Periodization Considered for the Skin Packaging Market

The global Skin Packaging Market is projected to reach USD 9.67 Billion in 2020, growing at a CAGR of 4.94% from 2015 and 2020.

Browse 212 market data tables and 66 figures spread through 219 pages and in-depth TOC on “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”.

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High disposable incomes and changing lifestyles have led to an increase in the consumption of packed goods, which in turn drive the demand for skin packaging. Moreover, with increasing awareness about environmental hazards, the market will adopt technologies to develop sustainable packaging, which is environment-friendly, cost-effective, and requires less resources. The Asia-Pacific region accounted for around 35% of the total market share in terms of value, followed by Europe and North America.

The skin packaging market in developing countries such as China and India are projected to grow at a higher rate from 2015 to 2020. China is estimated to grow faster than any other country because of its strong economic growth, along with increase in food consumption and rapid urbanization.

The non-carded skin packaging market is projected to grow at the highest CAGR of 5.23% from 2015 to 2020. The skin packaging market was also dominated by the non-carded skin packaging segment, which accounted for 58% of the total market in 2014.

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The global market for skin packaging has been dominated by large players of the packaging industry such as 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.). Other payers include Bemis Company, Inc. (U.S.), Clondalkin Group Holdings B.V. (Netherlands), LINPAC Packaging Limited (U.K.), Display Pack Inc. (U.S.), and G. Mondini SpA (Italy).

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