The packaging nets market was estimated at US$ 890 million in 2022, and in 2023 it is anticipated to be worth US$ 914.51 million. The market is anticipated to grow at a CAGR of 3% between 2023 and 2033, reaching US$ 1.2 billion. For a variety of factors, packaging net demand has grown among food and consumer brand manufacturers.
Customers may see and touch the finished packaged goods, which makes packaging nets acceptable and appealing packaging options. Additionally, the labels of the suppliers are also readily apparent, aiding in branding transparency. The packaging is becoming more appealing due to the products’ easy visibility. These and other factors are improving the market for packing nets.
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Market Competition
The packaging nets market is competitive, with the presence of various regional and global players. To achieve a competitive advantage in the market, firms compete on a variety of variables such as product offerings, price, material quality, and marketing efforts. Companies are utilizing digital and social media marketing to notify people about new product launches. Some of the key companies manufacturing packaging nets are-
Some Recent Developments in Packaging Nets Market are –
- In July 2022, Mativ Holdings, Inc. announced the successful completion of the merger of equals between Schweitzer-Mauduit International, Inc. (“SWM”) and Neenah, Inc. (“Neenah”), two leading global manufacturers of specialty materials, effective July 6, 2022. Mativ has approximately $3 billion in sales, supporting customers in more than 100 countries, and manufacturing capabilities on four continents. Beginning Wednesday, July 6, 2022, the Company will commence trading on the New York Stock Exchange (NYSE) at the market open, under the new ticker symbol “MATV.”
- In April 2022: The Mondi Group has declared launching of new packaging solutions for the food industry. Two-tray packaging products will provide recyclable options for fresh food manufacturers and can help reduce food waste. PerFORMing monoloopand monoi formable PP will provide food protection, demonstrating how packaging plays a crucial role throughout the supply chain.
- In April 2022: Sealed Air (SEE) declared its partnership with ExxonMobil and Ahold Delhaize, which will facilitate the recycling of plastic material used in the food supply chain to create new food-grade packaging products.
Key Companies
- SWM
- EXPO-NET
- Giró Group
- GSH Group
- Intermas
- Lenzing
- MAAR
- NorPlex Inc.
- S.M. Enterprise
- Starlinger Group
Industry Survey
- By Source :
- Natural
- Synthetic
- By Type :
- Extruded Nets
- Knitted Nets
- By Form :
- Bags
- Rolls
- By Application :
- Food
- Fruits and Vegetables
- Meat & Seafood
- Others
- Non-food
- Consumer Goods
- Sports Accessories
- Others
- Food
Key Questions Covered in the Packaging Nets Market Report
- What is the projected value of the Packaging Nets factors Industry in 2022?
- At what rate will the global Packaging Nets factors market size grow until 2032?
- Which are the factors hampering the growth of Packaging Nets factors?
- Which region is expected to lead in the global Packaging Nets factors market by 2032?
- Which are the factors driving the Packaging Nets factors Industry during the forecast period?
- What is the expected market value of the Packaging Nets factors market during the forecast period?
Regional Analysis for Packaging Nets Market:
- APAC (Japan, China, South Korea, Australia, India, and the rest of APAC; the rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
- Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
- North America (USA, Canada and Mexico)
- South America (Brazil, Chile, Argentina, Rest of South America)
- MEA (Saudi Arabia, United Arab Emirates, South Africa)
What makes Fact.MR report stand out from others?
- Fact.MR follows a six-point mechanism known as E.V.O.L.V.E. (Evaluate. Visualize. Overcome. Leverage. Verify. Eradicate.). The report is specially created to assess the COVID-19 impact on the Packaging Nets industry. This mechanism focuses on almost all the factors in a definite manner to provide the best research report for the industry stakeholders.
- Evaluate: A Fact.MR report evaluates every small aspect that can prove to be a growth generator for the Packaging Nets industry, thus, making it different and special from other reports.
- Visualize: The authors involved in the research activities visualized the post-COVID-19 era so that the key stakeholders of industry get an overview and helps them take certain steps to ensure continuous growth during the forecast period.
- Overcome: The report scrutinizes on points that can prove to be an Achilles heel to the Packaging Nets industry and assists to create strategies to overcome the obstacles that may hinder the growth of the Packaging Nets industry.
- Leverage: The Packaging Nets industry can leverage certain aspects that can prove beneficial for the increase in growth rate. Fact.MR covers all the points on which the key stakeholders can leverage upon.
- Verify: Research is done systematically to assure validation of all the aspects covered in the report. All the points are rechecked and verified thoroughly to avoid flaws and fake information.
- Eradicate: Last but not the least, this aspect helps the key stakeholder eradicate all the obstacles that come between the growth rate and the Packaging Nets industry.
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