Published on : Jul 30, 2018
Albany, New York, July 30, 2018: An exclusive report on the global market for transit packaging examining the present and future scenario of the market across the globe has been broadcasted to the online repository of Market Research Hub (MRH). The title of the report is “Transit Packaging Market: Global Industry Analysis (2012-2016) & Opportunity Assessment (2017-2026)”, which provides reliable information to industry insiders, potential entrants and investors about the market dynamics, competitive landscape as well as industry trends expected to have the positive influence on the market growth. Overall, this systematic study on the global market for transit packaging is a complete package, including intelligence on active players supporting the market growth.
In order to capture a global understanding, the report has computed its market size forecasts in terms of volumes (tons) across various geographies, such as North America, Latin America, Japan, Europe, MEA and APEJ. As per the recent findings, the global market for transit packaging is projected to expand at a spectacular CAGR throughout the period of assessment. Over US$ 200,000 Mn worth of transit packaging are poised to be sold worldwide by 2026-end. In terms of geography, the research finds that robust production activities across various industries in Europe have resulted into the huge adoption of transit packaging solutions.
The research report starts with the market overview section which includes information such as qualitative analysis of the complete transit packaging market. Readers can easily learn about the drivers, opportunities and restraints, together with Porter’s five force analysis as well as market attractiveness analysis. As per the research, in order to offer safe and effective transportation of goods, manufacturers are giving more attention to the packaging of a product. Due to this, the demand for transit packaging has increased. The transit packaging gives an assurance of wellness of goods. Apart from that, it also provides a cost-efficient solution to manufactures which has become the prime reason for the boom in the industry.
As the report proceeds, readers can access precise data about the main segments from the transit packaging market. The concerned market is segmented in terms of material type, packaging type, and end-use. By material type, the study covers polyethylene, polyethylene terephthalate, polypropylene, polyvinyl chloride, ethylene vinyl alcohol, polyurethane, paper & paper board, metal and wood. By packaging type, the study highlights wooden crates, cartons, containers, corrugated boxes, intermediate bulk containers, barrels, strapping and other. On the other hand, major end-user are automotive, building and construction, e-commerce, food & beverages, chemicals, industrial machinery and equipment, pharmaceuticals, consumer goods and others. For each segment, the research has offered an analysis of market share comparison, revenue (US$ Mn) and Y-o-Y growth throughout the mentioned forecast.
The concluding section of the report discusses the active major players in the global transit packaging market. At present, key participants stimulating the growth of the global market include BEUMER Group GmbH & Co. KG, SGS SA, Nefab AB, Papier-Mettler KG, Eltete TPM Ltd., International Paper Co, Deufol SE, Mondi Group PLC, Honeycomb Cellpack A/S, and Yinghua Plastic Products Co.
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