NEW YORK, Oct. 28, 2021 /PRNewswire/ -- As per the report published by Market Research Store, global demand for On the Go Packaging market was valued at approximately USD 2,290 Million in 2019, and is expected to generate revenue of around USD 3,309 Million by end of 2026, growing at a CAGR of around 5.4% between 2020 and 2026.
On-the-go packaging is a state-of-the-art packaging solution that offers convenience and easy transportation. This packaging solution may be categorized into cans, films and wraps, trays, rigid boxes, bottles, sachets, and jars. Cereal meals, bakery, sandwiches, drinks and egg foods are some of the products on-the-go which is used to pack the packaging solution referred to above. Paperboard packaging and flexible packaging are the two type of on the Go Packaging.
Get Free Sample Report with All Related Graphs & Charts (with COVID 19 Impact Analysis): https://www.marketresearchstore.com/sample/on-the-go-packaging-market-828538
Major players in the market are Bemis, Berry Plastics, American Packaging, Amcor, Bryce, InterFlex, Huhtamaki, Mondi, Sigma Plastics, Coveris, Hood Packaging, Novolex, Pregis, Sealed Air, Proampac, Scholle IPN, Sonoco Products, Printpack, 0020Oracle Packaging, WestRock, and Winpak among others.
Growing Demands for On-The-Go Foods and Proactive Consumer's Lifestyles have driven Demand for the Market.
Increased consumer preferences for processed foods are the main driving forces on the global market for on-the-go packaging. The global on-going packaging market is expected to grow consumer inclination towards portability, reusability, simple use, and re-closable characteristics. In addition, the pharmaceutical industry is also contributing to the growing demand for such packaging solutions. Medicines such as syrups, tablets, and ointments require re-closable ability that will drive the on the go packaging market. Health and hygiene products, other consumer goods, and the increasing consumption of dairy-based food products are anticipated to fuel global market demand during the forecast timeline. Furthermore, rising emphasis on manufacturers investing in the development of an innovative packaging solution promotes the market growth of on-the go packaging. Citing an instance, Nestlé had announced in January 2020 that it would invest up to USD 2.09 billion in transforming virgin plastics into recycled food-grade plastics and speeding up the development of innovative sustainable packaging solutions. Certain initiatives are propelling the market growth in recent years.
Request Pre and Post COVID-19 Impact Analysis on Businesses: https://www.marketresearchstore.com/covid19/on-the-go-packaging-market-828538
North America & Asia Pacific Region Projected To Dominate Global On the Go Packaging Market Growth
Geographically, the global on the go packaging market has been analyzed into five major regions. In 2019, North America is dominating the global market owing to presence of several numbers of players in the packaging sector. Besides the presence of an established mature packaging industry and changing customer patterns, regional market development is also a significant factor. Asia-Pacific is projected to grow at a fastest rate during the projected years. Increasing consumption of ready to eat food, increasing disposable income and the growing population, are the major market dynamics that will aid the market to grow in next five years.
Browse the full "On the Go Packaging Market By Flexible Packaging (Clamshells, Peel off Lids, Plastic Trays, and Zip Pouches), By Paperboard Packaging (Corrugated Boxes, Folding Cartons, and Rigid Boxes), and By End User (Food Beverage, Healthcare, Hygiene Products, Personal Care Industries, and Pharmaceuticals): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 - 2026."
Get More Insight before Buying @ https://www.marketresearchstore.com/inquiry/on-the-go-packaging-market-828538
The global On the Go Packaging market is segmented as follows:
By Flexible Packaging:
- Clamshell
- Peel off Lids
- Plastic Trays
- Zip Pouches
By Paperboard Packaging:
- Corrugated Boxes
- Folding Cartons
- Rigid Boxes
By End User:
- Food & Beverage
- Healthcare
- Hygiene Products
- Personal Care Industries
- Pharmaceuticals
Directly Purchase a Copy of the Report with TOC @ https://www.marketresearchstore.com/checkout/828538/0/r
By Region:
- North America
- The U.S.
- Canada
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Browse all other Packaging Industry Research Reports - https://www.zionmarketresearch.com/category/packaging
About Us:
Market Research Store is a single destination for all types of industries, global, and regional reports. We feature large repository of latest industry reports and market statistics published by reputed private publishers and public organizations. Market Research Store is the comprehensive collection of market intelligence products and services available. Our vast database of reports enables our clients to benefit from expert insights on global industries, products, and market trends.
Our Research Specialists have thorough knowledge about offerings from different publishers and different reports on respective industries. Our enabled team will help you refine search parameters and get desired results at your fingertips. Apart from the published market research reports, we also provide customized study on any topic to meet the varied and niche requirements of our clients. Whether you are looking for new product trends, competitive analysis or study on existing or emerging markets, Market Research Store has best offerings and expertise to get the critical information for you. You can also choose the option to purchase full reports or sections from the report to match your specific requirements.
Contact Us:
Market Research Store
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll Free No.1-855-465-4651
Email: sales@makretresearchstore.com
Website: https://www.marketresearchstore.com/
Blog - https://thefoodbeveragenews.com/
