Retail ready packaging refers to secondary packaging of retail final products that is ready to be display at retail stores without further need of unpacking of inner contents. Retail ready packaging is also commonly known as shelf ready packaging, display ready packaging, and pallet ready packaging. The global retail ready packaging market is expected to grow significantly in the coming years. The major factor contributing to market growth are growing number of supermarket & retail stores. In addition, ongoing trend of recycle and eco-friendly packaging is also influencing growth of the market.
The global retail ready packaging market report has been segmented on the basis of material, product type, end use, and region.
On the basis of material, the global retail ready market is segmented into paper & paperboard, plastics, and others (metals, fiberboard, glass, etc.)
On the basis of product type, the global retail ready market is segmented into die cut display containers, corrugated cardboard boxes, shrink wrapped trays, plastic containers, folding cartons, modified cases, and others (promotional bins, recycled plastic containers, etc.)
On the basis of application, the global retail ready market is segmented into food, beverages, health & beauty products, household products, electronics, flowers, and other (gifts, fashion items, etc.)
On the basis of region, the global retail ready market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
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The market in Europe is expected to dominate the global retail ready packaging market owing to early adoption by marketers in the region. The region is expected to grow moderately during the forecast period. The market in North America is expected to grow at a significant rate due to retail market growth in Canada. The market in Asia Pacific is expected to register highest CAGR owing to increasing disposable income in India and China.
Key players in the global retail ready packaging are DS Smith plc, Smurfit Kappa Group plc, Mondi plc, Amcor Limited, International Paper Company, LINPAC Packaging Limited, i2i europe Ltd, Caps Cases Limited, Orora Packaging Australia Pty Ltd, and Creative Corrugated Designs, Inc.