Global PVDC Coating Food Packaging Market was valued at US$ 325.1 Mn in 2019 and is expected to reach US$ 501.2 Mn by 2026, at a CAGR of 5.56% during a forecast period.
The report includes the analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.
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Global PVDC Coating Food Packaging Market Segment Analysis
Dairy Products is expected to hold the largest share in the market during the forecast period owing to rising demand for dairy products among developing countries such as India and China. In addition, the growing GDP of various countries and increasing production of dairy products are other driving factors of the market. Meat, Poultry & Seafood is also expected to lead the market growth in a positive way during the forecast period.
Polyvinylidene Chloride (PVDC) is a vinyl polymer, which is used as raw material for food packaging. Major driving factors of the market are the growing living standard of consumer, increasing middle-class population across the globe, rising urbanization, the growing disposable income of consumers, and changing preference of consumers towards flexible packaging solutions.
The growing trend of packaged food is expected to surge the market growth during the forecast period. Expansion of the food & beverages industry has increased across the globe which is also driving the PVDC coating food packaging market growth. PVDC has flexible properties, which is expected to fuel the market growth during the forecast period.
The report provides an in-detail list of drivers and restraints, which are influencing the market growth and additionally, provides expected opportunities and emerging trends.
Global PVDC Coating Food Packaging Market Regional Insights
North America is expected to hold the largest share in the market during the forecast period owing to a rise in disposable income of consumers and changing lifestyles of the consumers. Government regulations are strict regarding the environment in North America and PVDC coating food packaging is eco-friendly which is one of the major reason boosting the market growth in this region. In addition, the rising popularity of PVDC coating food packaging in the food & beverages industry is fuelling market growth. Asia Pacific is expected to generate the highest CAGR during the forecast period.
The report includes a detailed study of Porter’s Five Forces model to analyze the different factors affecting the growth of the market. Moreover, the study also covers a market attractiveness analysis, PESTLE analysis, Value Chain Analysis, and SWOT analysis.
Global PVDC Coating Food Packaging Market, Key Highlights:
• Global PVDC Coating Food Packaging Market analysis and forecast, in terms of value.
• Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global PVDC Coating Food Packaging Market
• Global PVDC Coating Food Packaging Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.
• Global PVDC Coating Food Packaging Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.
• Global PVDC Coating Food Packaging Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.
• Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.
• Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global PVDC Coating Food Packaging Market are also profiled.
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Global PVDC Coating Food Packaging Market, by Application
• Dairy Products
• Fruits And Vegetables
• Baby Food
• Meat, Poultry & Seafood
• Pet Food
Global PVDC Coating Food Packaging Market, by Region
• North America
• Middle East & Africa
• South America
Global PVDC Coating Food Packaging Market Key Players
• Innovia Films
• Krehalon Food Packaging
• Marubeni Group
• MSP Corporation
• Bilcare Solutions
• Perlen Packaging
• Krehalon Food Packaging
• Sealed Air
• CCL Industries
• Jindal Poly Films
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