Forecast and trend analysis of recent developments in Global Microwave Packaging Market

Summary: “Global Microwave Packaging Market 2016-2020” Order This Report by calling at +1-971-202-1575.

About the Microwave Packaging Market: The growing demand for innovative packaging solutions will propel the growth of the market during the forecast period. A rise in the consumption of ready-to-eat food products has led to an increase in the demand for packaging technologies that can extend the shelf life of these products. In addition, the growing demand for fresh foods and the increasing popularity for shelf-stable meals will also boost the market growth.

Fluctuation in the prices of raw materials will act as a challenge to vendors. The cost of packaging products depends on the cost of raw materials such as aluminum, plastic, and paper. Stringent government regulations mandating the quality of food products and the risk of contamination will hamper the growth of the market during the forecast period.

Technavio’s analysts forecast the global microwave packaging market to grow at a CAGR of 7.71% during the period 2016-2020.

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Covered in this report: The report covers the present scenario and the growth prospects of the global microwave packaging market for 2016-2020. To calculate the market size, in terms of revenue, the report considers the sale of microwave packaging products for different end-user applications.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA

Technavio’s report, Global Microwave Packaging Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

  • Amcor
  • Ampac Holdings
  • Berry Plastics
  • Graphic Packaging
  • Huhtamaki
  • Sealed Air
  • Sonoco
  • WestRock

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Market driver

  • Development of innovative packaging solutions
  • For a full, detailed list, view our report

Market challenge

  • Volatile raw material cost
  • For a full, detailed list, view our report

Market trend

  • Demand for small-sized packs
  • For a full, detailed list, view our report

Key questions answered in this report

  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

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