Product ID: UCMIR15G2011
Report ID:
UCMIR15G2011 |
Region:
Regional |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
In 2018, the Asia Pacific market for food packaging was valued at more than USD 125 billion and is projected to grow at a compound annual growth rate of over 4.5% from 2019 to 2025. The increasing adoption of e-commerce in the food industry has contributed to this growth, as it provides consumers with a diverse range of food products and ensures the prompt delivery of these products with suitable packaging. Consequently, the demand for food packaging is expected to rise with the growing popularity of e-commerce.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Metal & Glass Containers by segment aggregation, the contribution of the Metal & Glass Containers in Diversified Materials and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
Our industry expert will work with you to provide you with customized data in a short amount of time.
REQUEST FREE CUSTOMIZATIONWant to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Product ID: UCMIR15G2011