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Primary Packaging Market - Installing High-Capacity Production Facilities to Propell Growth

05-04-2018 07:06 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Primary packaging is the layer of packaging which is in immediate contact with the product or it is the first packaging layer in which the product is enclosed. Primary packaging has diverse range of applications and functions, depending on the type product, mode of transport and storage facilities.

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The most important function of primary packaging is to protect and preserve the product from external damage, contamination and spoiling. Primary packaging also serves the purpose of keeping the product in storage, often for a long period of time. In such cases of long duration storage, it is essential that the primary packaging keeps the product entirely sealed off from the environment.

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The major players actively participating in the primary packaging market are largely focusing on the emergent economies for tapping their gigantic market potential. These companies are installing high-capacity production facilities in the developing nations to fulfill the rapidly rising demand for primary packaging from different end-user industries. Therefore, the global primary packaging market is expected to experience a remarkable growth in the next six years.

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Among the major players in the global primary packaging market are Albea Group, Amcor Ltd., Ardagh Group, Capsugel Inc., Bemis Company, Inc, Clondalkin Group Holdings B.V., Bormioli Rocco Spa, West Pharmaceutical Services, Inc., Datwyler Holding Inc., Gerresheimer AG, Heinz-Glas GmbH, Wihuri Group, Becton, Dickinson & Company, Hindustan National Glass & Industries Ltd.,

About TMR

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

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