Packaged Sugar Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

Packaged sugar is done in a variety of formats, both in bulk and retail. There are a number of products available in the market for sugar packaging. Sugar is a commodity product and therefore, witnesses high rate of consumption. There are different types of packaged sugar like brown sugar, white sugar. The advent of modern high quality printable packaging formats has led to the usage of sugar packaging not only for protection of sugar substances, but also as promotional tools.

MARKET SCOPE

The "Global Packaged Sugar Market Analysis to 2031" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the packaged sugar market with detailed market segmentation by category, type, source, distribution channel, and geography. The report provides key statistics on the market status of the leading packaged sugar market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•   Based on type, the global packaged sugar market is segmented into brown sugar, white sugar, and others.
  
•   Based on source, the global packaged sugar market is segmented into sugarcane, beet, and others
  
•   Based on category, the global packaged sugar market is segmented into organic and conventional
  
•   Based on distribution channel, the global packaged sugar market is segmented into hypermarkets & supermarkets, convenience stores, online retail, and others.
  

MARKET DYNAMICS

Drivers:

•   Increasing use of paper-based packaging solutions, such as sacks.
  
•   Growing preference towards flexible packaging solutions for retail sales.
  
•   The demand for organic packaged sugar is increasing.
  
•   Rising R&D activities drive the packaged sugar market.
  

Restraints

•   Strict government regulations for packaging.
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The packaged sugar market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the packaged sugar market in these regions.

IMPACT OF COVID-19 ON PACKAGED SUGAR MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The chemical & materials industry is one of the major industries suffering serious disruptions, such as supply chain breaks, technology events cancellations, and office shutdowns, as a result of this pandemic. The shutdown of various plants and factories in leading regions such as North America, Europe, Asia Pacific, South America, and the Middle East & Africa has affected the global supply chain and negatively impacted the manufacturing, delivery schedules, and sales of various goods. Furthermore, various companies have already announced possible delays in product deliveries and slump in future sales of their products.

MARKET PLAYERS

The report covers key developments in the packaged sugar market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from packaged sugar market are anticipated to lucrative growth opportunities in the future with the rising demand for packaged sugar in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the packaged sugar market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   Klabin S.A.
  
•   Swiss Pack Pvt. Ltd.
  
•   Packman Industries
  
•   Berlin Packaging
  
•   Mondi Group
  
•   Bormioli Rocco Glass Co. Inc.
  
•   Flexpack
  
•   United Bags, Inc.
  
•   Bio-Pappel Titan
  
•   Grupo Industrial Durango, S.A. de C.V.
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Packaged Sugar Report Scope