Single Serve Packets Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

Single Serve Packets Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

  • Transparency Market Research
  • Ongoing
  • Packaging

Report Description

A single serve packets is a small pouch made from foil, paper, or plastic film. Single serve packets usually used to pack single-use quantities of consumer goods such as foods, ketchup, or shampoo. The market of single serve packets is growing at significantly high growth rate as global packaging industry growing at a rapid CAGR.

Single Serve Packets Market: Dynamics

The growth of global single serve packets market is driven by the rising concern among the consumers about the legitimacy of products they buy due to the availability of counterfeit FMCG and pharmaceutical products in the market. To counter the same, manufacturers are also opting for new packaging technologies for their products that not only confirms the authenticity of their products; it also helps in endorsing their products. Furthermore, due to various advantages of single serve packets such as increasing shelf life, convenience in travelling, and less weight and space required for product can be attributed to the growth of global single serve packets growth. Some of the trends identified in the global single serve packets market are partnerships among the single serve packets providers and consumer product manufacturers, growing sampling trend. However, the cost of single serve packets is a costlier compared to large packets might hamper the growth of global single serve packets market globally. The company manufacturing single serve packets have significantly high opportunity in regions such as Asia-Pacific, Latin America, and Middle East Africa as in these regions the packaging industry is experiencing significantly high growth rate which will lead to the growth of clamshell and tray cartons market.

Single Serve Packets Market: Segmentation

Basically, single serve packets market is segmented into packaging material, end use, and by region. On the basis of packaging material the single serve packets market is segmented as plastic and paper. Plastic packaging is further sub-segmented into polyethylene, polypropylene, polyamide, polystyrene, polyvinyl chloride, and others. Among these plastic packaging market has significantly high value and volume share. The global single serve packets market is segmented on the basis of end use as cosmetics, food, FMCG, pharmaceuticals, and others. The food segment has the significantly high-value share with substantial growth rate, followed by FMCG industry.

Based on packaging material, the global single serve packets market is segmented into:

  • Plastic
    • Polyethylene
    • Polypropylene
    • Polyamide
    • Polystyrene
    • Polyvinyl Chloride
    • Others
  • Paper

Based on end use, the global single serve packets market is segmented into:

  • Cosmetics
  • Food
  • FMCG
  • Pharmaceuticals
  • Others

Single Serve Packets Market: Regional overview

Based on the geographies, global single serve packets market is segmented into five key regions -- North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Among the aforementioned regions, Asia Pacific accounts for significant volume share of single serve packets market, owing to the rapid rise in demand for economical priced products in the region as compared to other regions. North America is followed by Asia Pacific market for single serve packets market. The Europe market for single serve packets is followed by the North America market, owing to the substantial growth of packaging industry in the region and demand for new technologies in packaging from different industries. Overall, the outlook of single serve packets market will have a positive growth over the forecast period, owing to the emergence of packaging industry as an anti-counterfeiting measure.

Single Serve Packets Market: Key Players

Some of the key players of the clamshell and tray cartons market are FasPac, Multisorb Technologies, Inc., Paket Corp., Ultra Seal, LRM Packaging, Inc., M.J. Rapoport & Co., Inc., Genesis Plastics Welding, Sonic Packaging Industries, Inc., Compact Industries, Puritan Medical Products Co. LLC, Unette Corporation, Sierra International LLC, Cal Plastics & Metals, Xtreme Printing & Packaging Services, George Gordon Associates Inc., Xelapack, Inc., Cincinnati Convertors, Inc., etc.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.



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