Global Highly Visible Packaging Market Report to 2027 - Demand for Convenience Foods Drives Manufacturers to More High Visibility Packaging - ResearchAndMarkets.com

The "Global Highly Visible Packaging Market Size, Trends & Growth Opportunity, By Type, By End Use Industry, By Region and Forecast till 2027." report has been added to ResearchAndMarkets.com's offering.

The Highly Visible Packaging Market was valued at USD 39 Bn in the year 2021 which is s expected to reach USD 60.1 Bn by 2027, at a CAGR of 7.55% from 2021-2027.

Packaging is one of the fastest growing industries which is in continuously changing according to demand from end users as well as consumers. Packaging not only represents the indent of a brand or company, but doubles as a means of offering consumers information & messages regarding various aspects of a product or brand. Highly visible packaging enables a company to differentiate its products from that of competitors in the market & helps to increase visibility owing to features like attractiveness.

Market Drivers

The increase in demand for the packaging industry in pharmaceutical for the storage & delivery of medicines will drive the market in the forecast period. Also, the capability to be durable, such as highly protective covering & tamper-proof, makes it a profitable option for product manufacturers & indirectly for consumers. During the COVID pandemic, restaurants focused on take-away and food deliveries during lockdowns, growing the use of high visibility single-use plastic food containers. This affected the studied market & led to an increase in sales.

The demand for convenience foods drives manufacturers towards using more high visibility packaging as ease of use plays important role in customer purchase decisions. High visibility packaging delivers clarity to improve product identification & protection from damage and contamination. In the case of pharmaceutical packaging, it facilitates patient compliance with drug regimens and improves distribution, and recordkeeping for health care providers & institutions.

Market Restraints

However, increase in the use of plastics like PE, HDPE, LLDPE, PP, LDPE, and others for all packaging needs is gradually compelling manufacturers to opt for recyclable alternatives, reducing product visibility. Furthermore, relatively high capital expenditure of this type of packaging technology currently is resulting in hesitation among manufacturers to invest in setting up this technology which is expected to act as a restraint for growth of the highly visible packaging market over the forecast period.

Key Questions Addressed by the Report

• What are the Key Opportunities in Global Highly Visible Packaging Market?
• What will be the growth rate from 2021 to 2027?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?

Company Profiles

• Amcor Limited
• Imex Packaging
• Drug Package Inc
• Anchor Packaging
• Bemis Corporation
• Sonoco Corporation
• Bayer AG
• Rohrer Corporation
• Reynolds Group Holdings Limited
• Mondi Group

Market Segmentation

By Type

• Clamshell Packaging
• Blister Pack
• Shrink Wrap
• Windowed Packaging
• Plastic Container Packaging
• Glass Container
• Corrugated Box

By End Use Industry

• Food & Beverage
• Healthcare
• Manufacturing
• Agriculture
• Fashion and Apparels
• Electronics and Appliances
• Others

By Region

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa

For more information about this report visit https://www.researchandmarkets.com/r/gfcbsw

View source version on businesswire.com: https://www.businesswire.com/news/home/20220818005353/en/