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Retail Ready Packaging Market to accrue lucrative gains over the forecast timeframe

Author : Rahul Varpe | Published Date : 2019-06-27 

Global Retail Ready Packaging Market Report provides complete industry analysis, market outlook, size, growth, opportunities and forecast 2025. This report will assist in analyzing the current and future business trends, sales and revenue forecast. It provides top manufacturers information along with Manufacturing Cost Analysis, Industrial Chain, Sourcing Strategy and growth.

Retail Ready Packaging Market size was valued at over USD 58 billion in 2015 and is expected to exceed USD 71 billion by 2023, growing at more than 3% CAGR from 2016 to 2023. In terms of volume, retail packaging market size was over 29 million tons in 2015 and is likely to surpass 35 million tons by 2023, with estimated gains of more than 3.1% from 2016 to 2023.

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Europe retail ready packaging market was the dominant region owing to early adoption by marketers in the region; it is expected to witness notable growth over the forecast period. North America is anticipated to grow at a significant rate due to retail market growth in Canada and the U.S.

Rapid growth in the retail industry owing to increase in consumer purchasing power in India and China is likely to positively drive the Asia Pacific retail packaging market. South Africa and Turkey are expected to witness significant growth owing to shift in purchasing habits and growing preference for supermarket among consumers.

Reasons to Buy This Report:

1. Retail Ready Packaging market size & share forecast by product & application 2019-2025

2. Growth drivers, pitfalls & industry challenges

3. Key Retail Ready Packaging market growth opportunities & emerging business models

4. Competitive benchmarking with market share analysis and company profiles

Browse Complete Report Summary @ https://www.gminsights.com/industry-analysis/retail-ready-packaging-rrp-market

Beverages segment is also gaining popularity owing to less spillage risk, ease of handling, and longer shelf-life. Health & beauty is a lucrative segment due to attractive and luxurious packaging which makes the product more attractive and appealing to customers.

Bakery segment includes biscuit liners, baking trays, cake box, clamshell packaging, and cake bake discs. Change in eating habits and increasing trend for outside food is likely to drive growth in this segment.

Flower segment consist of flower boxes which are water resistant and designed for export purpose. Electronics segment is comprised of air cushion packaging, bubble bags, composite packs, counter displays, corrugated pallets, and labeled boxes. Growth in export industry is likely to be among the key factors to positively influence retail packaging market size in these industries.

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Retail ready packaging market share is comprised of Amcor, Mondi Group DS Smith, Smurfit Kappa Group, Creative Corrugated Designs, Caps Cases, ETT Verpackungstechnik, Industrial Packaging, i2i Europe, Linpac Packaging, Model Management, Mayr-Melnhof Karton, RFC Container Company, Polymer Logistics, and Robert Bosch.

About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. He can be contacted at- [email protected] | https://twitter.com/varperahul

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