Lewes, DE -- (SBWire) -- 11/19/2015 --Report forecast the global stick packaging market to grow at a CAGR of 6.33% over the period 2015-2019.
In broader terms, packaging refers to the method of enclosing a product for the purpose of storage, distribution, sale, and use. Stick packaging comes under the category of flexible packaging, which is a non-rigid method of packaging. Stick packaging products are made of flexible or easy-yielding materials that can easily change shape based on the nature of the product being packaged. These materials include plastic, aluminum, and paper. These materials undergo a detailed conversion process, which can include printing, lamination, coating, and extrusion, to develop different sizes stick packaging, depending upon the requirement of the product packed in it. Stick packaging are mainly used to pack the products such as sweetener, powdered milk, RTD coffee and tea, and various pharmaceutical products. Packaging these days is not only used to protect a product from spoilage, it also plays an important role in improving the overall aesthetic appeal of the product, provides essential information about the product, and offers convenience for consumers in terms of handling/carrying the product.
The report covers the present scenario and the growth prospects of the global stick packaging market for the period 2015-2019. The market can be segmented into two based on types of end-users and geography.
Global Stick Packaging Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers North America, APAC, Europe, and ROW; it also covers the global stick packaging market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
According to the report, we see increased demand for single-serve packs because of the rising number of working people. Retailers prefer single-serve packs because they encourage consumers to spend more. Sustainability is also expected to gain increased market traction during the forecast period.
Key regions
- APAC
- Europe
- North America
- ROW
Key players in the Global Stick Packaging Market: Amcor, Constantia Flexibles, Huhtamaki, Mondi Group and Sonoco Products
Other Prominent Vendors in the market are: Aaron Thomas, Bemis, Bosch Packaging, GreenSeed, GSC Packaging, PNP Pharmaceuticals, Selo, Turpack, UDG Healthcare, WePackItAll and Winpak
Market driver
- Demand for single-serve packages
- For a full, detailed list, view our report
Market challenge
- Stringent government regulations
- For a full, detailed list, view our report
Market trend
- Demand for sustainable packaging
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 61 pages "Global Stick Packaging Market 2015-2019" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by application, Geographical segmentation, Key leading countries, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.
Find more information Visit at: http://www.marketresearchreports.com/technavio/global-stick-packaging-market-2015-2019
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