On-the-go pots Market: Overview
Innovation in the packaging world plays a diverse role in providing safe storage, prevention from spoilage and contamination, comfortable shipping, thus providing an extended shelf-life. On-the-go packaging manufacturers are focused on introducing sustainable packaging solutions in order to retain the freshness of the packed product thus providing an increased shelf life. In the past, manufacturers/brand owners have yielded positive results, such as, segregating its brand from other market players on the retail shelves, increasing brand awareness and thus enhancing the brand revenue. Also, the growth in consumption of packaged ready-to-eat food products has led to a surge in demand of On-the-go pots packaging market, especially in the developing economies.
On-the-go pots Market: Drivers & Restraints
The global On-the-go pots market has prominently driven as a result of rising customer’s inclination towards easy to carry packaged food & beverages over the forecast period. Also, growing application of On-the-go pots in cosmetics & personal care industry with each market player try to distinguish its end use product with eye-catching packaging solutions will naturally augment the On-the-go pots packaging market. Growing health awareness about use of non-carcinogenic materials for food packaging as well as demand for light-in-weight packaging solutions acts as a constructive factor leading to the evolution of global On-the-go pots packaging market.
However, with the introduction of lucrative packaging solutions such as pouches and wraps as an alternative packaging solution, it is likely to hinder the market share of On-the-go pots packaging market over the forecast period.
On-the-go pots Market: Regional Overview
Geographically, the global On-the-go pots market is segmented into seven regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and the Middle East and Africa (MEA).
North America and the Europe region are expected to continue its dominance owing to higher demands of ready to consume packaged food & beverages during the forecast period. Also, these economies provide a better storage as well as warehousing facility for On-the-go pots which eventually extends the shelf life of perishable food and beverages products packed in it. Yet, the availability of alternative packaging solutions such as pouches, bags, wraps, etc., is anticipated to hamper the growth aspects of On-the-go pots market in this region over the forecast period. The APAC region is expected to observe a healthy rate of growth owing to the rapid rise in the applications of On-the-go pots across the region. Growing inclination of people towards ready to eat food, rapid urbanization, increase in disposable income coupled with the abundant availability of resources at cheap prices are some of the key factors for the growth of On-the-go pots market in this region. Also, Middle-East and African region are likely to register a positive rate of growth during the upcoming period.
Overall, the global On-the-go pots market is expected to witness a healthy CAGR over the forecast period 2017-2025.
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On-the-go pots Market: Key Players
Some predominant players identified across the global On-the-go pots market are Joseph Joseph Ltd., MIRON Violettglas BV., Packaging Mode Ltd., Victoria Packaging Ltd., H&K MÜLLER GMBH & CO. KG., Jamestrong Packaging., among others.
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Report Highlights : Detailed overview of parent market,Changing market dynamics in the industry,In-depth market segmentation,Historical, current and projected market size in terms of volume and value,Recent industry trends and developments,Competitive landscape,Strategies of key players and products offered,Potential and niche segments, geographical regions exhibiting promising growth,A neutral perspective on market performance,Must-have information for market players to sustain and enhance their market footprint.
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