Packaging industry has seen a significant
evolution in the last few years. This growth was primarily down the
rapid developments in the FMCG sector. Over the years, health
supplements, electronic components, and food products sectors have
experienced considerable improvements in demand and are now easily
accessible because of effective packaging solutions. Cluster packaging
allows to transport a bulk of products at a time and has proven to be
very effective for the customers. Increased adoption of advanced
packaging techniques across the globe is expected to fuel the global
market for cluster packaging.
The global cluster packaging market has
seen a great boost in the recent times because people are ordering more
products in bulk and with packaging value being high vendors offer
better quality performance. Moreover, cluster packaging is more
economical compared to smaller packaging solutions in terms of service
capacity. Additionally, reusability properties of the cluster pack is
also lending a helping hand in the growth of the global cluster
packaging market. For instance, a Finnish food packaging company has
developed a new standard for plastics-free paperboard that will be used
for food packaging. The company has developed a disposable coffee cup
that is without the standard coating of polyethylene – making it 100%
reusable. The disposable cup has passed all the required tests and is
waiting for the certification.
Prevailing environmental issues has
forces the key players in the global packaging market to evolve and set
their business strategies accordingly. Different regulatory bodies such
as FDA of the U.S. and Food Safety Authority of Europe have imposed
numerous regulations for using eco-friendly and safe products,
especially in the food industry.
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Packaging market has been significantly
gro
wn in past few years because of the speedy development of FMCG
sector. Moreover, food products, health supplements, and electronic
components are some of the industries that have seen improvements
regarding demand over the last few years and are more easily available
due to an efficient packaging solution. Cluster packaging is useful to
carry bulk products at a time and very handy for consumers. Demand for
cluster packs is expected to be driven by increasing adoption of
packaging technology across developing geographies of the globe.
The global cluster packaging market can
be segmented on the basis of material type, product type, packaging
style, number of tier type, end-use and by region. On the basis of
material type cluster packaging can be segmented into paper &
paperboard, plastic, and others. Further paper & paperboard can be
categorized into corrugated paper, Kraft paper, poly coated paper,
folding box board and others. On the basis of product type cluster
packaging can be segmented into bottles & jars, cans, containers,
boxes, cups, and others.
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