Meatainers Market: Online Sales to Register High Volume CAGR

Posted on 2019-07-05 by Mark Hub in Industrial // 0 Comments

Rockville, USA, 2019-Jul-05 — /EPR Network/ — Fact.MR’s take on the future of the global meatainers market expects a moderate growth in the coming years. While meatainers will remain a key commodity in meat & poultry packaging vertical, manufacturers fail to increase their profitability across these products. High strength and durability of meatainers is lowering their sales by exhibiting a low replacement rate. It has been estimated that by the end of 2026, nearly 500,000 tons of meatainers will be sold worldwide in the meat production & processing industry. The report further assesses that the global meatainers market will reflect moderate expansion at a CAGR of 4.9% in terms of value over the forecast period, 2017-2026.

Pivotal role of packaging containers in the storing and transportation of fresh or processed meat keeps gaining significance in the global food industry. The essential utility of these “meatainers” in eliminating the risks of secondary contamination of meat and providing the required strength and durability is valued by meat production companies across the globe. Fact.MR estimates that the worldwide sales of meatainers will bring in over US$ 210 million revenues by the end of 2026. However, the report reveals a moderate growth in demand for meatainers in the coming years. During the period, 2017-2026, the global market for meatainers is pegged to register a modest CAGR of 4.4% in terms of volume.

Request Free Sample Report Here:

https://www.factmr.com/connectus/sample?flag=S&rep_id=515

Key Deterrents for Growth of Global Meatainers Market

Through 2026, the subtle growth foreseen for global meatainers market will be instrumented by the impact of several industry trends, manufacturing challenges and regulatory developments.

Being heavy duty in nature, meatainers are widely used to store and convey large volumes of meat, albeit, their rigidity creates challenges for transportation
Lack of proper handling features is a key shortcoming for majority of meatainers manufactured worldwide
Meat processing units and raw production facilities are becoming consolidated, which is eventually lowering the use of meatainers for short-term storage and single-trip transportation

Considering the dwindling profitability of packaging products and the fluctuating prices of meat products, this report has generated datapoints on how market players can minimize risks. By revealing lucrative regions and countries for market expansion, this report can enable these companies in re-strategizing their global measures. Authentic databases and constant dialogue with market players are the key sources of procurement baseline information for market size forecasting. This data is aggregated to create a framework on how the demand for meatainers will evolve in the near future. Statistical formulations and tested analytical techniques have been employed for forecasting the growth of global meatainers market across multiple parameters. Qualitative data has been infused with quantitative findings to bolster the accuracy of forecasted market size evaluations. Segmental and cross-segmental analysis is another highlighted refactoring of the data procured through primary and secondary research methodologies.

Online Sales of Meatainers to Register High Volume CAGR; Competition Tracking to Reflect Consolidated Presence of Packaging Giants

While meatainers are predominantly sold offline, soaring penetration of online vendors in the packaging landscape have diversified the traditional sales avenues for meatainers. In 2017, nearly 280,000 tons of meatainers were sold offline across the globe. Over the forecast period, online sales of meatainers are pegged to register rapid growth by reflecting a 6.1% CAGR in terms of volume. Prominent packaging companies such as Abbe Corrugated Pty. Ltd, Amazing Packaging Supplies, Orora Limited, Lyburn Supplies, Heathpak Ltd., Packaging Corporation Of America, WestRock Company, Smurfit Kappa Group PLC, DS Smith and International Paper Co. are active participants in the global meatainers market, capturing opportunities to soar and congruently balance the online and offline sales of their products. Furthermore, companies namely, Industrial Packaging Corporation, CoolSeal USA, Charta Packaging, Austcor Packaging

Have Any Query?? Ask Our Industry Expert:

https://www.factmr.com/connectus/sample?flag=AE&rep_id=515

About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

Matched content

Editor’s pick