Trends and Opportunities in the Canadian Packaging Industry Summary The packaging industry in Canada is estimated to grow from 50,497 million units in 2018 to 52,911.4 million units in 2023, at a CAGR of 0.9%. In volume terms, the Canadian packaging market is being led by rigid plastics, which accounts...
A recent market study published on the lubricant packaging market includes global industry analysis 2014-2018 & opportunity assessment 2019-2029, and delivers a comprehensive assessment of the most important market dynamics. After conducting a thorough research on historic as well as current growth parameters, the growth prospects of the lubricant...
Two converse trends, namely social sharing and the need for ultra-convenient and self-indulging products continue to play a key role in the packaging industry. The cocooning/homing trend still encourages a growing number of people to socialise at home rather than go out, and this is evidenced in the on-going success of big packs, for instance...
Consumers continue to look for smaller packaging within many categories partly due to the demand for convenient, on-the-go products to suit their busy lifestyles. This downsizing also related to the ongoing desire to try out and to travel with beauty and personal care products, and consumers’ growing awareness of portion control in packaged...
With an improving economy, Spanish consumers have started to show a growing interest in convenient smaller-sized packaging as well as added value options, with some areas also introducing premium packaging to help drive interest. The shift to smaller packaging has also been driven by demographic changes with a rise in single-person households....
The bioplastic packaging market is expected to grow at a CAGR of over 4% during the period 2018?2024. Dwindling reserves of fossil resources, increase in rules and regulations, bioplastic for bulk packaging, and focus on sustainable packaging are the factors that are likely to contribute to the growth of the bioplastic packaging market...
Market Overview The Saudi Arabian plastic packaging market was valued at USD 7.64 billion in 2018, and it is projected to reach USD 10.64 billion by 2024, registering a CAGR of 5.6% during the period of 2019-2024. Most of the manufacturers are introducing additional functionalities of EVOH films for packaging. Functionalities,...
The global biodegradable plastic market accounted for US$ 2,989.8 Mn in 2018 and is expected to grow at a CAGR of 14.5% during the forecast period 2019 - 2027, to account to US$ 10,086.2 Mn by 2027. Biodegradable plastic can be decomposed by the action of living organisms, usually microbes, into the water, carbon dioxide, and biomass. It is...
The North America flexible packaging market is expected to reach close to over $42 billion by 2024 The increasing demand for lightweight packaging from food, pharmaceuticals, and other end-users is a major driver for the growth of the North America flexible packaging market. Also, the adoption of advanced packaging, which removes dispensing...
The Europe biodegradable plastic market is accounted to US$ 980.0 Mn in 2018 and is expected to grow at a CAGR of 14.4% during the forecast period 2019 - 2027, to account to US$ 3,286.9 Mn by 2027. The Europe biodegradable plastic market is segmented on the basis of type as - PHA, PLA, starch blends, biodegradable polyesters and others. The...