Global Microwave Packaging Market Size, Share, Global Insights and Forecasts 2016-2020: Radiant Insights

Global Microwave Packaging Market Outlook and Overview,
Global Insights and Forecasts 2016-2020
About the Microwave Packaging Market
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. 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.
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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:
Technavio's report, Global Microwave Packaging Market 2016-2020, has been prepared based on an in-depth
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 this market.
Key vendors
-Ampac Holdings
-Berry Plastics
-Graphic Packaging
-Sealed Air