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Skin Packaging Market by Material, Type, Heat Seal Coating, & Application - Global Forecast to 2020

Skin Packaging Market: Global Forecast until 2020

  • October 2015
  • 239 pages
  • ID: 3363505
In this report:
According to the World Bank, Mexico is expected to continue its gradual recovery of economic activity, rising from ##.##% in 2015 to ##.##% by 2017 as a result of rising manufacturing exports, private consumption, and investment.
According to the Packaging Machinery Manufacturers Institute (PMMI), the import of packaging machinery increased by at least ##% in 2013 as compared to 2012, generating greater demand for packaging machinery from industries such as personal care, and pharmaceutical food & beverages.

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Elements such as increase in the overall manufacturing activities, high disposable income, changing lifestyles in emerging countries including China and India (IN), increasing middle class population, and growing consumption of meat products have increased the need for using packaged products. This in turn, has stimulated the industry demand for skin packaging as it is required to differentiate the product, offer high visibility, and protect the products from contamination during handling, storing, and transporting through the supply chain.

The bigger actors in the industry have strong distribution networks across the globe and the financial strength to sustain them. The same cannot be said about new sector entrants in the sector. For the skin packaging market, it is essential to have a strong distribution network to enable timely delivery of the product to customers, whenever needed, as well as implement all rules & regulations laid down by different regulatory bodies.

The actors in the overall skin packaging market are well-established. It is difficult for new actors to enter the industry and compete with established actors. Even end users prefer products from established actors, rather than new ones.

Growing disposable income of people in developing countries, the increasing food sector, and the increasing consumer demand for securely packaged products drive the increase of the skin packaging market. There are certain factors prevailing in the sector that hinder its development, including increasing number of substitutes, stringent rules & regulations, and the rising environmental concerns.

The overall skin packaging market is marked with intense competition due to the presence of a big number of both, big and small companies. Recent product launches, mergers & acquisitions, and alliances & business developments are the top strategies approved by market actors to assure their increase in the industry. The top players in the sector are Sealed Air (NYSE:SEE), DuPont (NYSE:DD, Bemis Company, Incorporated, Dow Chemical (NYSE:DOW), and WestRock Company. Other payers contain Bemis Company, Incorporated, Clondalkin Group Holdings B.V., LINPAC Packaging Limited, Display Pack Incorporated, and G. Mondini SpA. In this industry report, the overall skin packaging market is broken down into base material, category, heat seal coating, application, and area.

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