Global Chocolate Packaging Market Overview:
Packaging plays a vital role in selling of chocolates, as innovative packing helps to attract audience. Chocolate is a temperature sensitive product hence packaging is very essential to maintain the quality of the product even in high temperature. Due to this reason multi-layer packaging is used to pack chocolates. Primary layer is very thin aluminum foil and secondary layer is of plastic and then wrapped with the help of paper or a box. An aluminum layer is to protect chocolate and final packaging is used by manufacturers for brand building and give information regarding chocolate. Key players are using different packaging type and designs to make it more attractive. Irrespective of age chocolate is enjoyed by everyone across the world.
Growth Drivers
- Increasing investment in innovative packaging as it is considered to be vital promotional tool
- Continuous Increasing demand for chocolates
Market Trends
- Emergence of new varieties of chocolate
- Increasing adoption of Organic chocolates
Roadblocks
- Variations in the prices of raw material
- Chocolate is not considered as a healthy food
Opportunities
- Growing demand for sustainable and advanced protective packaging
- Increasing adoption of chocolate in preparation of various food
Competitive Landscape:
Some of the key players profiled in the report are Amcor (Australia), Bemis (United States), Mondi (Austria), Smurfit Kappa (Ireland), AS Food Packaging (Greendale) (India), Benson Box (United States), Brow Packaging (United Kingdom), Genpak (United States), Sydney Packaging (Australia), Unger (United States), WestRock (United States) and Wipak (Germany). Considering Market by Material used, the sub-segment i.e. Paper will boost the Chocolate Packaging market.
What Can be Explored with the Chocolate Packaging Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Chocolate Packaging Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Chocolate Packaging
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Chocolate Packaging market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Chocolate Packaging market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Raw material suppliers, Food packaging technology & equipment manufacturers, Regulatory bodies, Intermediary suppliers, Food manufacturers, Trade associations and industry bodies and Government and research organizations.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.