Market Analysis Industry Reports
The world is becoming a smaller place with barriers dissolving and markets emerging. Retailers and consumers have suddenly turned the decisive factor in driving any industry. This has pushed packaging and labeling industry at the very cusp of development. Packaging and labeling industry is witnessing unprecedented opportunity and growth. Ever increasing consumers demand for information and choice, outsourcing of packaging and labeling functions and the subsequent regulations in the packaging and labeling industry are pointers to the direction in which the industry is heading.
The global packaging industry worth has found itself to be at US$ 433 billion representing a significant percentage of global GDP and a major contributory factor in the food chain, product marketing and merchandising, and logistics. Europe and North America account for 30 per cent and 28 per cent of the global share respectively. Asia is the next region emerging in the packaging industry with 27 per cent of global share amounting to US$ 117 billion. The industry consists of four general segments classified by material type: paper and board, plastics, glass and metal. The largest segments of the industry are paper and board and plastics, which account for 36 per cent and 35 per cent respectively, of the global packaging market. (M & A Insight Report)
Packaging industry serves a variety of markets, with food and beverage accounting the largest. Food packaging accounts for approximately 40 per cent of all packaging applications with a business of US$ 175 billions. Beverages represent approximately 18 per cent or US$ 80 billion. These end markets are stable, non-cyclical, steadily growing markets that are consequently attractive, regardless of the economic climate. Packaging industry growth rates are driven by market trends within various end markets. Growth rates vary from a low of 3.2 per cent for beverages to a high of approximately 5 per cent for health care products. The largest end market, food, has historically grown at slightly less than 4 per cent annually.
But with intensification come obstacles, with potential gains escalating potential pitfalls gets deeper. This increasingly consumer-centric industry is facing trouble with new hazards for packaging houses. There seems to be no end in sight to rising raw materials costs which in turn spirals the overall cost of packaging and labeling for packaging manufacturers, and the falling demand in key beverage product categories. Frost and Sullivan reported reluctance in investing in the high end wafer-level packaging solutions, indicating that the business is getting overall expensive and would naturally favour larger players. The need of the hour is greater cooperation among the stakeholders. Increasing competition can be faced only with innovation and functionality.
The biggest spending boosts are expected to come from personal care products (10 per cent to 12 per cent), followed by beverages (six per cent to eight per cent), and converters, printers and all others (six per cent to eight per cent). Food and pharmaceutical/medical packaging should rise slightly, as well.
Industry Reports
Title : Pouches to 2012
Study Id : 2367
Date : Jul-2008
Description : This study analyzes the US pouch industry. It presents historical demand data for the years 1997, 2002 and 2007 and forecasts for 2012 and 2017 by pouch type (e.g., four-side and three-side seal flat, pillow, stand-up, resealable, aseptic, retort, shaped, spouted); and pouch application (food and beverage packaging, nonfood packaging). The study also considers market environment factors, details industry structure, evaluates market share and profiles leading competitors.
Pages : 283
Price : $4,700.00
Web Link : http://www.freedoniagroup.com/Industry.aspx?IndustryId=PACK
Title : Pallets to 2012
Study Id : 2359
Date : Jun-2008
Description : US demand for pallets will reach 1.5 billion units in 2012. Pallets made from wood will remain dominant, while plastic pallets will grow the fastest based on their durability, ease of cleaning and recyclability. Manufacturing will continue as the largest market, but will be outpaced by providers of warehousing and other storage services.
Pages : 241
Price : $4,500.00
Web Link : http://www.freedoniagroup.com/Industry.aspx?IndustryId=PACK
Title : Caps & Closures to 2012
Study Id : 2354
Date : Jun-2008
Description : US demand for caps and closures will rise 4.9 percent annually through 2012. Gains will be bolstered by the popularity of value-added designs such as child-resistant and dispensing closures. Gains will be supported by the continuing growth of closure-intensive plastic packaging at the expense of closureless containers like metal cans.
Pages : 308
Price : $4,700.00
Web Link : http://www.freedoniagroup.com/Industry.aspx?IndustryId=PACK
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