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Global PVDC Food Packaging Market 2019-2023| Increase in Adoption of Pouch Packaging to Boost Growth| Technavio

December 17, 2019 GMT
Global PVDC Food Packaging Market 2019-2023| Increase in Adoption of Pouch Packaging to Boost Growth| Technavio
Global PVDC Food Packaging Market 2019-2023| Increase in Adoption of Pouch Packaging to Boost Growth| Technavio

LONDON--(BUSINESS WIRE)--Dec 17, 2019--

The PVDC food packaging market size is poised to grow at a CAGR of over 6% during the period 2019-2023, according to the latest market research report by Technavio. Request a free sample report

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Technavio has announced its latest market research report titled global PVDC food packaging market 2019-2023.

PVDC is an optically transparent and flexible synthetic thermoplastic that is manufactured using polymerization of vinylidene chloride. It is a popular barrier material used for high-performance food packaging due to properties such as transparency, scratch and abrasion resistance, insolubility in organic and oil solvents, and moisture and chemical resistance against alkalis and acids. Also, PVDC is resistant to bacteria, mold, and insects, which is further driving its use as a barrier material in the packaging of cheese, processed meat, snacks, bread, and instant foods. These factors are expected to drive the PVDC food packaging market growth during the forecast period.

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR30494

As per Technavio, the increase in the adoption of pouch packaging will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other significant trends and market drivers that will affect market growth over 2019-2023.

PVDC Food Packaging Market: Increase in Adoption of Pouch Packaging

The changing consumer lifestyles and the shift in consumer preference toward flexible packaging solutions that offer ease of handling, storage, transportation, and convenient to use have led to an increase in the demand for pouch packaging solutions. Pouch packaging solutions have various advantages such as lightweight, high printability, and ability to meet the need for single-serve uses. Various properties of PVDC packaging film will increase its use as a packaging film in the manufacture of pouches. Hence, the increase in the adoption of pouch packaging will have a positive impact on the growth of the PVDC food packaging market during the forecast period.

“Other factors such as the rise in demand for biodegradable and sustainable packaging films, and evolution in global online grocery market will have a significant impact on the growth of the PVDC food packaging market value during the forecast period,” says a senior analyst at Technavio.

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PVDC Food Packaging Market: Segmentation Analysis

This market research report segments the PVDC food packaging market by end-users (dairy, meat, poultry and seafood, and other end-users) and geography (the Americas, APAC, and EMEA).

The APAC region led the market in 2018, followed by the Americas and EMEA respectively. The growth of the PVDC food packaging market share in APAC can be attributed to several factors such as the growth of grocery e-commerce, increasing demand for packaged food products, and rising urbanization in the region.

Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more.

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Some of the key topics covered in the report include:

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation

Geographical Segmentation

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at media@technavio.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20191217005564/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

KEYWORD:

INDUSTRY KEYWORD: PACKAGING MANUFACTURING

SOURCE: Technavio Research

Copyright Business Wire 2019.

PUB: 12/17/2019 06:00 PM/DISC: 12/17/2019 06:01 PM

http://www.businesswire.com/news/home/20191217005564/en