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Retail Ready Packaging Sales Across Food & Beverages Sector Likely to Inflate amid Rising Preference to Shorten Labor Costs, Reports Fact.MR study

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Fact.MR

27 May, 2019, 11:30 GMT

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ROCKVILLE, Maryland, May 27, 2019 /PRNewswire/ -- With the growing provision for retail ready packaging for retailers, the inclination towards traditional retail packaging has declined. The overriding response towards retail ready packaging can be defined as their ability in enabling products to be placed directly onto the shelves or selling floor, without the need to unpack the inner contents. Fact.MR has vigorously compiled a new research study titled "Retail Ready Packaging Market Forecast, Trend Analysis & Competition Tracking - Global Market insights 2017 to 2026", which has been published on its online portal. It has been observed that demand for RRP is further encouraged by its indispensable role to improve product identification as well as augment brand visibility.

According to the investigated report, the global retail ready packaging market is likely to portray average growth at 4.6% CAGR, in terms of volume, during the stated forecast period until 2026. Furthermore, the study estimates the target market is projected to exceed US$ 100,000 in revenues by 2026-end. The fundamental motive of this assessment is to highlight the comprehensive scenario prevailing across the global retail ready packaging market, together with the anticipated future market status when influenced by ongoing trends and opportunities.

Request For Sample Report- https://www.factmr.com/connectus/sample?flag=S&rep_id=497

Food & Beverage Segment to Retain their Foremost End-User Position

The food & beverages end-user division is likely to dominate the global market for retail ready packaging. It has been noticed that, the market revenue share for this particular segment is considerably bigger as compared to other end-user segments combined. In the coming years, demand for retail ready packaging concerning food & beverages would be motivated by rising importance of curtailing labor costs through the elimination of product handling requirements.

Paper & Paperboard Likely to Remain the Preferred Material Type

The trendy material option is expected to be paper & paperboard, as most manufacturers are inclined towards its usage in handling ready packaging products. The most attractive aspects for the popularity of paper & paperboard can be accredited to its sustainability and recyclability features. Interestingly, a market revenue share surpassing 50% has been anticipated for paper & paperboard during the stated forecast period.

Browse Full Report on Retail Ready Packaging Market with In-depth TOC- https://www.factmr.com/report/497/retail-ready-packaging-market

Regional Bifurcation Reveals APEJ Collecting Significant Revenue Share

Based on research findings, the most profitable region during the forecast period acquiring major revenue share in the retail ready packaging market is valuated to be Asia-Pacific excluding Japan (APEJ). It is expected that sales of retail ready packaging products across APEJ are projected to seize over one-third market share during the period until 2026-end.

On the other hand, North America and Europe are likely to showcase their strength as chief markets for retail ready packaging. In the coming years, APEJ and North America are estimated to display highest CAGRs in the overall market through 2026.

Request Methodology of this Report- https://www.factmr.com/connectus/sample?flag=RM&rep_id=497

The competitive viewpoint associated to the retail ready packaging market involves leading players and their efforts to race ahead. Some of the primary manufacturers from the global retail ready packaging market are majorly stressing on improving their product portfolios via huge investments in research & development and acquisition of lighter firms with exclusive innovative technologies. The key companies boosting the expansion of the target market include Orora Packaging Australia Pty Ltd., Creative Corrugated Designs, Inc., Caps Cases Ltd., LINPAC Packaging, i2i Europe Ltd., International Paper Company, DS Smith plc, Smurfit Kappa Group plc., Amcor Limited and Mondi.

Popular Packaging Industry Market Reports from Fact.MR

Aluminium Foil Packaging Market- According to latest report on the global aluminium foil packaging market by Fact.MR, the market is expected to see steady growth in terms of value, registering a CAGR of 5.1% between 2017 and 2026. More than 10 million tons of aluminium foil packages are expected to be sold by the end of the forecast period.

Plastic Protective Packaging Market- The plastic protective packaging market is expected to surpass revenues worth US$ 14 billion in 2019. Plastic protective packaging market is expected to witness a relatively faster growth in East Asia, as China continues to gain significance as attractive hub for packaging manufacturers, upheld by growing demand from the electronics industry.

Packaging Coating Market- The global packaging coating market is projected to expand at modest CAGR of 5.5% during 2017–2022 and will cross a valuation of US$4,000 Mn by the end of this period. The rapid strides being made by functional packaging has considerably impacted the dynamics of the packaging coating market. Over the past few years, acrylic among various packaging coating types has been garnering popularity as an advanced functional packaging coating.

About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us
Rohit Bhisey
Fact.MR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/

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