According to a market report by Lucintel, the future of the global retail ready packaging market looks promising with opportunities in the food & beverages, pharmaceuticals, electronics, and personal care & cosmetics markets. The global retail ready packaging market is expected to grow with a CAGR of 5.5% from 2024 to 2030. The major drivers for this market are the increasing competition in consumer goods, food & beverage, electronics, and personal care & cosmetics and increasing need for streamlining the supply chain process.
A more than 150-page report to understand trends, opportunity and forecast in retail ready packaging market to 2030 by material type (plastic and paper & paperboard), product type (die-cut display containers, corrugated cardboard boxes, shrink-wrapped trays, and folded cartons), end use (food & beverages, pharmaceuticals, electronics, personal care & cosmetics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, paper & paperboard will remain the larger segment over the forecast period due to its quality like recycling paperboard materials, minimal handling needs, along its sinable sourcing methods.
Within the end use category, food & beverage will remain the largest segment due to facilitating the safeguarding, conservation, and showcasing of products.
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In terms of regions, North America will remain the largest region over the forecast period due to increase in the young population and disposable income along with high purchasing power.
International Paper, Mondi, Smurfit Kappa, Green Bay Packaging, DS Smith, Weedon, Vanguard Packaging, Graphic Packaging, The Cardboard Box Company, Boxes are the major suppliers in the retail ready packaging market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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