Elevating Demand from E-Commerce Industry to Significantly Drive FMCG Packaging Market

Growing demand from e-commerce industry has been regarded as a vital factor that is expected to support growth prospects of FMCG packaging market in the forthcoming years. E-commerce sector is one of the major contributors in increasing revenue growth of FMCG packaging market. This sector’s growth is attributed towards rising demand for protective packaging for delivering small-sized products coupled with the convenient packaging options.

Global Shrink-Sleeve Wrapping Machinery Market Growing at Healthy Pace

Global FMCG market online sales grew by 26% in 2016, revealed by Kantar Worldpanel’s quarterly FMCG E-commerce Index. FMCG goods have limited shelf life and costs low. This necessity has led the global FMCG manufacturers to look for efficient and low-cost packaging and packaging systems. The large volumes of FMCG goods have to be bundled in a faster way. Shrink-sleeve wrapping machines are used to wrap the polyethylene (PE) shrink films around the group of products both similar and non-similar.