The report also covers the Covid impact on the market. Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2021 and an uptrend is witnessed from 2022.
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Market Insights
The Retail Ready Packaging Market was accounted for US$ 730.4 Mn in terms of value in 2021 and is expected to grow at CAGR of 9.0% for the period 2022-2028.
Profiling Key Companies –
- International Paper Company
- Georgia-Pacific LLC
- WestRock Company
- Amcor plc
- Smurfit Kappa Group plc
- Weedon Group Ltd
- LINPAC Group Limited
- Packaging Corporation of America
- BillerudKorsnäs AB
- SIG Combibloc Group AG
Growth drivers and Market Value:
This report, from Stratview Research, studies Retail Ready Packaging market value and growth drivers over the trend period of 2022-27. According to the report -
Retail Ready Packaging market is projected to witness a healthy CAGR of 4.3% during the forecast period. Rapid growth in retail and food beverages industries is the key demand generator of the market during the forecast period.
Segment Analysis:
Based on by Product Type:
Based on the product type, the market is segmented as die cast display box, corrugated paper box, shrink wrapped trays, folding cartons, and others. Corrugated paper box is estimated to dominate the market during the forecast period, owing to its various benefits, such as it reduces stocking and labor cost as eases handling and be directly put into the shelves.
Based on Regional:
In terms of regions, Asia-Pacific is likely to maintain its dominance in the market during the forecast period, with China and India being the key growth engines of the region’s market. The region is also expected growth at the highest pace over the next five years. India and China are among the largest retail sectors in the world.
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Covid Impact
This informative research report also includes the most recent global events concerning the coronavirus pandemic. The report provides a detailed analysis of the pandemic's impact and the industry's economic scenario. The report consists of tables, graphs, charts, figures, and diagrams, that are used to graphically represent important statistical information.
- Appropriate market trend and forecast analysis.
- All-inclusive report
- Decent price-performance ratio
- Reliable data
- Attractive market segments and associated growth opportunities.
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