Summary

Composite Packaging Market Size, Share, Growth, Trends, Analysis, Future Scope— By Material (Plastic, Paper, Cardboard, and Others), by End-user (Food & beverage, Industrial goods, Consumer goods, Healthcare and Others) and by Region (the Americas, Asia Pacific, Europe, Middle East and Africa) — Global Forecast Till 2023

Composite Packaging Market Overview

The composite packaging market is growing continually, mainly due to the increasing consumption in various burgeoning industries, such as food & beverages, industrial goods, consumer goods, healthcare, and others. Over the past few years, this packaging type is gaining considerable market prominence, and the composite packaging market is garnering massive traction on the global platform.

According to Market Research Future (MRFR), the global composite packaging market would accrue moderately, registering over 4.82 % CAGR during the forecast period (2017-2023). Change in lifestyle and rise in disposable income of people are major factors impacting the growth of the market, positively.

Request Free Sample Copy @ https://www.marketresearchfuture.com/sample_request/2986

Major Players

Players leading the composite packaging market include

DS Smith Plc. (UK)

Amcor Limited (Australia)

Mondi Plc. (Europe)

Sonoco Products Company (US)

Smurfit Kappa Group (Ireland)

Crown Holdings (US)

Universal Packaging Ltd (New Zealand)

Sealed Air Corporation (US)

Sota Packaging Pty Ltd. (Australia)

Najmi Industries (India), among others

Global Composite Packaging Market   - Segmentation

The Composite Packaging Market report is segmented into four key market dynamics to widen the scope of understanding,

By Material                        : Plastic, Paper, and Cardboard, among others.

By End-user                        : Food & Beverage, Industrial Goods, Consumer Goods, Personal Care, and Healthcare, among others.

By Packaging Type          : Plastic-aluminum, paper-polyethylene, cardboard-polyethylene, paper-aluminum, and plastic-paper-aluminum Composite Packaging, among others.

By Regions                          : Asia Pacific, North America, Europe, and the Rest-of-the-World.

Composite Packaging Market   - Regional Analysis

The Asia Pacific region is projected to continue holding the major share in the global composite packaging market. Growing production of thermoset resins is a major driving force behind the growth of the market. Besides the economic growth, rising population, and rapidly changing lifestyle are some of the important factors fostering the growth of the regional market.

Countries such as China, Japan, and India have become apparent as the leading players in this region. Moreover, the rising demand for food, cosmetics, and pharmaceutical products is driving an increase in the size of the regional market, in terms of revenue and production.

The composite packaging market in the European region has been witnessing significant growth due to the increasing demand in heavy-end industries. It is projected that the UK, Germany, and Italy would be the leading players in this region due to growing usages of composite packaging in aerospace, sports, and other sectors. Development in packaging standards, the introduction of eco-friendly materials, and innovative packaging designs such as smart packaging drive the growth of the market in Europe.

The North American composite packaging market is witnessing a notable growth due to growing consumption in the automotive, marine and aviation sectors. Due to increasing demand in electrical & electronics industries the region is expected to garner significant accruals.

The US, Canada, and Mexico are projected to be significant contributors to the growth of the market during the forecast period. Besides the growing use of composite packaging burgeoning industries, such as F&B, consumer goods, personal care, and healthcare, to name a few, are positively impacting the growth of the market.

Competitive Analysis

Highly competitive, the global composite packaging market appears to be fragmented with the presence of several large and small-scale players. Well established players incorporate strategic initiatives such as acquisition, collaboration, expansion, and technology launch to gain a competitive advantage in this market.

Access Full Report With Complete TOC @ https://www.marketresearchfuture.com/reports/composite-packaging-market-2986

For More Info, Click @ https://www.marketwatch.com/press-release/composite-packaging-market-2019-global-size-industry-share-market-trends-segmentation-top-leading-players-analysis-growth-and-forecast-to-2023-2019-04-17?mod=mw_quote_news

About Market Research Future

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact

Market Research Future

Phone: +1646 845 9312