Display Packaging Market Analysis By Component, Size Application | Precise Outlook 2022-2030
Packaging has an important influence on the effectiveness and efficiency of retail supply chains, where excellence can be attained through the development and adaptation of the concept of packaging logistics. Display packaging is also referred to as luxury packaging. It finds large application in packing products for enhancing their aesthetic value by adding innovative packaging solutions and packaging designs. It blends the features and strengths of promotional and secondary packaging to accelerate the accessibility and visibility of a product within a retail setup. Display packaging implies the packaging solutions offered to retailers by the manufacturers in a ready-to-sell form. Display packaging contains information about the status of the product.
Market Research Future has conducted an exhaustive study on global display packaging market. It has been revealed in their report that the display packaging market is estimated to grow at a CAGR of 5.6% by the conclusion of the review period.
Segment Overview
The display packaging market show that the market has been segmented based on the following:
Based on display packaging type
The display packaging type segment of the market includes blisters, display boxes, brochure displays, transparent containers, shelf and counter display, and others like floor display.
Based on the market end-users
The market end-users include publishing companies, electronics, the food and beverage industry, personal care and home care products, and others like the pharmaceuticals and healthcare centers and clinics.
Key Market Players:
· International Paper
· DS Smith
· WestRock Company
· Menasha Packaging Company, LLC
· Georgia-Pacific LLC
· Smurfit Kappa Display
· Felbro, Inc.
· FFR Merchandising
· Sonoco Products Company
Regional Analysis
Global display packaging market is segmented based on end use, region, and type. Based on end use, the market is segmented into retail and pharmacy. Based on region, the market is segmented into North America, Asia Pacific, Europe, and Rest of the World. Based on type, the market is segmented into cellulose fibers, corrugated paper board sheeting, corrugated pallets, and others.
Over the past few years, the global market for display packaging witnessed impressive growth rate. The emerged economies such as Australia, North America, and Europe, hold prominent shares in the global display packaging market over other economies. These economies are likely to maintain their dominance throughout the forecast period. The Asia Pacific market is estimated to experience exponential demand in the global display packaging market. Likewise, rise in per capita income has driven the growth in demand for quality packaged food. Also, the increasing population throughout several countries globally, has spurred the demand for food & beverage production. This ultimately augments the demand for global display packaging products. The consumers generally perceive premium packaging as the sign of a superior quality product. Hence, the manufacturers use expensive colors, packaging techniques, and technologies to craft premium packages, which in turn, fuel the market growth.
Browse Full Report: https://www.marketresearchfuture.com/reports/display-packaging-market-4881
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