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Trends and Opportunities in Russian Packaging Industry: Analysis of changing packaging trends in the Food, Cosmetics and Toiletries, Beverages and Other Industries

Press Release   •   Jun 02, 2017 08:57 EDT

The Russian Packaging market was valued at 122,865.3 million units in 2016 and is estimated to grow at a CAGR of 2.2% to reach 136,783.7 million units in 2021. Flexible Packaging is the largest packaging type accounting for 49,280.7 million units 2016 and is also assessed to be the fastest growing pack material during 2016-2021. The 2015 economic turmoil significantly affected consumers consumption habits leading to rise in popularity for value for money or economical packaging formats. Some of the key determinants of demand for packaging includes shifting consumer trends (on-the-go, value packs, reusable packaging), longer shelf life, ease of storage and transportation.

This report brings together multiple data sources to provide a comprehensive overview of the Packaging industry in Russia, as part of our coverage of the industry across 20 countries. It includes Market Overview, Growth in use of Pack Material by Sector, Analysis of Key Packaging Materials, Trends and Future Outlook.

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Scope

This report brings together multiple data sources to provide a comprehensive overview of the Packaging industry in Russia, as part of our coverage of the industry across 20 countries. It includes analysis on the following -

- Market Overview: Provides an overview of the usage of different packaging materials across different industries in terms of the number of units, packaging share and growth rates during 2011-2021

- Growth in use of Pack Material by Sector: Provides an overview of the shift in the utilization of various packaging materials across sectors during 2016-2021

- Key Packaging Materials: Includes data and analysis - number of units (Millions), volumes (Million kg/lit/units), growth rates - for five packaging types viz. Rigid Plastics, Rigid Metal, Glass, Paper & Board, Flexible Packaging and Others (other than the afore mentioned five types) during 2016-2021.

- Sub-material: Includes Aluminum, Aluminum foil/paper/plastic, Brick, Flexible Plastic, Gable Top, Glass, HDPE, Metal, Paper, Paper & Board, PET, Plastic, Ready Metal Trays, Shaped, Thin-Walled and Others

- Container Type: Includes Aerosol, Jar, Can - Food, Bag/Sachet, Pouch, Tray, Tub, Carton, Film, Tin, Bottle, Box, Blister Pack, Foil, Wrapper, Clamshell, Tube, Can - Composite, Can - Drink, Other Line Items, Sleeve, Can - Paint, Keg/Drum, Cup, Bag-in-Box, Specialty Cosmetic Containers and Others

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- Closure Material: Includes Metal, natural, Plastic, Synthetic and Others

- Closure Type: Includes Cap, Twist Off, Prize Off, Foil, Film, Screw Top, Stopper, Dispenser, Flip/Snap Top, Sports Cap, Plastic Tie, Crown, Lever Closure and Others

- Outer Material: Includes Flexible, Paper & Board, Rigid Plastic and Others

- Outer Type: Includes Box, Sleeve, Bag, Shrink Wrap, Blister Pack and Others

- Trends, Case Studies and Future Outlook: Provides an understanding of the ongoing packaging trends in the country - convenience, affordability, multi-packs, eco-friendly etc.- across the five packaging materials. The report also provides a view into the future prospects of the packaging industry. The case studies in each packaging section gives a success example highlighting the packaging innovations, strategies and best practices.

Reasons to buy

- Packaging companies and retailers seek the latest information on consumer trends and opportunities to formulate their sales and marketing strategies. There is also demand for authentic market data with a high level of detail. This report has been created to provide its readers with up-to-date information and analysis to uncover emerging opportunities of growth within the CPG market.

- As consumer product demand evolves the dynamics between different packaging types also evolves favoring some packaging types and formats and leaving others increasingly out of line with demand patterns. As a result, understanding the shifting market dynamics is key to ensuring maximum sales in the future.

- The differential growth across different packaging materials and formats drive fundamental shifts in the market. These differentials result from various factors such as changing consumer preferences, regulatory compliance, and innovation within the packaging market

- The report is a unique combination of in-depth qualitative analysis and authoritative packaging data for the years 2011-2021. Each packaging material has detailed data breakdown by packaging type, closure material, closure type, outer material, and outer type.

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