Bakery Packaging Market share by applications and regions for 2017- 2024

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Bakery Packaging Market share by applications and
regions for 2017- 2024
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• Overview

• Global Bakery Packaging Market size is likely to
  witness a healthy CAGR over the projected
  timeframe. Packaging plays a vital role for
  attracting consumers as well as in proper storage
  and transportation of bakery products. 
• Rising consumer inclination towards packaged and
  frozen food products which is attributed to rapid
  urbanization and rising per capita consumer
  income primarily in the emerging economies is
  likely to make a prominent contribution towards
  bakery packaging market during the forecast
  period.
• Moreover, retailers preference for single
  serving and multipacks as they occupy low shelf
  space enables them to offer consumers with new
  and multiple varieties of bakery products in
  desirable quantities which will help attain
  significant bakery packaging market size by 2024.
• Storage convenience, availability of variable
  sizes and affordable prices are some factors
  which shall positively influence bakery packaging
  market size in the coming years. Based on the
  material, bakery packaging market size is
  classified into flexible, rigid and metal
  packaging. In 2016, flexible segment accounted
  for the largest share of the total bakery
  packaging market size and is anticipated to show
  similar growth trends over the next few years.

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• Rising demand of flexible retort, stand-up
  pouches, films sheets, bags and plastic tubs
  for bakery food products packaging is a prime
  factor responsible for this segments growth.
  Several value-added benefits of flexible
  packaging include lightweight, which lowers the
  overall transportation cost and eventually lowers
  the carbon footprint.
• Additional benefits of flexible bakery packaging
  include reduction in landfill waste and lesser
  energy requirements in manufacturing
  process. Other product offerings in flexible
  bakery packaging segment includes
  biaxially-oriented polyethylene terephthalate
  (BoPET), having superior tensile strength,
  transparency, reflectivity and chemical
  stability. Ethylene vinyl alcohol and polyamide
  are employed as oxygen barriers in dairy
  packaging for properties such as recyclability,
  thermoform and flexibility.
• Rigid bakery packaging market demand is fueled by
  advancement in polymer packaging materials and
  expansion of retail distribution chain. Products
  including plastic boxes and thin wall packaging
  aids in enhancing brand appeal and modernity.
  Additionally, companies are introducing new
  packaging using rigid materials.

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• 360 Analysis

• Plastics introduced new polypropylene grade
  molded in tapered box for packing gelato in 2015,
  which gives the product an increased shelf life
  and henceforth expands its consumer base. The
  metal bakery packaging market size includes
  boxes, tins and containers, most of them made
  from aluminum, due to its lightweight and
  superior thermal properties.
• Based on packaging technique, the global bakery
  packaging market size is segmented into vacuum
  packaging, flushing with inert gases, active
  packaging, gas packaging and modified atmosphere
  packaging. Vacuum bakery packaging market size
  has gained popularity in recent years due to its
  sealing properties which protects food products
  from oxygen and moisture.
• Modified atmosphere packaging is one of the most
  preferred techniques for packaging as it
  increases food products shelf-life by controlling
  the color, odour taste, slowing the aging
  process and preventing anaerobic organisms
  growth on bakery products.
• Overall, these innovative packaging methods help
  in preserving texture and nutrient contents and
  prevents food products from being dry and stale.

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Competitive Trends

• The notable industries Global Bakery Packaging
  are
• Mondi Group,
• Amcor,
• Reynolds Group (Pactiv),
• Crown Holdings Inc.,
• Rock-Tenn Company,
• Smurfit Kappa and Bemis.

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