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Date Submitted: 07/11/2016 12:15 AM
Hexa Reports
Market Research Reports and Insightful Company Profiles
Global Microwave Packaging Market Size, Share, Costs and
Price, Global Insights, Emerging Trends, Growth, Analysis
and Forecasts, 2016-2020
The growing demand for innovative packaging solutions will propel the growth of the market during the
forecast period. A rise in the consumption of ready-to-eat food products has led to an increase in the
demand for packaging technologies that can extend the shelf life of these products.
In addition, the growing demand for fresh foods and the increasing popularity for shelf-stable meals will
also boost the market growth. Fluctuation in the prices of raw materials will act as a challenge to
vendors.
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The cost of packaging products depends on the cost of raw materials such as aluminum, plastic, and
paper. Stringent government regulations mandating the quality of food products and the risk of
contamination will hamper the growth of the market during the forecast period.
Technavio's analysts forecast the global microwave packaging market to grow at a CAGR of 7.71% during
the period 2016-2020.
Hexa Reports
Market Research Reports and Insightful Company Profiles
Covered in this report
The report covers the present scenario and the growth prospects of the global microwave packaging
market for 2016-2020. To calculate the market size, in terms of revenue, the report considers the sale of
microwave packaging products for different end-user applications.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Microwave Packaging Market 2016-2020, has been prepared based on an indepth market analysis with inputs from industry experts. The report covers the market landscape and its
growth prospects over the coming years. The report also includes a discussion of the Key vendors
operating in...