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The increasing production of seafood has increased the demand for seafood packaging all over the globe. The strong desire among the seafood consumers to increase the safety and cost efficiency of casing the food has fueled the demand for sustainable seafood packaging. Moreover, the consumers are looking forward to hygienic, compact and ecological kind of packaging which will enhance the user experience in future.The global seafood packaging market is anticipated to expand at a significant annual compound growth rate (CAGR) of approximately 5% during the forecast period i.e. 2018-2027.
By product type, the sea food packaging market is segmented into rigid packaging and flexible packaging. The flexible packaging is projected to dominate the global sea food packaging market by the end of 2027. The flexible packaging segment is anticipated to expand at the CAGR of 4.3% during the forecast period i.e. 2018-2027. Flexible packaging has been gaining popularity all across the globe. This is due to its emerging trend of excellent food packaging solutions related to high performance and leak proof material, which in turn is likely to drive the demand of seafood packaging in the global market.
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Global sea food packaging market has been segmented on the basis of consumption type, packaging type, material type, sales channel and region. Based on the consumption type, the market is further segmented into Salmon, Shrimp, Canned Tuna and Crab. The seafood market is estimated to witness the highest CAGR of approximately 5% during the forecast period i.e. 2018-2027.
The report titled “Global Sea Food Packaging Market Outlook 2027” also includes some prominent market analyzing parameters such as industry growth drivers, restraints, supply and demand risk, market attractiveness, year-on-year (Y-O-Y) growth comparisons, market share comparisons, BPS analysis, SWOT analysis and Porter’s five force model.
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This report also studies existing competitive scenario of some of the key players of food packaging market which includes profiling of Amcor, Bemis, Crown Holdings, Berry Global, Packtiv, Sealed Air, DC Smith, Coveris, Wipak, ULMA Packaging. The profiling encloses key information of the companies which includes the business overview, products and services, key financials and recent news and developments. Conclusively, the report titled “Global Seafood Packaging Market Outlook 2027”, analyses the seafood packaging industry to help new competitors to understand the details of the market. In addition to that, this report also guides existing players looking for expansion and major investors looking for investment in the Global Sea Food Packaging Market in near future.
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