Global PVDC Coating Food Packaging Market
Posted by Ganesh Mane on April 22nd, 2021
Global PVDC Coating Food Packaging Market was valued at US$ 325.1 Mn in 2019 and is expected to reach US$ 501.2 Mn by 2026, at a CAGR of 5.56% during a forecast period. The report includes the analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors.
Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.
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Dairy Products is expected to hold the largest share in the market during the forecast period owing to rising demand for dairy products among developing countries such as India and China. In addition, the growing GDP of various countries and increasing production of dairy products are other driving factors of the market. Meat, Poultry & Seafood is also expected to lead the market growth in a positive way during the forecast period. Polyvinylidene Chloride (PVDC) is a vinyl polymer, which is used as raw material for food packaging. Major driving factors of the market are the growing living standard of a consumer, increasing middle-class population across the globe, rising urbanization, the growing disposable income of consumers, and changing the preference of consumers towards flexible packaging solutions. The growing trend of packaged food is expected to surge the market growth during the forecast period. Expansion of the food & beverages industry is increased across the globe is also driving the PVDC coating food packaging market growth. PVDC has flexible properties, which is expected to fuel the market growth during the forecast period. The report provides an in-detail list of drivers and restraints, which are influencing the market growth.
Additionally, provides expected opportunities and emerging trends. North America is expected to hold the largest share in the market during the forecast period owing to a rise in disposable income of consumers and changing lifestyles of the consumers. Government regulations are strict regarding the environment in North America and PVDC coating food packaging is eco-friendly is also expected to boost the market growth in this region. In addition, the rising popularity of PVDC coating food packaging in the food & beverages industry is fuelling market growth.
Asia Pacific is expected to generate the highest CAGR during the forecast period. The report includes a detailed study of Porter’s Five Forces model to analyze the different factors affecting the growth of the market. Moreover, the study also covers a market attractiveness analysis, PESTLE analysis, Value Chain Analysis, and SWOT analysis.
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Global PVDC Coating Food Packaging Market, by Application
• Dairy Products • Fruits And Vegetables • Baby Food • Confection • Meat, Poultry & Seafood • Pet Food • Others
Global PVDC Coating Food Packaging Market, by Region
• North America • Europe • Asia-Pacific • Middle East & Africa • South America
Key Players Operating in the Global PVDC Coating Food Packaging Market
• Innovia Films • Kreh alon Food Packaging • Marubeni Group • MSP Corporation • Bilcare Solutions • Caprihans • Cryovac • Perlen Packaging • SKC • Cryovac • Krehalon Food Packaging • FILCON • Sealed Air • CCL Industries • Jindal Poly Films
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About the AuthorGanesh Mane
Joined: January 27th, 2021
Articles Posted: 125
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