According to a new market research report published by Report Ocean, the Point of Purchase Packaging Market is anticipated to grow at a CAGR of $$%, during the forecast period. The market is estimated to reach USD 20.88 billion by 2030. 

This detailed market research report by Report Ocean include in-depth analysis of technological innovations, market trends, supply chain trends, future trends, leading players, and key developments. The report also includes additional information about other factors such as drivers, restraints and challenges faced by this market, along with an overview for each mentioned segment in the study. 

Request To Download Sample of This Strategic Report:-https://reportocean.com/industry-verticals/sample-request?report_id=BWCC145

The point of purchase packaging market size is expected to reach USD 20.88 billion by 2028 according to a new study by Report Ocean.

The U.S. current-account deficit increased and reached US$ 234.8 billion in Q4 2021. However, the Canadian Dollar exchange (CAD) increased by 29.9% in Q1 22 to reach US$ 294.4 billion, widening the imbalance by US$ 68.6 billion. In the first quarter of 2022, exports of goods and services rose by US$ 27.7 billion, totaling US$ 1.07 trillion. However, the nation’s goods and services deficit decreased to US$ 79.9 billion in June from US$ 87.9 billion in May, which was corrected, a US$ 5.7 billion decrease that indicated some relief. On the other hand, the annual inflation rate in the country hit 8.7%.

The logistics price increased by 34.9% in July 2022, disrupting the supply chain, while electricity prices increased by 15.5%, the highest level since February 2006. Besides that The number of existing U.S. homes sold in July 2022 decreased by 5.95% to 4.85 million (seasonally adjusted annual rate), which was the lowest number since May 2020 and under the market’s forecast of 4.89 million. The home sector sales fell for the sixth month in a row as the mortgage rate reached its highest point at 6.3%. The U.S. economy continues to be heavily impacted by the global energy crisis, causing people to spend less and conserve more.

The report “Point of Purchase Packaging Market – By Material (Glass, Paper, Plastic, Metal, Others); By Product (Pallet Display, Endcap Display, Floor Display, Counter Display, Side Kick Display, Others); By Industry; By End-Use; By Regions; Global opportunity analysis and industry forecast 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Major Players: Some of the major market participants include DS Smith, Felbro, Inc., Georgia-Pacific LLC, Marketing Alliance Group, Creative Displays Now, Swisstribe, Smurfit Kappa Display, FFR Merchandising, International Paper Company, Fencor Packaging Group Limited, Menasha Packaging Company, LLC, Hawver Display, WestRock Company, and Sonoco Products Company.

The different materials used for point of purchase packaging include glass, paper, plastic, metal, and others. In 2020, the paper segment dominated the global market. Growing environmental concerns and increasing initiatives to reduce manufacturing waste has increased its adoption worldwide. There has been increasing adoption of paper-based packaging solutions owing to their ease of use, the convenience of transport, and ability to recycle.

Request To Download Sample of This Strategic Report:-https://reportocean.com/industry-verticals/sample-request?report_id=BWCC145

The pallet display segment accounted for a significant share in the global market in 2020. Pallet packaging solutions are increasingly being used owing to their impact on consumers, enhanced brand awareness, ease of setup, and reduced labor costs. Point of purchase packaging solutions offers enhanced brand power along with influencing the impulse buying behavior of consumers.

Explosive population growth and the shift of consumers to urban areas increase the demand for these packaging solutions. The purchasing power, buying & behavioral habits, and preferences of millennials have changed over the years, thereby supporting market growth.

The market is segmented into food and beverage, personal care and cosmetics, pharmaceutical, electronics, automotive, and others, based on end-user. The food and beverage segment accounted for a major share in the global point of the purchase packaging market in 2020. Point of purchase packaging plays a major role in the marketing of food products by attracting consumers to innovative packaging, communicating information regarding the food products, and enabling accurate identification of products.

Health and fitness consciousness have also increased in countries such as China and India due to improving lifestyles and changing food habits. Consumers are more aware regarding their nutritional intake, and consumption of healthy & organic food products. Leading players in the market are also taking initiatives to increase awareness among consumers through these packaging solutions.

Supermarkets and hypermarkets account for a major share of the market. The growing presence of supermarkets and hypermarkets in developing regions of Asia and Latin America along with increasing preferences of consumers to shop from large retail stores fosters market growth.

Get a Sample PDF copy of the report:-https://reportocean.com/industry-verticals/sample-request?report_id=BWCC145

Lucrative offers and policies offered by prominent players, which favor consumers as well as supermarkets & hypermarkets, along with the innovative point of purchase packaging solutions for effective marketing and branding are expected to boost sales through modern trade stores. The entry of the foreign retailers in the market, through tie-ups, franchise agreement, and joint ventures further boost the market growth.

North America emerged as the largest market in 2020 and is expected to maintain its dominance over the forecast period. There has been an increasing demand for point of purchase packaging from established retail chains in the region. The increasing population, growing investments in marketing and branding campaigns, and the existence of an organized retail market boost the growth of the point of the purchase packaging market in the region.

However, Asia-Pacific is expected to grow at a significant rate during the forecast period. Brands operating in the market are taking initiatives to offer brand differentiation and value to the consumer, while also providing necessary information about the packaged goods. Small retail stores in the region are increasingly adopting these packaging solutions owing to their affordability and high effectiveness.

Vendors in the global market are expanding their geographical presence and product portfolios to strengthen their presence. The developing nations of Asia-Pacific would provide significant growth opportunities in the market.

Point of Purchase Packaging Industry Outlook (Revenue, USD Million, 2016 – 2028)

Request for discount/sample on this market study @https://reportocean.com/industry-verticals/sample-request?report_id=BWCC145

Point of Purchase Packaging Material Outlook (Revenue, USD Million, 2016 – 2028)

Point of Purchase Packaging Product Outlook (Revenue, USD Million, 2016 – 2028)

Point of Purchase Packaging End-User Outlook (Revenue, USD Million, 2016 – 2028)

Inquire more and share questions if any before the purchase on this report at:-https://reportocean.com/industry-verticals/sample-request?report_id=BWCC145

Point of Purchase Packaging Regional Outlook (Revenue, USD Million, 2016 – 2028)

Major highlights of the Table of Contents of the study:

Key questions answered in the global chemical market report are:

— How does a global company acquire markets? — What are its core strategies and policies? — What factors will influence the chemical market over the forecast period? — What are the factors driving and restraining the market for chemicals? — What are the leading competitors in the global market? — Which region is growing at a higher pace in the global market?

Access full Report Description, TOC, Table of Figure, Chart, etc.-https://reportocean.com/industry-verticals/sample-request?report_id=BWCC145

We are the best market research reports provider in the industry. Report Ocean believes in providing quality reports to clients to meet the top line and bottom line goals which will boost your market share in today’s competitive environment. Report Ocean is a ‘one-stop solution’ for individuals, organizations, and industries that are looking for innovative market research reports.

Get in Touch with Us: Report Ocean: Email:sales@reportocean.com Address: 500 N Michigan Ave, Suite 600, Chicago, Illinois 60611 – UNITED STATES Tel: +1 888 212 3539 (US – TOLL FREE) Website:https://www.reportocean.com/