According to Data Bridge Market Research new Market report, global retail ready packaging market will account to an estimated USD 64.45 billion in 2018 growing at a CAGR of 4.45% during the forecast period of 2018 to 2025.
Access Full Report at https://databridgemarketresearch.com/reports/global-retail-ready-packaging-market/
Retail ready packaging is a method which is used to protect and display the content of the package to the consumers. Information like pallet size, bar code format and placement, rfid tags, etc. is mentioned in the packaging. This help in branding which help the product to get identified easily. The good retail ready packaging helps in faster replenishment in store, increases demand and availability, good merchandising and product visibility. The best thing about this packaging is that they can be recycled easily and can store number of products at once. It also allows the customers to choose whether they want whole package or want individual product.
Global retail ready packaging market is segmented on the basis of material, type, end- user and geography.
By Material (Paper & Paperboard, Plastics, Other Materials), Type (Die-Cut Display Containers, Shrink Wrapped Trays, Corrugated Cardboard Boxes, Modified Cases, Plastic Containers, Folding Cartons, Other Types), End-User (Food, Beverage, Household Products, Cosmetics, Electrical & Electronics, Other End-Users), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)
FACTORS DRIVING GROWTH IN METAL POWDER MARKET
Increasing supermarkets and hypermarkets
As per a study, by 2016, Brazil was the fastest growing hypermarket and supermarkets with the value share of 53.7%, Argentina with 30.1%, Mexico with18.8%, Central America with 16.3% and Indonesia has the value share of 7.9% by 2016.
Between 2012- 2016 there was a random growth in the sales revenue generated by supermarkets and hypermarkets in Brazil. In 2012 it was 276.59 billion Brazilian reals which reached to 448.95 billion Brazilian reals by 2016.
Few of the major competitors currently working in the retail ready packaging market are Mondi, Smurfit Kappa, DS Smith, Weedon Group Ltd, International Paper, Georgia-Pacific, Caps Cases Ltd, Vanguard Companies, PaperWorks Industries Inc, WestRock Company, Amcor Limited and Orora Packaging Australia Pty Ltd..
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