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1. ICT Punnet Packaging Market Analysis, Strategic Assessment, Trend Outlook And Business Opportunities June 22, 2021  Transparency Market Research delivers key insights on the punnet packaging market in its published report, which includes global industry analysis, size, share, growth, trends, and forecast for 2019–2027. In terms of revenue, the global punnet packaging market is estimated to expand at a CAGR of ~5% during the forecast period, owing to numerous factors, about which, TMR offers thorough insights and forecasts in this report. Request a sample to get extensive insights into the Punnet Packaging Market Punnet Packaging: An Overview Punnet packaging is designed to provide physical protection from shocks and tremors to packaged fruits throughout the supply chain. The use of punnet packaging aids in maintaining product integrity and enhancing the shelf life of packaged fruits. Also, punnets can be equipped with vents, which ensures controlled oxygen flow and aids in retaining the freshness of the packaged fruits. These factors are expected to drive the growth of the global punnet packaging market in the coming years. Europe & U.S. to Account for Lion’s Share in Global Punnet Packaging Market According to TMR analysis, North America holds of the global punnet packaging market, and is expected to continue its lead over other regions. The U.S. is expected to account for ~80% of the punnet packaging market in North America. However, Canada is projected to clock a CAGR of ~6% during 2019-2027. The penetration of punnet packaging is relatively prominent in the U.S. and Canada. This growth can be attributed to the presence of organized retail chains that sell fresh produce in sophisticated packaging solutions such as punnets or clamshells. This has remained as the key driver for the North America punnet packaging market in the past years, and is expected to further fuel demand. Buy Now: https://www.transparencymarketresearch.com/checkout.php?rep_id=40595&ltype=S Europe accounts for ~¼ of the global punnet packaging market, representing an incremental opportunity of ~US$ 100 Mn over the forecast period. The developed countries of Western Europe cumulatively account for ~65% of the European punnet packaging market. However, Russia & Poland are expected to witness substantial growth and represent a cumulative incremental opportunity of ~US$ 23 Mn in the next five years. In terms of material, the plastic segment remains prominent in the global punnet packaging market, and this is expected to continue during the period of forecast. However, it is projected to suffer a loss in its market share, as paper and molded fiber punnet packaging solutions gain traction in the region. Under-tapped Market of Asia Pacific to Represent Remunerative Growth Opportunities The Asia Pacific region holds ~20% of the global punnet packaging market share, and is projected to witness substantial growth in the years to come. Most of the middle-class population tend to buy fresh produce from local vendors rather than established retail chains. This has hampered the demand for punnet packaging. However, this scenario is changing with the increasing penetration of retail chains in the region. This is expected to boost the sales of punnets and provide investment opportunities for punnet packaging manufacturers operating in the region. In conclusion, packaging solutions that retain quality, yet entail less shipping and storage costs are expected to fuel the demand for punnet packaging in the years to come. Punnet Packaging Market: Competition Landscape In the global market report for punnet packaging, the competition landscape is discussed. Key players profiled in the punnet packaging market are Coveris Holdings SA, Smurfit Kappa Group Plc., LC Packaging International BV, Groupe Guillin SA, Paccor Netherlands BV, Leeways Packaging Services Ltd., Tacca Industries Pty Ltd., Raptis Pax Pty Ltd., Infia S.r.l., Quinn Packaging Ltd., AVI Global Plast Private Limited, Royal Interpack Group, Alta Global Inc., Ilip S.r.l., and T&B Containers Ltd. To understand how our report can bring difference to your business strategy, Ask for a brochure Global Punnet Packaging Market Structure Punnet Packaging Market by Capacity Up to 150 gm 150-300 gm 300-500 gm 500 gm and Above Punnet Packaging Market by Material Paper Molded Fiber Plastic PS PP PET PLA PVC Punnet Packaging Market by Product With Lid Without Lid Punnet Packaging Market by Region North America U.S. Canada Latin America Brazil Mexico Argentina Rest of Latin America Europe Germany France Italy Spain U.K. BENELUX Nordic Countries Russia Poland Rest of Europe Asia Pacific China India ASEAN Australia & New Zealand Japan Rest of APAC Middle East & Africa GCC Countries Northern Africa South Africa Rest of Middle East & Africa Read Latest Press Release By TMR: https://www.prnewswire.com/news-releases/rapid-growth-of-internet-retailing-promising-deals-of-same-day-delivery- spurs-growth-in-shipping-software-market-players-vie-to-enhance-merits-to-serve-vast-volume-during-covid-19— tmr-301305175.html Enter your comment... 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