Published on : Mar 22, 2019
Albany, New York, March 22, 2019: Widely used as vertical fill form seal (VFFS) pouching in F&B industry besides pharmaceuticals, nutraceuticals as well as personal care, stick packaging is a highly sought after flexible packaging solution. Burgeoning advances in F&B industry is likely to reflect considerably towards the growth of stick packaging market.
Convenient packaging solutions promising ample user convenience and expanded shelf life of packaged products are likely to transform optimum growth. However, owing to its plastic source origin, stick packaging is likely to witness constricted adoption on the back of stringent government norms, thereby negatively impacting growth in stick packaging market. In its bid to scout new market advances and assess their reciprocal implications on holistic growth route, Market Research Hub (MRH) has pinned a new business intelligence report titled, 'Stick Packaging Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 - 2027' to its fast expanding online data archive.
Stick packaging market is in the cusp of substantial growth uptick with millennial food habits tilting more towards convenient, on-the go food items. Besides, pertinent developments such as adoption of sophisticated customized equipment promising high throughput and high production capacities, stick packaging market is likely to remain preferred flexible packaging solutions with reasonably lesser carbon footprint owing to their sleek designs.
F&B Applications to Remain at the Fore in Terms of End-User Applications
This elaborate research report on stick packaging market commences with a detailed executive summary followed by an overview section encompassing market definition and dynamics. The report is aimed at assessing the market at both global and regional levels on the basis of current as well as historical market valuation and performance figures to derive accurate forecast valuations.
Polyester Based Stick Packaging to Witness Surged Adoption
Aimed at providing market players with decisive business insights and ample competitive advantage, this section of the report elaborates on market segmentation on the basis of which stick packaging market is classified material type, fillers, capacity, and application. By material global stick packaging market is diversified into polyester, polyethylene, paper, and metallized films amongst others. In terms of fillers the market is further classified into powder, liquid, and tablets. In terms of capacity stick packaging market is diversified into 0-5ml, 5-10ml, 10-15ml, 15-20ml, and 20ml and above amongst others. Based on application the market is further classified into F&B and pharmaceuticals amongst others.
High Popularity of Single Serve Food Items in North America Favors Massive Growth Potential
Further in the course of the report readers are also presented with decisive insights on regional segmentation, based on which readers can gauge geographical expanse of global stick packaging market, besides analyzing the implications of marketing strategies delivered by lead players across these regions and their eventual implications on holistic growth of stick packaging market. Europe, North America, Latin America, Asia-Pacific, and MEA are accounted as major regional belts in stick packaging market.
Competition Matrix: Stick Packaging Market
Elaborate research postulates documented in the report also shed considerable light on leading players and competition spectrum of stick packaging market. This section of the report scouts winning marketing strategies implemented by forerunners and their corresponding impact on holistic growth route as well as on consumer response. Thorough analysis of these strategies by market players enable them to deliver profit oriented business decisions as well as investment deals, thereby securing a leading stance amidst stiffening competition in stick packaging market.
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