Albany, New York, September 25, 2018: Better shelf presence is of reclosable films is expected to be one of the key factors in increasing the sales of the product. Increasing emphasis on consumer convenience, easy re-sealing and the combination of flexible as well as rigid packaging formats, for a number of industry verticals such as food, personal & home care, and pharmaceuticals among others. Revenue earned from the digital map market are estimated to grow at a CAGR of 7.8% through 2026. These insights have been taken from the report titled “Reclosable Films Market – Global Industry, Size, Share, Growth, Trends and Forecast 2018 – 2026” added recently to the massive repository of Market Research Reports Search Engine (MRRSE).
The application of reclosable films for trays is expected to rise owing to its property of easy opening and reclosing, which makes it an attractive prospect for manufacturers in the food and beverage industry, particularly in frozen, ready to eat market.
Reclosable films are prone to wear and tear and have relatively low puncture resistance resulting in poor product quality. This is expected to be a major constraining factor for the growth of the reclosable films market. Easy peel reclosable films are expected to dominate the market and almost completely overshadow the market share of medium peel counterparts in terms of value during the forecast period.
Reclosable Films Market: Report Overview
This comprehensive report provides readers with regional as well as global-level analysis & forecasts on the reclosable films market, in terms of value (US$ Mn)and volume (Tons), for the period of forecast 2018 to 2026. Important business dynamics such as political, social and economic factors that are estimated to impact the requirement and demand for reclosable films have been highlighted and examined in the report.
An in-depth value chain analysis on the reclosable films industry has also been given in the report, and the report has been effectively utilized for helping the readers understand the competitive scenario among leading as well as new market players, with details such as SWOT analysis and business strategies. A comprehensive market attractiveness analysis has also been added to the report, where applications have been benchmarked on the basis of aspects such as market size, general attractiveness, and growth rate.
Reclosable Films Market: Research Methodology
Detailed discussions and interviews have been conducted with a number of prominent industry experts and opinion leaders in order to develop this report. Comprehensive primary and secondary research methodologies have been made use of, which have helped in in the compilation of reliable intelligence on the reclosable films market. Primary research represents the bulk of the research efforts, which has been supported by an extensive secondary research.
Leading companies and new entrants in the reclosable films market have been reviewed, while trusted data sources such as press releases, annual reports, and relevant documents have used for extracting an accurate analysis on the market’s competitor landscape. The research approach employed here has been tested and proven to be a most effective approach to get precise intelligence on the market data, recognizing latent business opportunities, and extracting useful intelligence on the actions of industry participants.
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