In recent years, flexible packaging has shown a dynamic shift in the packaging market across the globe. Flexible films manufacturers are supporting the demand for technological innovation in the packaging materials. Packaging manufacturers are presenting aesthetic and innovative looks in the packaging of the product to have a competitive advantage over the rivals. Nowadays packaging is not just used to protect the product but also for giving convenience to the customers. Clear Plastic boxes are characterized by the robustness from the strength derived due to rigid plastics. Makers are furthermore hoping to overhaul the buyer base by customization in order to fulfill the customer’s need. To have the upper hand on the market, manufacturers are presenting clear plastic boxes which can store objects or gadget with an unpredictable shape to expand the new customer base.
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Global Clear Plastic Boxes – Market Dynamics:
The consumer packaging market has witnessed a substantial growth in recent few years that in turn raised the sales of clear plastic boxes over the forecast period. However, the rise in the purchasing power of buyers is expected to impel the growth of clear plastic boxes. In addition, younger generation constantly inclined to take products which have a higher end look. As a result of this cosmetic manufacturing companies are mainly focusing on attractive, efficient and portable packaging solutions along with quality. Furthermore, consumer product manufacturing companies also launch their products in the international market where brand positioning of the product depends on its packaging as a result of this clear plastic boxes have seen considerable growth over the forecast period 2017-2025. Moreover, due to strict norms from the government for the usage of plastic are hampering the market for clear plastic boxes. Another challenge faced by the market for clear plastic boxes are the problems related to the compatibility for the use of direct to substrate printing.
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Global Clear Plastic Boxes – Market Segmentation:
The global clear plastic boxes market can be segmented by the material type, by product type, by capacity and by end user base.
On the basis of material type, the global clear plastic boxes market is segmented into:
- Polyethylene Terephthalate (PET)
- Poly Vinyl Chloride (PVC)
- Polypropylene (PP)
- Polyethylene (PE)
On the basis of product type, the global clear plastic boxes market is segmented into:
- Single hinged
- Double hinged
On the basis of shape, the global clear plastic boxes market is segmented into:
- Other customized shapes
On the basis of application, the global clear plastic boxes market is segmented into:
- Optics and Lenses
- Food items
- Electrical parts
Global Clear Plastic Boxes Market – Regional Overview:
The global clear plastic boxes market can be divided into seven major regions which are as follows:
- North America
- Latin America
- Eastern Europe
- Western Europe
- Asia-Pacific excluding Japan
- Middle East & Africa
Asia Pacific region is expected to witness the highest growth for clear plastic boxes market over the forecast period 2017-2025. North America is anticipated to dominate the market for clear plastic boxes over the forecast period. Europe being a mature market is expected to witness a steady growth for clear plastic boxes market throughout the forecast period. Latin America is expected to have a stagnant growth for clear plastic boxes market over the forecast period. Middle East & Africa region would also have a steady growth over the forecast period for clear plastic boxes market.
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Global Clear Plastic Boxes Market – Key players:
Few of the key players in the clear plastic boxes market are Hip Lik Packaging, Scatolificio Cristina Srl, Transparent Packaging, Inc., Gel-Pak, LLC, Hager & Werken GmbH & Co. KG, Ted Pella Inc., Structure Probe, Inc., UrCooker Industrial Co., Ltd., Tiger’s Plastics, Inc., WEISHENG Commodity & Package Co., Ltd., Maxbourne Industrial Co., Ltd., Ningbo Hinix Hardware Industry & Trade Co., Ltd., Fuzhou CrysPack Opto-Electronic Technology Co., etc.