PUNE, India, October 29, 2015 /PRNewswire/ --
The report "Skin Packaging Market by Material (Plastic films, Paper & Paperboard, Others), Type (Carded, Non-carded), Heat Seal Coating (Solvent-based, Water-based, others), & Application (Food, Consumer goods, Industrial goods, others) - Global Forecast to 2020" Published by MarketsandMarkets, The global Skin Packaging Market is projected to reach USD 9.67 Billion by 2020, at a CAGR of 4.94% from 2015 to 2020.
Browse 212 market data Tables and 66 Figures spread through 219 Pages and in-depth TOC on "Skin Packaging Market - Global Forecast to 2020"
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The market report defines and segments the global Skin Packaging Market with analyses and forecasting of the global market size for skin packaging. It also identifies the driving and restraining factors of the market with an analysis of trends, opportunities, burning issues, winning imperatives, and challenges.
The global Skin Packaging Market is projected to reach USD 9.67 Billion by 2020, at a CAGR of 4.94% from 2015 to 2020. The Asia-Pacific region accounted for around 35% of the total market share in terms of value, followed by Europe and North America.
The market is segmented and the market sizes are forecasted on the basis of major regions such as North America, Europe, Asia-Pacific, and Rest of the World (RoW). The key countries are covered and their market sizes have been forecasted for each region.
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The Skin Packaging Market is mostly driven by the growing packaging and food industry, manufacturing activities, and the increase in spending by end consumers for packaged products. Rising concerns about the environment and stringent regulations towards packaging waste are encouraging manufacturers to increase their investment in R&D activities to develop sustainable packaging materials. This is likely to drive the demand for skin packaging because of its cost-effective features which require less resource for packaging and prevent food loss by extending the shelf life of the food product.
Some of the key players in the market include Sealed Air Corporation (U.S.), E.I. du Pont de Nemours and Company (U.S.), Bemis Company, Inc. (U.S.), The Dow Chemical Company (U.S.), and WestRock Company (U.S.).
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