Trays & flow wraps are set to generate greater market revenue in the forecast period
A majority of cheese packaging demand is concentrated at hypermarkets and supermarkets
E-commerce expansion is creating an influx of opportunities for leading market players
With one-third market share, Europe continues to lead its way in the cheese packaging market
Cheese Packaging Market - Top Growth Drivers
- Increasing consumption of on-the-go cheese products is primarily driving the market
- Advanced packaging technologies such as vacuum packaging and modified atmospheric packaging are generating growth opportunities
- Advanced storage methodologies for long-distance transport of packaged cheese products are bolstering market growth
Cheese Packaging Market - Key Restraints
- High price of raw materials continues to negatively influence supply chain and restraining the market growth
- Competition Landscape of Cheese Packaging Market
- Some of the prominent players in the global cheese packaging landscape that are covered in this study include, but are not limited to, Winpak Ltd., Beery Global Inc., Sonoco Products Company, Kendall Packaging Corporation, Portco Packaging, Synpac Limited and Safepack industries Ltd. Manufacturers are investing in specialty packaging capable of providing protection against food spoiling agents such as moisture, air and microbial activity. Owing to increasing demand for safe and small packaging, market players are making investments in developing variety of flexible and aseptic packaging.
More about the Report
- This Future Market Insights study of 244 pages offers actionable insights on cheese packaging market. The market analysis is based on packaging format (boxes, cups, pouches, trays and flow wraps, containers and lids & foil), material (plastic, paper, aluminum and glass) and distribution channel (e-commerce, retail stores, convenience stores and hypermarkets) across seven regions (Europe, East Asia, South Asia, Oceania, North America, Latin America, MEA and Europe).
- Explore Extensive Coverage of FMI's Packaging Devices Landscape
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Press-release Source - https://www.accesswire.com/577140/Demand-for-Cheese-Packaging-to-Account-for-over-US-5-Bn-through-2029-Plastics-Are-Still-Preferred-Finds-Future-Market-Insights-in-a-New-Study
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