South Korea Canned Food Packaging Market – Market Shares, Forecasts and Trends (2015 -2020)
South Korea Canned Food Packaging Market is expected to reach $xx billion by 2020 from the current estimate of $xx billion in 2015, at a CAGR of xx %. Factors contributing to the growth are: increasing demand for convenience by consumers, increase in disposable income and changing consumer behavior.
Canned food is a good source of nutrients, especially for people on tight budgets or with limited access to fresh foods. Can linings prevent the interaction of a food with a can’s metal. Epoxy resin, made from polymers containing Bisphenol A, has been favored for can coatings because it protects against metal corrosion and holds up to the heat extremes of sterilization.
Canned foods play an important role in global food market. Canned packaging foods can be preserved for months in a very similar state to its original form. Canned meat is continuing a trend toward cheap alternatives to chilled and frozen meat. While offering the advantages of a long shelf life and low prices, canned food suffers from a poor consumer perception of its healthiness and taste quality.
The South Korea Canned food packaging market is segmented on the basis of primary material (Glass, Paper, Metal, Plastic and Others), type of food product (Readymade meals, Fruits and vegetables, Meat, Sea Food and Others)..
This report describes a detailed study of the Porter’s five forces analysis, market segments, and current market trends. All the five major factors in these markets have been quantified using the internal key parameters governing each of them. It also covers the market landscape of these players which includes the key growth strategies and competition analysis.
The report also considers key trends that will impact the industry and profiles of leading suppliers of Canned Food Packaging Market. Some of the top companies mentioned in the report are Pactiv, Amcor, Genpak, Graham Packaging, Ball Corporation, Crown Holdings, Tetra Pak International and Others.
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