Confectionery Market Companies| COVID-19 Analysis

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Advanced technologies adopted by packaging industries is aiding in the ascension of the global Confectionery Market Companies due to the production of packaging solutions that are flexible and barrier resistant. Other properties of these packaging products include resistance against heat and moisture, which helps in the preservation of confectionary products for longer time.

Segmentation

The global Confectionery Market Companies is segmented by material, type, confectionary items, and region. Based on material, the global Confectionery Market Companies is segmented into paper, metal, and plastic. Plastic is the most used material in confectionery packaging. However, associations like the US Food and Drugs Administration and European Food Safety Authority have introduced stringent regulations which are hindering the growth of the plastic-based Confectionery Market Companies.

Based on type, the global Confectionery Market Companies is segmented into flexible packaging and rigid packaging. Based on confectionary items, the market is segmented into chocolate confections, flour confections, and sugar confections.

Regional Analysis

The global Confectionery Market Companies is segmented, based on region, into North America, Asia Pacific, Europe, and Rest of the World. The APAC region is anticipated to lead the global Confectionery Market Companies over the assessment period. Such market dominion can be owed to the rapid urbanization observed in the region, which has been augmenting the demand for confectionery products. Moreover, the rising standard of living of people in the region is elevating their food preference for confectionaries, hence, promoting the consumption and demand for the same.

Key Players

Some of the distinguished players present in the confectionary packaging market include Crown Holdings, Inc., Graphic Packaging International Inc., Aptar Group Inc., Sonoco Products Company, Bemis Company Inc., Amcor Limited, Silgan Holdings, West Rock Company, Solo Cup and Sweetheart Holdings.