Key players in the global POP display packaging market include International Paper Company, DS Smith Plc., Smurfit Kappa Group PLC., Sonoco Products Company, Menasha Packaging Company, LLC., Georgia-Pacific LLC., WestRock Company, Pratt Industries Inc., FFR Merchandising Company, Marketing Alliance Group, Felbro, Inc., Creative Displays Now, U.S. Corrugated, Inc.
One of the key feature of POP displays are they provide excellent visibility to the brands and this is the reason that many brands working in a food service sector give their first preference to POP displays to support and promote their brands. Considering this tremendous demand from several sectors, particular from food service sector, the manufactures of POP display give emphasis on spreading their business with the help of acquisitions and mergers which is also helping them in enhancing the portfolio of their products.
From consumer point of view, the POP displays draw an attention of the end-use industries towards advantages of products and special offers and discounts associated with that products. Considering an increasing demand and popularity of POP displays, Market Research Reports Search Engine (MRRSE), has decided to add this new research report, “POP Display Market- Global industry Analysis, Size, Share, Growth, Trends and Forecast 2017-2025,” in its database.
According to this report, in 2016 global POP display market accounted for US$ 9.87 Bn in 2016 and is expected to reach to US$ 16 Bn by the end of 2025, expanding at a CAGR of 5.6%.
Global POP Display Market- Drivers
- Detail information about the innovative brand or the product
- Effective way of communication through the display of POP
- They are continuously in front of eyes which make excellent visual impact
- The POP displays can be recycled and therefore preferred by most of the vendors
- Growth in the organized retail sectors particularly in developing economies
Global POP Display Market- Segmental Analysis and Forecast
The global market for POP display is broadly segmented into product type, sales channel, applications, material type and region. Material type segment in consists of metal, foam board, glass, corrugated board, and plastic sheet.
However, the corrugated board segment is likely to dominate the market in 2017 with more than 60% market share. In the other hand, the weak performance will be showed by metal segment which will likely to decline with its market share as metal is expensive.
The application segment includes, automotive, food & beverages, electronics, cosmetics and personal care, printing and stationary, pharmaceuticals, and others. Among all these segments, food and beverages segment is expected to lead the market in the upcoming years.
Personal care and cosmetic segment is also likely to gain much traction during the projected period.
Sales channel segment consists of convenience store, hypermarket, specialty store, super markets, departmental store and others. Hypermarket and super markets are the most appropriate and mature markets for POP displays.
According to this research report, convenience store segment is likely to show remarkable growth in the global POP displays market during the assessed period. In product type segment floor and counter displays segment is likely to grow the market.
With robust CAGR of 6.5%, APAC is likely to dominate and record highest opportunity during the forecasted period. North America is also one of the key region is this market.
Global POP Display Market- Competitive Landscape
Some of the key companies functioning in this market are U.S. Corrugated, Inc., International Paper Company, Creative Displays Now, DS Smith Plc., Felbro, Inc., Smurfit Kappa Group PLC., Marketing Alliance Group, Sonoco Products Company, FFR Merchandising Company, Menasha Packaging Company LLC., WestRock Company, Pratt Industries Inc., and WestRock Company
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