Dublin, April 24, 2015 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/rf4zvq/confectionery) has announced the addition of the "Confectionery Packaging Market in the US 2015-2019" report to their offering.
The Confectionery Packaging market in the US to grow at a CAGR of 4.22% over the period 2014-2019. In terms of the unit sales, flexible packaging is witnessing rapid growth because of the demand for stand-up pouches.
The forecast for the Confectionery Packaging market in the US is based on revenue and unit sales of confectionery packaged products in the market. In terms of revenue, there is a growing demand for small-sized packaging. Many retailers are opting for secondary packaging of goods rather than primary packaging. Many confectionery vendors are looking for light-weight materials to package their goods. Another trend in the market that is influencing its growth is the increased demand for recycled and biodegradable materials for packaging.
Growth in organized retail is one of the key trends upcoming in this market. The growth of the Organized Retail sector has created new avenues for the growth of the market. Displays in the Organized Retail sector play a huge part in attracting consumers who purchase confectionery products on the spur of the moment.
According to the report, one of the major factors that drive the market in the US is innovation in packaging. Eye-catching and novel packaging designs give retailers a competitive edge over other vendors in terms of product visibility.
Further, the report states that fragmentation of plastic packaging market is one of the major challenges that the market faces. The Global Plastic Packaging market is highly fragmented and competitive with the presence of many players worldwide. Many vendors prefer plastic as it increases the shelf-life of products. Most players operating in the global market are MSME companies whose business model is different from large corporations.
Key Vendors
- Amcor
- Bemis
- Crown Holdings
- Owens-Illinois
Other Prominent Vendors
- Aptar Group
- Graham Packaging
- Graphic Packaging
- Hood Packaging
- Kraft
- MeadWestvaco
- Silgan Holdings
- Solo Cup
- Sonoco Products
- Sweetheart Holdings
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Introduction
- Market Landscape
- Market Segmentation by Type of Packaging Material
- Market Segmentation by Type of Confectionery Product
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/rf4zvq/confectionery