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FMI, in its upcoming business report, elaborates the historical and current scenario of the global PVC-Free Packaging market in terms of production, consumption, volume, and value. The report scrutinizes the market into various segments, regions and players on the basis of demand pattern and growth prospects.
Crucial information and forecast statistics covered in the PVC-Free Packaging market report will arm both existing and emerging market players with necessary insights to craft long-term strategies as well as maintain business continuity during a crisis such as the ongoing COVID-19 pandemic.
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COVID-19 Impact Analysis on PVC-Free Packaging Market
The recent outbreak of the COVID-19 has adversely affected various markets in the packaging industry, and the PVC-Free Packaging market is no exception. Products which are deemed ‘essential’ continue to experience significant sales, while non-essential items faced a sharp decline in demand.
Following government’s measures, particularly social distancing norms and stay-at-home orders, companies operating in the PVC-Free Packaging market have put their production on a halt. Additionally, movement restrictions and supply chain disruptions have created a logistical nightmare for market players, leading to severe product shortages in the global marketplace. Several market players are further planning to relocate their supply chain from China – the first epicenter of the COVID-19.
The FMI’s report includes an interesting chapter on preliminary impact of the COVID-19 on the PVC-Free Packaging market. This allows both leading and emerging market players to understand the market scenario during a crisis and aids them in making sound decisions to gain a distinct competitive edge.
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Global PVC-free packaging market: Key players
Some of the key players operating in the global PVC-free packaging market are –
- Crown Holdings, Inc.
- Amcor Limited
- Sacmi Group
- Tekni-Plex, Inc.
- Constantia Flexibles Group GmbH
- Selig Group
- Technovinyl Polymers India Ltd.
- World Bottling Cap, LLC
- Danbury Plastics
- Manufacture Générale de Joints SAS
- Mexichem Specialty Compounds Inc.
PVC-free packaging: Significance
PVC has a high chlorine content which releases toxins, and makes its way up the food chain from animals’ fat. PVC exposure causes exposure to phthalates, which is harmful for human health. As a result, many packaging manufacturers are stressing the production of PVC-free packaging formats.
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Global PVC-free packaging market: Segmentation
Globally, the PVC-free packaging market has been segmented as –
On the basis of product type, the global PVC-free packaging market is segmented as –
- PVC-free Blisters
- PVC-free closures
- PVC-free Liners
- Others
*The pricing has been calculated on the basis of product type, wherein, the weighted average prices for product variants was calculated
On the basis of end use industry, the global PVC-free packaging market is segmented as –
- Food & Beverages
- Cooked vegetables
- Pasteurized products
- Others
- Pharmaceutical
- Cosmetics & Personal Care
- Homecare
- Chemical & Fertilizers
- Others
Important Questions Answered in the PVC-Free Packaging Market Report
- Which end user remains the top revenue contributor in different regional markets?
- At what rate has the global PVC-Free Packaging market been expanding during the forecast period?
- How will the global PVC-Free Packaging market look like by the end of the forecast period?
- What innovative strategies are adopted by PVC-Free Packaging market players to stay ahead of the pack?
- What are the restraints affecting the growth of the global PVC-Free Packaging market?
Key Offerings of the Report
- Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for market players in different regional markets
- Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
- Segmental Analysis: Extensive analysis on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
- Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions
- Competitive Landscape: All-inclusive insights on both leading and emerging players vying for a slice of the PVC-Free Packaging market