Global Skin Packaging Market Size, Share, Growth Analysis, By Type(PVC (Polyvinyl Chloride) and PET (Polyethylene Terephthalate)), By Application(Offshore Oil and Gas Industry, and Remote Areas and Islands)

Description

Global Skin Packaging Market size was valued at USD 10.65 billion in 2022 and is poised to grow from USD 11.18 billion in 2023 to USD 16.44 billion by 2031, growing at a CAGR of 4.94% in the forecast period (2024-2030).

The Global Skin Packaging Market is growing because industries want convenient and attractive packaging solutions. Skin packaging has benefits like showing off the product, keeping it fresh longer, and protecting it from moisture, dust, and tampering. This growth is fueled by consumers liking packaged food and goods more, the expanding retail sector, and improvements in packaging technology. Also, more people are caring about using eco-friendly materials in skin packaging to be sustainable. The market is moving towards using recyclable and biodegradable materials to meet environmental rules and what consumers want. Overall, the Global Skin Packaging Market will keep growing because of the demand for good-looking and efficient packaging solutions.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Skin Packaging Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Skin Packaging Market Segmental Analysis

The Global Skin Packaging Market is segmented on the basis of type, and region. By type, the market into segmented into PVC (Polyvinyl Chloride) and PET (Polyethylene Terephthalate). By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

Drivers of the Global Skin Packaging Market

The market is being driven by the increasing need for products to last longer on shelves and for consumers to see them clearly. Skin packaging does a great job of protecting products, keeping them fresh, and maintaining their quality. It also lets consumers easily see the product and its features, which can make them more likely to buy it. This demand for longer shelf life and appealing packaging options is pushing different industries to use skin packaging.

Restraints in the Global Skin Packaging Market

One reason the market faces restraints is because of environmental worries linked to plastic packaging. Skin packaging often uses plastic films, which can add to plastic waste and harm the environment. As more people care about sustainability and eco-friendly packaging, there's a greater demand for alternative materials that are kinder to the environment. This can be tough for the skin packaging market to deal with, as companies need to find ways to address these concerns and switch to more sustainable packaging options.

Market Trends of the Global Skin Packaging Market

A major trend in the global skin packaging market is the rising demand for sustainable and eco-friendly packaging solutions. Due to growing environmental concerns and consumer preferences for green packaging, companies are investing in skin packaging technologies that use recyclable materials and minimize plastic waste. This trend is motivated by the goal of aligning with sustainability objectives, reducing carbon footprint, and meeting regulatory standards. Furthermore, advancements in materials and technologies are facilitating the creation of innovative eco-friendly skin packaging options that offer product visibility, protection, and appeal to environmentally-conscious consumers. This trend is anticipated to fuel market growth and impact packaging strategies across different industries.

Product Code: SQMIG15H2022

Executive Summary

Market Overview
Wheel of Fortune

Research Methodology

Information Procurement
Secondary & Primary Data Sources
Market Size Estimation
Market Assumptions & Limitations

Parent Market Analysis

Market Overview
Market Size
Market Dynamics
- Drivers
- Opportunities
- Restraints
- Challenges

Key Market Insights

Technology Analysis
Pricing Analysis
Supply Chain Analysis
Value Chain Analysis
Ecosystem of the Market
IP Analysis
Trade Analysis
Startup Analysis
Raw Material Analysis
Innovation Matrix
Pipeline Product Analysis
Macroeconomic Indicators
Top Investment Analysis
Key Success Factor
Degree of Competition

Market Dynamics & Outlook

Market Dynamics
- Drivers
- Opportunities
- Restraints
- Challenges
Regulatory Landscape
Porters Analysis
- Competitive rivalry
- Threat of Substitute Products
- Bargaining Power of Buyers
- Threat of New Entrants
- Bargaining Power of Suppliers
Skyquest Special Insights on Future Disruptions
- Political Impact
- Economic Impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact

Global Skin Packaging Market by Type

Market Overview
PVC (Polyvinyl Chloride) and PET (Polyethylene Terephthalate)

Global Skin Packaging Market by Application

Market Overview
Offshore Oil and Gas Industry
and Remote Areas and Islands

Global Skin Packaging Market Size by Region

Market Overview
North America
- USA
- Canada
Europe
- Germany
- Spain
- France
- UK
- Rest of Europe
Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Rest of Latin America
Middle East & Africa (MEA)
- GCC Countries
- South Africa
- Rest of MEA

Competitive Landscape

Top 5 Player Comparison
Market Positioning of Key Players, 2021
Strategies Adopted by Key Market Players
Top Winning Strategies
- By Development
- By Company
- By Year
Recent Activities in the Market
Key Companies Market Share (%), 2021

Key Company Profiles

Amcor (Australia)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Bemis Company Inc. (United States)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Berry Global Inc. (United States)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Sealed Air Corporation (United States)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
DuPont de Nemours Inc. (United States)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Linpac Packaging Ltd. (United Kingdom)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
WestRock Company (United States)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Smurfit Kappa Group (Ireland)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Display Pack Inc. (United States)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Clondalkin Group Holdings BV (Netherlands)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Winpak Ltd. (Canada)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
G. Mondini S.p.A. (Italy)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Plastopil Hazorea Company Ltd. (Israel)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Sirap Group (Italy)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Sonoco Products Company (United States)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Constantia Flexibles Group GmbH (Austria)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Tray-Pak Corporation (United States)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Proseal UK Ltd. (United Kingdom)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Mitsubishi Gas Chemical Company, Inc. (Japan)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Universal Plastic Mold (United States)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments

Global Skin Packaging Market Size, Share, Growth Analysis, By Type(PVC (Polyvinyl Chloride) and PET (Polyethylene Terephthalate)), By Application(Offshore Oil and Gas Industry, and Remote Areas and Islands) - Industry Forecast 2024-2031