DUBLIN, November 27, 2015 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/zqgklb/skin_packaging) has announced the addition of the "Skin Packaging Market by Material, Type, Heat Seal Coating, & Application - Global Forecast to 2020" report to their offering.
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The market for skin packaging is projected to be valued at USD 9.67 Billion by 2020. The Asia-Pacific market is projected to grow at the highest CAGR of 5.93% during the forecast period, that is, 2015 to 2020.
The skin packaging market has been growing in accordance with the growth in the food and packaging industries. Rising production in the meat industry and the growing trend of convenience food highlight the need for skin packaging, which can increase the shelf life of the product and protect the product for contamination.
Increasing disposable incomes of people, rapid urbanization, and changing lifestyles are likely to drive the demand for packed goods. This will further boost the market for skin packaging over the next five years. In addition to this, the rising competition and concern towards environment will increase the demand for innovative packaging options, which is cost effective, differentiates products and appeals customers. This will drive developments in technologies used for skin packaging.
The growth of the skin packaging market is primarily driven by the following:
The non-carded skin packaging market is projected to grow at the highest CAGR of 5.23% from 2015 to 2020. The skin packaging market was also dominated by the non-carded skin packaging segment, which accounted for 58% of the total market in 2014.
Scope of the Report:
This research categorizes the global skin packaging market based on type, base material, heat seal coating, application, and region:
Based on Base Material:
- Plastic films
- Paper & Paperboard
Based on Type:
Based on Heat Seal Coating:
Based on Application:
- Food
- Consumer Goods
- Industrial Goods
Based on Region:
Companies Mentioned:
For more information visit http://www.researchandmarkets.com/research/zqgklb/skin_packaging
Media Contact:
Laura Wood ,
+353-1-481-1716,
press@researchandmarkets.net
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