(MENAFN- Introspective Market Research) The Chub Packaging Market is expected to grow at a significant growth rate, and the analysis period is 2022-2028, considering base year as 2021.
Chub packaging is referred to as the chub packs, chub wrap, or simply chubs which is a cylindrical sausage-shaped form of packaging often used for ground meats. As chub packaging has become more familiar to consumers over the past several years, along with other vacuum-sealed products with meat that blooms when opened and exposed to oxygen, its advantages have been acknowledged by those seeking certain aspects from ground meat products. The interest in chub packaging by consumers continues to grow which helps to growth of the market over the forecast period. Moreover, chub packaging is utilized in retail and foodservice operations as a cost-effective way to defend pet foods, fresh and cooked ground meats, and substitute proteins. Furthermore, chub packaging manufacturers offer packaging solutions that are characterized by smoother packaging for slippage, consistent packaging material for a wide temperature range, and films that are resistant to puncture. Chub packaging incorporates co-extruded multi-layer barrier films which have transparent, white, or painted surfaces. The films are manufactured to deliver high-performance storage of ground meat to extend shelf-life. Packaging film producers support the demand by continually integrating technology into packaging materials.
It describes the top and new vendors and their various strategies such as geographic expansion strategies, merger and acquisition, research and development, and new product introduction strategies in order to execute future industry growth and expansion over a foreseeable time period. The Market Share Analysis examines suppliers in terms of their contribution to the entire market. It provides an indication of how much income it generates in comparison to other suppliers in the industry. It provides information on how suppliers compare to one another in terms of revenue creation and client base.
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Key Industry Players in Chub Packaging Market:
• Cargill Corporation
• Berry Plastics Corporation
• Henry & Sons and Qingdao Haide Packaging Co. Ltd.
• Plastopil Hazorea Co. Ltd.
• Alcan Packaging Food Americas Plastopil BV
• Kendall Packaging Corporation
• R.A Jones Group Ltd
• Sealed Air Corporation
• Inteplast Group
• Coveris Holdings SA
• Bemis Company
• Flexopack S.A.
• HOVUS Incorporated and other major players.
Chub packaging is a format best suited for grounded meat, beef and turkey. Moreover used to pack sausages, pet food and taco seasonings. The chub packaging is made up of different flexible packaging materials, such as polyethylene, polyvinyl chloride, nylon and polyethylene terephthalate. Its invention is backed to previous century, but still is used as a packaging solution because of its light weight.
Segmentation Analysis Includes,
By Material:
• Polyethylene (PE)
• Polyvinylidene Chloride (PVC)
• Multilayer Nylon
• Polyethylene Terephthalate (PET)
• Others
By Application:
• Food Application
• Institutional Application
• Industrial Application
By Region:
• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
• South America (Brazil, Argentina, Rest of SA)
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Table of Content:
Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2: Executive Summary
Chapter 3: Growth Opportunities By Segment
3.1 By Material
3.2 By Application
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Chub Packaging Market by Material
Continue…
Consumers continue to purchase and consume ground beef. However, they are paying more attention to packaging in regards to food safety concerns. Several factors explain the remarkable upsurge in ground beef consumption: beef consumption, including price differentiation between beef cuts and ease of use for quick meals at home. In particular, ground beef is one of the less expensive meats and allows consumers to prepare a protein-rich meal for themselves or their family members without the need for pre-planning or long preparation time, which have increased the demand for Global Chub Packaging Market.
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The advanced chub packaging producers find it cost efficient option and with advent of latest technology in machinery, it allows them to produce it using less material and less energy compared to other packaging options. From retailer’s point of view, chub packaging provides them easy to freeze packaging option, with additional advantage of shelf-ready packaging for their product offerings.
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