Clear Hinged Container Market: An Overview
Transparent or clear packaging is in demand as it enables the consumers to assess the food freshness which allows customers to determine the quality of the food. Therefore, they are more likely to buy food products in which they can see through its packaging. Besides, the clear packaging if constructed in the right manner also leads to the extended shelf life of packaged food.
The clear hinged container market serves to cater to the needs of food & agro-industry retailers. Clear hinged containers have the ability to provide preservation, storage and convenience when it comes to the shipment of products. Thus, there is a wide scope for the clear hinged container market to grow. Preservation of the food products is a challenge for the brand owners for which the clear hinged container might be an apt solution.
The changing consumer lifestyle where the consumer wants the food product to remain fresh for a longer duration is likely to generate demand for clear hinged containers. The increasing penetration of supermarkets and retail stores in the developing countries has further boosted the demand for clear hinged containers.
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Clear hinged container market: Dynamics
The clear hinged container market is innovating by initiating the use of biodegradable plastic which has its focus on sustainability and recyclability. For example- containers made from recycled plastic bottles. The clear hinged container market is anticipated to grow by the push of consumer preferences demanding quality, sustainability, airtight containers which prevents leakage and provides aesthetical appeal to the package.
Additionally, the government regulations towards sustainability in the food industry are poised to raise the demand for the clear hinged containers made out of bio-plastics. The trends in the perishable food industry primarily – fruits, vegetables, bakery, dairy and meat are expected to positively impact the demand for the clear hinged container in the years to come.
In addition to this, the appealing aesthetics increases product visibility and makes it distinguishable which increases the adoption of clear hinged containers by several brand-owners.
The increasing awareness concerning the environmental issues, development in the regulatory requirements by the manufacturer, acknowledging health concerns and eco-friendly options are expected to hamper the demand for the clear hinged container market to some extent.
Clear Hinged Container Market: Regional Outlook
The food industry which has seen continuous growth in past years is going to pitch the demand for clear hinged containers. The Asia Pacific region is forecasted to contribute majorly in the global grocery market. Countries such as China, Indonesia and India might positively impact the market for the clear hinged container because of their share of consumption in the grocery and retail market.
The demand and affordability of premium food and grocery products will augment the growth of the food industry and the benefits of the clear hinged container are more likely to provide opportunities for the clear hinged container market.
Besides, the need for convenient transportation of products for increasing cross border demand, durability and storage, hygiene and perishability will enhance the growth of the market.
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Clear Hinged Container Market: Key Players
- Genpak LLC
- Berlin Packaging
- Sonoco Products Co
- Amcor Plc
- Graham Packaging Company
- Foshan Nanhai Man Luen Plastic Packaging Co., Ltd
- Alpha Packaging
- Berry Plastics corporation
- Dart Container Corporation
- Lacerta Group, Inc.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on cement packaging market segments and geographies.
Regional Analysis Includes
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East & Africa (MEA)
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Clear Hinged Container Market: Segmentation
The clear hinged container market is segmented based on the material, end-use, and region.
By Material, the global clear hinged container market has been segmented as follows-
- PET (polyethylene terephthalate)
- APET (Amorphous polyethylene terephthalate)
- CPET (Crystallized polyethylene terephthalate)
- PETG (Polyethylene terephthalate glycol)
- HDPE (High-density polyethylene)
- PVC (Polyvinyl Chloride)
- Bioplastics
By End-use, the global clear hinged container market has been segmented as follows-
- Packaging
- Bakery products
- fresh produce
- Meat
- Dairy products
- Frozen foods
- Others
- Storage
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