Report Ocean has recently released a comprehensive research report on the global Stick Packaging Market. The report offers a detailed analysis of various market characteristics, such as size, growth, segmentation, regional and country breakdowns, competitive environment, market shares, trends, and strategies. It also provides insights into the impact of the COVID-19 pandemic on the market.
Global Stick Packaging Market is valued approximately USD 0.3 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 6.26 % over the forecast period 2020-2027.
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Stick packaging is a form of flexible packaging commonly used for packaging foodstuffs. For on-the-go goods, stick packaging is vertical, elongated, and is easy to manage. Based on their form, liquids can conveniently be poured into stick bags. They are more cost-effective than any other form of packaging. As opposed to any other type of packaging, they have a lower environmental impact. The market is driven by the management of convenience, cost-effectiveness, innovation, growing disposable income and growth in the global retail market, nutritional consciousness of processed food, the awareness of nutritious and safe food, rising the population of the world. For instance, in 2020, according to the WHO, an estimated 600 million people, almost 1 in 10 people in the world, suffer every year from food poisoning after eating poisoned food. However, decreased intake of sugar for nutritional purposes, inability to change current forms of packaging impedes the growth of the market over the forecast period of 2020-2027.
The regional analysis of global Stick Packaging Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of cost-effectiveness, packaged food because of the health consciousness. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as handling simplicity, creativity, growing disposable income and development in the global retail market would create lucrative growth prospects for the Stick Packaging Market across Asia-Pacific region.
Major market player included in this report are:
Amcor Limited
Sonoco Products Company
Constantia Flexibles
Huhtamaki OYJ
Mondi Group
Bosch Packaging Technology
Fres-Co System Inc.
Oystar Group
UDG Healthcare PLC
Winpak
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Material:
Polyester
BOPP (Biaxially Oriented PolyPropylene Films)
Paper
Aluminum
Metallized Polyester
Polyethylene
Polypropylene
By Application:
Food & Beverages
Pharmaceuticals
Consumer Goods
Nutraceuticals
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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Here are the key questions addressed in the report:
- What is the potential for growth in the Stick Packaging market?
- Which product segment is expected to dominate the market?
- Which regional market is likely to emerge as a frontrunner in the future?
- Which application segment is poised for strong growth?
- What are the potential growth opportunities that may arise in the Stick Packaging industry?
- What are the major challenges that the Stick Packaging Market may face in the future?
- Who are the leading companies in the Stick Packaging Market?
- What are the key trends positively impacting the market’s growth?
- What growth strategies are being considered by the market players to maintain their position in the Stick Packaging Market?
Our sample report encompasses the following elements:
- Introduction, Overview, and In-depth Industry Analysis: A comprehensive analysis of the industry, providing an updated report introduction along with an in-depth examination of key aspects.
- Research Report of 200+ Pages: The report consists of more than 200 pages, incorporating the latest research findings and insights.
- Chapter-wise Guidance: We offer chapter-wise guidance upon request, allowing you to navigate the report and delve into specific areas of interest.
- Updated Regional Analysis with Graphical Representation: Our report includes an updated regional analysis, presented in a graphical format to illustrate the size, share, and emerging trends within each region.
- List of Tables and Figures: It features an updated list of tables and figures that support the information presented in the report.
- Top Market Players: The report includes a comprehensive analysis of the leading market players, highlighting their business strategies, sales volume, and revenue analysis.
- Facts and Factors Research Methodology: Our research methodology is based on a rigorous approach, ensuring the accuracy and reliability of the information presented in the report.
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