Zion Market Research Fresh food packaging market, 2015 - 2021 | Page 3

FMCG Packaging Market

market is further segmented as aluminum, LDPE coated, uncoated paperboard,
polyethylene terepthalate (PET), and high-density polyethylene (HDPE). Further based
on the end-user application, the global market is segmented as food, health care,
personal care, anti-aging and beauty products, OTC products, and others.
Geographically, the global fast moving consumer goods packaging market is segmented
as North America, Europe, the Middle East, Asia Pacific, Latin America, and Rest of
World.
Rising income of average earning class and spending capability, as well as increasing
population in developing countries, are some factors boosting the demand for FMCG
products for daily application, hence rising the demand for FMCG packaging market.
Significant change in consumer lifestyle and availability of wide range of various FMCG
products are driving the market growth. Constant development in packaging standards,
designs, raw materials, with respect to the environment, by the manufacturers, is also
one the factors boosting the market growth. Consumer focuses on premium packaging
alternative due to eco-friendly materials, health factors, and many other parameters.
Utilization of packaging for advertisement and branding purpose by the manufacturers
among the consumers is also responsible for the growing demand of the FMCG
packaging.
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