PROSPECTS AND OPPORTUNITIES
Urban lifestyles and sustainability expected to drive continued growth in sweet spreads packaging volumes
Total sweet spreads packaging retail volumes in the Philippines are forecast to grow at a compound annual growth rate (CAGR) of 3% over the forecast period, reaching 43 million units in 2029. This growth will be underpinned by several key trends.
Sweet spreads packaging will have to address supply chain strains and evolving consumer demands
Sweet spreads packaging in the Philippines is currently navigating both supply- and demand-side challenges, and these are likely to continue into the forecast period. On the supply side, local packaging manufacturers are grappling with the high costs of imported materials and logistical inefficiencies, issues that are exacerbated by complex regulations and bureaucratic hurdles surrounding plastics and food-grade containers.
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Overview:
Understand the latest market trends and future growth opportunities for the Sweet Spreads Packaging industry in Philippines with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Sweet Spreads Packaging industry in Philippines, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Sweet Spreads Packaging in Philippines report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Sweet Spreads Packaging in Philippines?
- Which are the major pack types and how are they performing in Philippines?
- Have there been any packaging legislative changes in the past 12 months?
- How are consumption trends impacting the packaging landscape?
- What are the key trends and latest product developments in packaging?
- How important are sustainability and recycling to consumers in Philippines?
- Where is future growth expected to be most significant?
Sweet Spreads Packaging in the Philippines
KEY DATA FINDINGS
Rising home consumption and pack size innovation fuel packaging growth
Jif taps into the convenience trend with a dual packaging launch
Glass jars still dominates sweet spreads packaging as it improves visual appeal
Urban lifestyles and sustainability expected to drive continued growth in sweet spreads packaging volumes
Sweet spreads packaging will have to address supply chain strains and evolving consumer demands
DISCLAIMER
The following categories and subcategories are included:
Sweet Spreads Packaging
- Chocolate Spreads
- Honey
- Jams and Preserves
- Nut and Seed Based Spreads
- Yeast-based Spreads
Sweet Spreads Packaging
This is the aggregation of chocolate spreads, honey, jams and preserves, nut based spreads and yeast based spreads.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Sweet Spreads Packaging research and analysis database.
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