DUBLIN, Feb. 6, 2018 /PRNewswire/ --
The "Global Fresh Meat Packaging Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
The global fresh meat packaging market to grow at a CAGR of 3.19% during the period 2018-2022.
Global Fresh Meat Packaging Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. To calculate the market size, the report considers the revenue generated from the sales of fresh meat packaging.
The latest trend gaining momentum in the market is growing market consolidation in global packaging industry. The fragmented nature of the market and high competitive pressure from large vendors are forcing small players to join large players through mergers or acquisitions (M&As). Large players are also encouraging M&As in order to expand their market presence and enter new markets. M&As can help small players adopt new technology from large players in order to survive in the competitive market. The number of M&As in the overall packaging industry is increasing annually at the rate of 1%-2%.
According to the report, one of the major drivers for this market is Rising adoption of case-ready meat packaging. Case-ready fresh meat packaging has been growing across the world since 2010. In this type of packaging, fresh meat is processed and packed at a packaging station, and delivered to retail shops. Through fresh meat case-ready packaging, retailers can reduce certain operational costs such as labor cost, meat-cutting equipment cost, and space utilization cost for fresh meat preparation.
Also, it was noted that case-ready fresh meat packaging reduces the overall operating cost for retailers by around 26%, compared with loose meat sold in retail shops. In addition, meat cutting and preparation in retail stores require a huge space, whereas case-ready fresh meat packaging can help retailers save that space for other retail merchandising operations. Case-ready fresh meat packaging also prevents leakage and provides better quality control. All these benefits of case-ready fresh meat packaging are driving the adoption of fresh meat packaging across the world.
Further, the report states that one of the major factors hindering the growth of this market is Fluctuating polymer prices. The cost of polymer across the world has been facing a reduction since 2014, due to low energy and feedstock costs. Crude oil price reduction is another major reason for the decreasing polymer price. For example, in 2016, the price of polyvinylidene chloride and ethylene vinyl alcohol polymer decreased by around $0.1-0.3 per kg, and that of polyvinyl alcohol (PVA) decreased by around $0.2-$0.4 per kg. The falling polymer price will reduce the overall purchasing and operational cost for fresh meat packaging manufacturers. It will also boost the bulk polymer price purchasing behavior of fresh meat packaging manufacturers.
Key vendors
- Amcor
- Bemis
- Berry Global
- Crown Holdings
- Sonoco Products
Key Topics Covered:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
PART 05: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 06: MARKET SIZING
- Market definition
- Market sizing 2017
- Market size and forecast 2017-2022
PART 07: FIVE FORCES ANALYSIS
PART 08: CUSTOMER LANDSCAPE
PART 09: MARKET SEGMENTATION BY TYPES OF PACKAGING
- Segmentation by packaging type
- Comparison by types of packaging
- Flexible packaging - Market size and forecast 2017-2022
- Rigid packaging - Market size and forecast 2017-2022
- Market opportunity by types of packaging
PART 10: REGIONAL LANDSCAPE
- Geographical segmentation
- Regional comparison
- Key leading countries
- Market opportunity
PART 11: DECISION FRAMEWORK
PART 12: DRIVERS AND CHALLENGES
PART 13: MARKET TRENDS
- Growing market consolidation in global packaging industry
- Growing use of biodegradable packaging techniques
- Recycling of packaging materials
PART 14: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 15: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
PART 16: APPENDIX
For more information about this report visit https://www.researchandmarkets.com/research/d2pxcx/global_fresh_meat?w=5
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