Stratview Research delivers key insights into the global Retail Ready Packaging Market. According to Stratview Research, the market is segmented by Product Type (Die Cast Display Box, Corrugated Paper Box, Shrink Wrapped Trays, Folding Cartons, and Others), by Material Type (Paper & Paperboards, Plastics [PETE, PE, and Others]), by Industry Type (Food [Dairy Products, Fruits & Vegetables, Meat & Poultry], Beverages, Cosmetic & Personal Care, Pharmaceuticals, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).

Market Insights

The report suggests that the overall Retail Ready Packaging Market size was valued at USD 62.82 billion in 2021 and is likely to grow at a CAGR of 4.74% during 2022-2028 to reach USD 87.09 billion in 2028.

Market Segments' Analysis

Based on the product type, the market is segmented as die-cast display boxes, corrugated paper boxes, shrink-wrapped trays, folding cartons, and others. Corrugated paper box is estimated to dominate the market during the forecast period, owing to their various benefits, such as it reduces stocking and labor cost easing handling and being directly put on the shelves.

Based on the material type, the market is segmented as paper & paperboard, and plastics. Paper & paperboard are expected to remain the dominant material in the market during the forecast period, as it is eco-friendly and more economical than plastics. Paper & paperboard material is widely used to make corrugated boxes, folding cartons, and die-cut containers. 

In terms of regions, Asia-Pacific is likely to maintain its dominance in the market during the forecast period, with China and India being the key growth engines of the region’s market. The region is also expected growth at the highest pace over the next five years. India and China are among the largest retail sectors in the world.

FREQUENTLY ASKED QUESTIONS

The report answers several questions related to the market. The user can get to know the answers to the following questions…

  • What is the global demand for Retail Ready Packaging Market in terms of revenue?
  • Which are the prominent players in the market?
  • At what CAGR is the market projected to grow within the forecast period?
  • What are the driving factors fuelling the growth of the market?
  • Which region accounted for the largest share in the market?
  • How did the Covid19 impacted the market?
  • How long will it take to recover from the Covid impact?

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