PUBLISHER: Acute Market Reports | PRODUCT CODE: 1313737
PUBLISHER: Acute Market Reports | PRODUCT CODE: 1313737
Baby food packaging products are generally designed to provide convenience to people in terms of handling baby food products and moving it from one place to another. Shift in consumer preferences towards spending on such products is anticipated to expand the growth of packaged baby food products market over the forecast period.
The global baby food packaging products market is growing at a higher pace and is anticipated to attain significant growth over the next seven years till 2023. Increasing disposable income coupled with changing lifestyle and increasing number of women on workforce is expected to propel the market for baby food packaging products market over the forecast period. The added benefits of preservation and long shelf life of such products is further likely to strengthen the growth of market.
At present, Asia Pacific region captured the maximum share in revenue of baby food packaging products market and is anticipated to dominate over the forecast period. Europe is anticipated to contribute significantly over the forecast period. Escalation in the awareness relation to varied nutritional benefits for packaged food products is anticipated to propel the demand in the region. In Asia, China is expected to expand at a higher rate in terms of baby food packaging products. Apart from this, increasing awareness for convenience baby products due to the rising number of working women is likely to propel the demand for baby packaging products in Asia region over the forecast period.
The global Baby Food Packaging Products market is mainly concentrated in Asia Pacific. Major players are adopting different market strategies to enter and enhance their market position and distribution network.
RPC Group, Tetra Laval, Prolamina Packaging, Rexam Plc, CAN-Pack, Hood Packaging Corporation, Amcor Ltd., Mondi Group, Bemis Company Inc., Winpak Ltd., Bericap India Pvt Ltd., Hindustan National Glass & Industries Limited, Tata Tinplate Company of India (TCIL), Cascades Inc., Ardagh Group, FPC Flexible Packaging Corp., AptarGroup Inc. and Other Notable Players.
This study report represents analysis of each segment from 2021 to 2031 considering 2022 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2023 to 2031.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation ofBaby Food Packaging Products market are as follows:
Micro and macro environment factors that are currently influencing the Baby Food Packaging Products market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
FIG. 10Market Positioning of Key Baby Food Packaging Products Market Players, 2022
FIG. 11Global Baby Food Packaging Products Market - Tier Analysis - Percentage of Revenues by Tier Level, 2022 Versus 2031