The Global Punnet Packaging Market is expected to grow at a CAGR of 2.76% in the forecast period of 2021 to 2028. Rising demand for exotic packaged fruits and vegetables as a result of rising population and personal disposable income is driving growth in punnet packaging demand. The government's strict regulations for product safety and plastic use will pose a significant challenge to the growth of the punnet packaging market.
Punnet Packaging Market Scenario
According to Data Bridge Market Research the market for punnet packaging is expected to gain growth because of the rising demand for exotic packaged fruits and vegetables as a result of rising population and personal disposable income is driving growth in punnet packaging demand. Another important factor driving the growth of the punnet packaging market is the overall growth and expansion of the food and beverage industry. The attractive properties of punnet packaging material, such as protection, freshness, and so on, are also important market growth determinants. The government's strict regulations for product safety and plastic use will pose a significant challenge to the growth of the punnet packaging market. Plastics' non-biodegradability makes them an enemy of a healthy environment. This will further limit the punnet packaging market's opportunities for development.
Now the question is which are the other regions that punnet packaging market is targeting? Data Bridge Market Research has estimated Asia-Pacific is expected to increase at a high rate from 2021 to 2028, rising industrialization, urbanization, globalization, and the expansion and growth of the packaging industry Because of the increased use of punnet packaging by the food and beverage industries, China, India, Malaysia, and Japan will emerge as the region's major contributors.
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Punnet Packaging Market Scope
Punnet packaging market is segmented on the basis of countries into the U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa.
- All country based analysis of punnet packaging market is further analyzed based on maximum granularity into further segmentation. On the basis of capacity, the punnet packaging market is segmented into Up to 150 gm, 150-300 gm, 300-500 gm, 500 gm and above. On the basis of material type, the punnet packaging market is segmented into paper, moulded fibre and plastic. Plastic segment is further sub-segmented into polystyrene (PS), polypropylene (PP), polyethylene terephthalate (PET), polylactide (PLA) and polyvinyl chloride (PVC). On the basis of product type, the punnet packaging market is segmented into with lid and without lid. On the basis of application, the punnet packaging market is segmented into fruits, flowers and others.
- Fresh fruits and vegetables, flowers, and other items are packaged in punnets. Punnet packaging, like any other type of packaging, is easy to handle and transport. It increases the shelf life of the packaged items and protects them from contamination caused by outside factors. Punnet packaging is also useful for storing, labelling, grading, warehousing, and transporting food. Punnet packaging is transparent, which helps to grab the attention of customers, resulting in a higher sales rate. Punnets are more flexible in terms of shape and size because they are made of plastic.
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Key Pointers Covered in the Punnet Packaging Market Industry Trends and Forecast to 2028
- Market Size
- Market New Sales Volumes
- Market Replacement Sales Volumes
- Market Installed Base
- Market By Brands
- Market Procedure Volumes
- Market Product Price Analysis
- Market Cost of Care Analysis
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Market Upcoming Applications
- Market Innovators Study
Key Market Competitors Punnet Packaging Market Covered in the Report
- Smurfit Kappa,
- Liquibox,
- DS Smith,
- Innovative Packaging Company,
- Amcor plc,
- Coveris.,
- LC Packaging,
- Groupe Guillin SA,
- Paccor Netherlands B.V.,
- Leeways Packaging Services Ltd,
- Tacca Pty Ltd.,
- Raptis Pax.,
- INFIA srl,
- Mannok Pack,
- AVI Global Plast.,
- Royal Interpack Group,
- Alta., Ilip S.r.l.,
- T&B Containers Ltd.,
- Associated Packaging, Inc.
Above are the key players covered in the report, to know about more and exhaustive list of punnet packaging companies’ contact us, https://www.databridgemarketresearch.com/toc/?dbmr=global-punnet-packaging-market
Research Methodology of Global Punnet Packaging Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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