Portion Packs Market Scope
Global Portion Packs Market is expected to grow in the future due to the rising demand for innovative plastic packaging solutions in the consumer market and increasing food-management concerns. Factors such as portion control and food waste concerns are anticipated to propel the market growth in the forecast period. Increasing environmental concern regarding damage caused by the packaging material will also drive the market.
The market study is segmented, by Application (Food, Beverage, Personal Care and life Science and Garden Products) and major geographies with country level break-up.
In terms of market share, the key players presently dominate the global market. These market players are leveraging on strategic collaborative creativities to intensification their market share and escalation their profitability. Research Analyst at AMA estimates that Global Vendors will contribute to the maximum growth of Global Portion Packs market throughout the predicted period.
HELLMA Austria (Austria), Portion Solutions Ltd (United Kingdom), SAES The Portion (Spain), Collaborative Packing Solutions (Pty) Ltd (South Africa), Petals packaging (India), MULTIVAC (Germany), Thermo Pac (United States), Turpack (Turkey) and JHS Packaging (United States) are some of the key players that are part of study coverage.
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AdvanceMarketAnalytics has segmented the market of Global Portion Packs market by Type, Application and Region.
On the basis of geography, the market of Portion Packs has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
In Sept 2018, PortionPack Europe Group, the leading European specialist for portion packs, today announced that it has acquired CustomPack Ltd, formerly known as Chequer Foods Ltd, from Selecta Group, via its UK based company Single Source Ltd.
In Mar 2020, Portion Solutions manufacturing hand sanitizers to meet the demands of the market since lockdown. The Portion Solutions range has 70%+ and meets the exacting standards EN 1286 and EN 1500. Available in three specifications, the Portion Solutions range of hygiene products come in three individual formats such as hand gel in stick format, hand gel in sachet format, and hygienic hand wipe.
- Advancement in Packaging Designs
- Technology Advancement in the Processing Unit
- Increasing Environmental concern Regarding Damage Caused by the Packaging Material
- Rising Awareness to Reduce Food Losses and Promote Sustainable and Responsible Consumption
- Rising R & D for New Product Development
- Increasing Demand for Convenience Packs from Consumers
- Government Initiatives to Advocate against the Negative Consequences of Food Losses and Food Waste
Key Target AudienceVenture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Portion Packs Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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