- The key vendors in the global ambient food packaging market 2015-2019 are Amcor Ltd., Rexam plc, RPC Group plc, SIG Holding AG and Tetra Pak International SA
London, 28 May 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the global ambient food packaging market 2015-2019. The demand for sustainable packaging materials is a key trend that is expected to push the market growth. With an increase in environment consciousness, food packaging vendors have developed biodegradable packaging that is more durable. The global ambient food packaging market 2015-2019 is expected to grow at a CAGR of 3.82 % during the forecast period of 2014-2019.
The growing population, increasing number of working women, increase in tourism, and growing demand for packaged food products are boosting market growth. Rigid plastics, papers and paperboard, flexible plastics, metals, and glass are some of the most commonly used packaging material for ambient foods.
“One of the major trends seen in the market is the increase in the consumption of food and beverages across the globe,” says Faisal Ghaus, Vice President of Technavio Research.
“Ambient foods are mainly packed in plastics because these materials are fast moving and are light and cheap, thereby reducing transportation costs and facilitating instant disposal.”
To define the market conditions in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
