Chub Packaging Market: Anticipated To Predict A Promising Growth Rate During The Forecast Period 2021-2031
Chub Packaging Market: An Overview
Chub packaging is a format best suited for grounded meat, beef and turkey. Moreover used to pack sausages, pet food and taco seasonings. The chub packaging is made up of different flexible packaging materials, such as polyethylene, polyvinyl chloride, nylon and polyethylene terephthalate. Its invention is backed to previous century, but still is used as a packaging solution because of its light weight. Today’s chub packaging market is driven by increase in demand for the food products packed with eco-friendly materials, and flexible packaging makes it more preferable option above trays and other packaging options such as boxes and wraps.
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Along with that chub packaging also offers fresh keeping of grounded meats of different kinds due to its flexibility. The chub packaging was discovered in the last century, but its usage is still prevailing and growing, due to the wider applications as well as multi-layer packaging solutions offered. Staggering growth of food & beverage segment is a direct demand driver for the chub packaging market globally.
Chub Packaging Market: Dynamics
The consumer demand shifting towards attractive packaging, up to the extent that the look and feel of the product’s packaging is nowadays considered an USP. The multi-layer protection & transparency offered by chub packaging is anticipated to fuel the market demand. Moreover, the printed and customized options in chub packaging along with growing engineered solutions targeted to increase the shelf-life of the products packed inside are the added growth indicators. Additionally, the atmospheric temperature outside the package is same as the inside temperature, which makes it more ideal option for packaging of grounded meat and meat products.
The advanced chub packaging producers find it cost efficient option and with advent of latest technology in machinery, it allows them to produce it using less material and less energy compared to other packaging options. From retailer’s point of view, chub packaging provides them easy to freeze packaging option, with additional advantage of shelf-ready packaging for their product offerings. The demand for sustainability is also met by the chub packaging, as it is made mostly out of recycled material and helps to establish a cycle of recyclable packaging material.
Chub Packaging Market: Segmentation
On the basis of material type, the chub packaging market is segmented into:
- Polyethylene (PE)
- Multilayer nylon
- Polyvinylidene chloride
- Polyethylene terephthalate (PET)
- Other
On the basis of application, the chub packaging market is segmented into:
- Ground meat, (beef, chicken, salami)
- Processed cheese
- Pet food
- Bread and cookies dough
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Chub Packaging Market: Regional Outlook
The chub packaging market will be influenced from the growth of food and food products industry in all regions and also considering changes that occurred in to the lifestyles of people residing in the developed countries. Also positively affected by demand for more meat products like the grounded beef, salami and sausages rising in the continent of North America. The North America being leading market for the chub packaging not only in terms of consumption, but also leading in technological advancements for the chub packaging.
Latin America is also all set to emerge as the lucrative market for the chub packaging as growth in demand along with consumption for meat products are healthy signs from their region. Also the European region is already set for positive growth in to the chub packaging market as its major countries have recorded rise in demand for easy and flexibly packed products.
The Asia-pacific region is set to perform well for the upcoming years to come as the chub packaging type is currently in the rising stage for the whole Asian market. Middle-Eastern countries have shown a sharp surge in demand for packaging which is flexible along with longer shelf-lives. As meat consumption in region increases due to result of rise in disposable income of consumers and growing expenditure on food products.
Chub Packaging Market: Key Players
Leading producers of chub packaging are Cargill Corporation, Henry & Sons and Qingdao Haide Packaging Co., Ltd., Plastopil Hazorea Co. Ltd., Kendall Packaging Corporation, Sealed Air Corporation, Coveris Holdings SA, R.A Jones Group Ltd, Berry Plastics Corporation, Bemis Company, Flexopack S.A., Inteplast Group, HOVUS Incorporated, Alcan Packaging Food Americas and Plastopil BV.
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