Global Skin Packaging Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027

Global Skin Packaging Market Overview:

“The global Skin Packaging Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”

The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global skin packaging market report has been segmented on the basis of material, type, heat seal coating, application, and region.

Skin packaging refers to a packaging technology in which a product is draped with a heated plastic film. It involves placing a product on a material such as paperboard and a vacuum draws the film down tightly to the board and around the product to make a secure and attractive package. Skin packaging comes with the advantages of full lock down product protection, full product visibility and also moulds to the shape of the product. In addition, it also secures loose products to the board by preventing lost kit parts and reducing the need for protective packaging fillers, hence providing an economical packaging.

Increasing demand of skin packaging owing to increasing packaging market and food and beverage industry is the key factor driving the growth of the market. In addition, increasing manufacturing activities and rising concerns towards the environment are the other factors driving the growth of the market. With the stringent rules and regulations towards packaging waste market players are increasing their investments towards R&D activities in order to develop sustainable packaging materials. This is expected to result in increase in demand for skin packaging due to its cost-effective advantages which involve less resources for packaging and increased shelf life of the product.

The adoption of skin packaging due to its longer shelf life is the is the ongoing trend observed. The skin pack offers attractive presentation and prevents moisture loss from the product. Furthermore, flexible films are stretchable without any bumps or folds. Furthermore, increasing cost of raw materials, companies are adopting size reduction of the products or increasing the price of same-sized products. Due to downsizing of packages, the skin packaging market is trending in the packaging industry. Furthermore, the rising competition and concern towards environment will increase the demand for innovative packaging options, which is cost effective, differentiates products and appeals customers. This will drive developments in technologies used for skin packaging.

The market in North America dominates the global skin packaging market in terms of revenue. The market in Asia Pacific is projected to have fastest growth with highest CAGR, owing to increasing adoption for   skin packaging in mostly meat products & sausages, processed fish & seafood, and processed vegetables & fruits.

Global Skin Packaging Market Segmentation:

Segmentation on the basis of material:

• Plastic films
• Polyethylene
• Polyethylene Tetraphthate
• Poly Vinyl Chloride
• Others
• Paper & Paperboard
• White lined chipboard
• Solid bleached board

Segmentation on the basis of type:

• Carded Skin Packaging
• Non-carded Skin Packaging

Segmentation on the basis of heat seal coating:

• Water-based
• Solvent-based

Segmentation on the basis of application:

• Food
• Consumer Goods
• Industrial Goods

Segmentation on the basis of region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa