High Visibility Packaging Demand to Reach $8.5 Billion by 2010
CLEVELAND - Demand for high visibility packaging, including clamshell, blister, and other types, is expected to increase 5.1 percent annually to $8.5 billion in 2010, representing almost 32 billion units and creating a market for 900 million pounds of plastic resins, according to a new study from market research firm The Freedonia Group, Inc. based here.
Gains will be driven by favorable advances in consumer spending, along with the growing influence of mass market retailers, which tend to favor blister packs, clamshells and other high visibility containers for their theft and tamper deterrence and ability to effectively showcase products. Further growth will be limited by the rising volume of offshore production and packaging of such products as toys, games, sporting goods, hardware and electronics.
The best opportunities are anticipated for carded blister packs and clamshells, which together accounted for 58 percent of high visibility packaging in 2005. Clamshell demand is bolstered by strong gains in food markets such as fresh produce and prepared foods. In addition, clamshells will benefit from their upscale appearance; thick, rigid construction, which is particularly suited to larger, heavier items; and ability to deter theft and tampering.
Blister pack demand will be stimulated by healthy gains for pharmaceutical blister packs resulting from regulatory issues associated with unit dose packaging.
Food will account for half of the high visibility packaging market based on extensive use in such applications as baked goods, prepared foods and fresh produce. Growth will be assisted by rising consumer interest in convenient, prepared foods like home meal replacements, which are becoming increasingly available in supermarkets and other venues and which frequently utilize clamshells and similar high visibility containers.
Gains will be driven by favorable advances in consumer spending, along with the growing influence of mass market retailers, which tend to favor blister packs, clamshells and other high visibility containers for their theft and tamper deterrence and ability to effectively showcase products. Further growth will be limited by the rising volume of offshore production and packaging of such products as toys, games, sporting goods, hardware and electronics.
The best opportunities are anticipated for carded blister packs and clamshells, which together accounted for 58 percent of high visibility packaging in 2005. Clamshell demand is bolstered by strong gains in food markets such as fresh produce and prepared foods. In addition, clamshells will benefit from their upscale appearance; thick, rigid construction, which is particularly suited to larger, heavier items; and ability to deter theft and tampering.
Blister pack demand will be stimulated by healthy gains for pharmaceutical blister packs resulting from regulatory issues associated with unit dose packaging.
Food will account for half of the high visibility packaging market based on extensive use in such applications as baked goods, prepared foods and fresh produce. Growth will be assisted by rising consumer interest in convenient, prepared foods like home meal replacements, which are becoming increasingly available in supermarkets and other venues and which frequently utilize clamshells and similar high visibility containers.