- For a full, detailed list, view our report

Market Trend
- Demand for Quality and Convenience
- 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 88 pages and 43 Exhibits "Food Packaging Market in the APAC Region 2015-2019" report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Market Segmentation by Product Type, Market Segmentation by Application, 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, Other Prominent Vendors.

For further information on this report, please visit- http://www.marketresearchreports.com/technavio/food-packaging-market-apac-region-2015-2019

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