Global procurement intelligence advisory firm, SpendEdge, has announced the release of their ' PVC Packaging Market Procurement Research Report.' The insights and data in this report provide a strategic analysis of the supply markets, factors influencing purchasing decisions, procurement best practices, pricing models, supplier landscape, and an analysis of the supplier capability matrix for the packaging and labeling industry. This report breaks down the data and analysis behind the procurement of PVC packaging and acts as an all-inclusive guide for making smart purchasing decisions.
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PVC Packaging Procurement Report (Graphic: Business Wire)
"The PVC packaging market is witnessing a promising growth with the growing demand from end-user industries, such as F&B," says SpendEdge procurement analyst A Kowshik. "Also, the market is expected to witness a considerable growth in the APAC region, owing to high demand from major economies such as India and China, followed by Japan, Australia, and South Korea," added A Kowshik.
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Procurement analysts at SpendEdge highlight the following top three market trends that are contributing to the growth of the Global PVC Packaging Market:
- Increasing use of modified atmosphere packaging
- Rising popularity of vacuum skin packaging
- Growing adoption of customizable packaging solutions
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Increasing use of modified atmosphere packaging
In recent years, there has been an increase in the use of modified atmosphere packaging techniques for PVC packaging. This technique provides the ideal amount of aeration required for a product.
Rising popularity of vacuum skin packaging
Vacuum skin packaging is a method of removing package air to create an aseptic environment for packaging contents. This helps the buyers to minimize the need for packaging materials and further increases the shelf life of the products.
Growing adoption of customizable packaging solutions
In the PVC packaging market, the suppliers are increasingly manufacturing customer centric packages such as convenience packaging and on-the-go packaging. These packages can be customized based on the buyer's requirements in terms of dimensions, designs, and printing.
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About SpendEdge
SpendEdge shares your passion for driving sourcing and procurement excellence. We are a preferred procurement market intelligence partner for Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence that helps sourcing and procurement professionals make informed decisions. These innovative procurement solutions help enterprises transform structural capabilities, improve execution efficiency, and fast-track time to savings.
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