Highly Visible Packaging Market in the US 2015-2019
About Highly Visible Packaging
Highly visible packaging is used for the packaging of the different products in the Retail and Food industries. This type of packaging provides the transparent packaging to products, which helps customers to see the product quality and quantity. This type of packaging is gaining importance in the US as it allows easy brand identification and product differentiation. It can also be inbuilt with child-resistant and tamper-proof features, which secure and protect the product enclosed in the package. There are various types of packaging that are considered as high visibility packaging, such as blister packaging, clamshell packaging, skin packaging, windowed packaging, tubs, cups, and trays.
TechNavio's analysts forecast the Highly Visible Packaging market in the US to grow at a CAGR of 5.55 percent over the period 2014-2019.
Covered in this Report
The report covers the present scenario and the growth prospects of the Highly Visible Packaging market in the US for the period 2015-2019. The report provides the segmentation of the market based on the following: types of products, end-user, and geography.
TechNavio's report, the Highly Visible Packaging Market in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It also covers the landscape of the Highly Visible Packaging market in the US and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
TechNavio Announces the Publication of its Research Report – Highly Visible Packaging Market in the US 2015-2019
TechNavio recognizes the following companies as the key players in the Highly Visible Packaging Market in the US: Amcor Ltd., Bemis Co. Inc., MeadWestvaco Corp. and Sonoco Products Co.
Other Prominent Vendors in the market are: Alcoa, Anchor Packaging, Caraustar Industries, Creative Forming, Curwood, DFB Pharmaceuticals, Drug Package, Eastman Chemical, Inline Plastics, North State Flexibles, Perfecseal and Printpack.
Commenting on the report, an analyst from TechNavio’s team said: “Enhanced protection criteria such as the improved protection, security, and safety of blister packaging are a major trend in the market. Vendors are using high-quality plastic and other raw materials for packaging purposes.”
According to the report, the growing demand for highly visible packaging in the Pharmaceutical industry is one of the major drivers of the market. According to the regulations by the FDA, all prescribed pharmaceuticals dispensed in hospitals and nursing homes are required to be packaged in unit-dose formats with barcodes to reduce dispensing errors. This has increased the sales of blister packs over the years.
Further, the report states that the high cost of raw materials, such as plastic and aluminum, is a major challenge faced by the market. These materials have volatile prices. In addition, the growing gap between demand and supply over the past few years has resulted in a rise in the prices of raw materials.
Amcor, Bemis, MeadWestvaco, Sonoco Products, Alcoa, Anchor Packaging, Caraustar Industries, Creative Forming, Curwood, DFB Pharmaceuticals, Drug Package,Eastman Chemical, Inline Plastics, North State Flexibles, Perfecseal, Printpack
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