Oil Resistant Packaging Trends and Forecast
The future of the global oil resistant packaging market looks promising with opportunities in the packed snack, beverage, confectionery, cosmetic, pharmaceutical, and industrial markets. The global oil resistant packaging market is expected to grow with a CAGR of 5.3% from 2024 to 2030. The major drivers for this market are growing demand for packaged food products, increasing urbanization and industrialization, and growing awareness of food safety and hygiene.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Oil Resistant Packaging by Segment
The study includes a forecast for the global oil resistant packaging by type, application, and region.
Oil Resistant Packaging Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Paper
• Bag
• Laminations
• Boxes
Oil Resistant Packaging Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Packed Snacks
• Beverages
• Confectioneries
• Cosmetics
• Pharmaceuticals
• Industrial
Oil Resistant Packaging Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Oil Resistant Packaging Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies oil resistant packaging companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the oil resistant packaging companies profiled in this report include-
• Zanders
• Archroma
• SNP
• NTI
• Dupont
• Michelman
• Sun Grown Packaging
Oil Resistant Packaging Market Insights
Lucintel forecasts that paper and bag is expected to witness highest growth over the forecast period because it is used in a wide range of industries and application, including food packaging, retail packaging, and shipping and packaging.
Within this market, packaged snack will remain the largest segment because they are a popular option for customers of all ages as they are practical, inexpensive, and portable, along with various retail establishments, such as grocers, convenience stores, and vending machines, stock packaged snack.
North America is expected to witness highest growth over the forecast period due to rising demand for packaging technologies, along with large chain of fast food industries in the region.
Features of the Global Oil Resistant Packaging Market
Market Size Estimates: Oil Resistant Packaging Market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Oil Resistant Packaging Market size by type, application, and region in terms of value ($B).
Regional Analysis: Oil Resistant Packaging Market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, application, and regions for the oil resistant packaging market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the oil resistant packaging market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1. What is the growth forecast for oil resistant packaging market?
Answer: The global oil resistant packaging market is expected to grow with a CAGR of 5.3% from 2024 to 2030.
Q.2. What are the major drivers influencing the growth of the oil resistant packaging market?
Answer: The major drivers for this market are growing demand for packaged food products, increasing urbanization and industrialization, and growing awareness of food safety and hygiene.
Q3. What are the major segments for oil resistant packaging market?
Answer: The future of the global oil resistant packaging market looks promising with opportunities in the packed snack, beverage, confectionery, cosmetic, pharmaceutical, and industrial markets.
Q4. Who are the key Oil Resistant Packaging Market companies?
Answer: Some of the key oil resistant packaging companies are as follows:
• Zanders
• Archroma
• SNP
• NTI
• DuPont
• michelman
• Sun Grown Packaging
Q5. Which oil resistant packaging market segment will be the largest in future?
Answer: Lucintel forecasts that paper and bag is expected to witness highest growth over the forecast period because it is used in a wide range of industries and application, including food packaging, retail packaging, and shipping and packaging.
Q6. In oil resistant packaging market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to rising demand for packaging technologies, along with large chain of fast food industries in the region.
Q.7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the oil resistant packaging market by type (paper, bag, laminations, and boxes), application (packed snacks, beverages, confectioneries, cosmetics, pharmaceuticals, and industrial), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Oil Resistant Packaging Market, Oil Resistant Packaging Market Size, Oil Resistant Packaging Market Growth, Oil Resistant Packaging Market Analysis, Oil Resistant Packaging Market Report, Oil Resistant Packaging Market Share, Oil Resistant Packaging Market Trends, Oil Resistant Packaging Market Forecast, Oil Resistant Packaging Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.