Report ID: SQMIG15H2061
Report ID:
SQMIG15H2061 |
Region:
Global |
Published Date: April, 2024
Pages:
184
|
Tables:
65 |
Figures:
69
The demand for stick packaging is predicted to be highest in the North American region across the forecast period and this can be ascribed to the adoption of fast-paced lifestyles of people in this region. High focus on healthcare and fitness, increasing adoption of clean lifestyles, and rising demand for convenient and on-the-go packaging are all estimated to benefit stick packaging market growth in this region. The United States and Canada are forecasted to be the top markets for stick packaging companies in North America going forward. The rapidly expanding food & beverages industry and high consumption of packaged and convenience food products are also slated to uplift sales of stick packaging in the long run.
Asia Pacific is predicted to emerge as the fastest-growing regional stick packaging market in the world. Increasing disposable income, expanding middle-class population, and rapidly expanding population base are some of the key factors that make this region a highly opportune one for not only stick packaging companies but all types of packaging solution providers. Growing e-commerce activity and rising demand for eco-friendly packaging are other factors that alter the stick packaging market growth trajectory in the Asia Pacific region. India, Japan, and China are slated to be the top markets for stick packaging providers in this region.
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Report ID: SQMIG15H2061