The global bakery packaging market is predicted to grow at a CAGR of 5.1% during the period 2018-2022.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The latest trend gaining momentum in the market is the growing vendor consciousness toward sustainable packaging. Vendors are increasingly manufacturing sustainable and recyclable packaging solutions owing to the increasing awareness of the ill-effects of synthetic and plastic products on the environment and eventually on human health.
According to the report, one of the major drivers for this market is the growing e-commerce. Increased proliferation of baked products across e-commerce platforms such as Amazon.com and Flipkart is driving the demand for extensive packaging solutions.
Further, the report states that one of the major factors hindering the growth of this market is the volatility of raw material prices. The different types of raw materials used to fabricate bakery packaging solutions include paper, glass, metal and plastic. Declining global economic growth, production fields, the trend in investments, adversely affect the prices of the raw materials eventually impacting the growth of global bakery packaging market during the predicted period.
- Smurfit Kappa
Key Topics Covered
1. Executive Summary
2. Scope of the Report
3. Research Methodology
4. Market Landscape
5. Market Sizing
6. Five Forces Analysis
7. Market Segmentation by Food Type
8. Market Segmentation by Product
9. Customer Landscape
10. Regional Landscape
11. Decision Framework
12. Drivers and Challenges
13. Market Trends
14. Vendor Landscape
15. Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/38jrxb/bakery_packaging?w=4