DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/6l8l7p/global_stick) has announced the addition of the "Global Stick Packaging Market 2015-2019" report to their offering.
The global stick packaging market to grow at a CAGR of 6.33% over the period 2015-2019.
Global Stick Packaging Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers North America, APAC, Europe, and ROW; it also covers the global stick packaging market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Increased Internet penetration and growth in e-commerce sales will play a significant role in the growth of online retailing. Faster shipping services and the growing fragmentation of consumer choice will also help in the growth of online retailing. There will be an increase in the demand for stick packaging as online retailing has led to a wide diversity of products. We expect a major upsurge in the demand for packaged dairy products through online channels.
According to the report, we see increased demand for single-serve packs because of the rising number of working people. Retailers prefer single-serve packs because they encourage consumers to spend more. Sustainability is also expected to gain increased market traction during the forecast period.
Further, the report states that plastic stick packaging products are usually difficult to dispose of. Plastics take a long time to degrade naturally. Many countries have banned the use of various grades of plastic, affecting the profit margins of the vendors.
- Constantia Flexibles
- Mondi Group
- Sonoco Products
Other prominent vendors
- Aaron Thomas
- Bosch Packaging
- GSC Packaging
- PNP Pharmaceuticals
- UDG Healthcare
For more information visit http://www.researchandmarkets.com/research/6l8l7p/global_stick