Analysis of Club Store Packs market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Club store trend has started in North America in 1976, when stores are started in huge areas like aircraft hangar to supply economical products at bulk quantities. These stores are different than the conventional retail stores. They have a different purchase environment, requirements of the end-user, bigger carts and wider aisles wider. People need a membership card to enter these club stores. People get heavily discounted products in bulk across various product categories in club store packs or warehouse club. Club stores are able to offer heavy discounts on bulk purchases due to their cost cutting on several other things. These stores can cut down these costs by removing the excess packaging material on the products, reducing the waste and handling the cost. This type of packaging is generally called as club store packs. Club store packs are designed by keeping all these factors in mind. The design of the club store packs depends on whether the product is displayed, in front of the store, middle or back of the store.
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The club store market in the U.S. is worth US$ 400 billion. Costco and Sam’s Club together have sales of about US$ 140 billion. In terms of sales, Costco leads the market while Sam’s club has a higher number of stores. This platform of club stores is expected to drive the club store packs market in North America in the near future. Not only Club store packs provides protection to products but also add aesthetic component in it but Use of corrugated paper material over club store packs in the warehouse club is restraining growth of club store packs. Creating innovative and attractive packaging can be a tremendous opportunity for club store packs market in near future. Use of recycled material to increase environmental consciousness among consumers is a recent trend in the club store packs market. Color blocking is also one of the trends in the club store packs market. The club store packs are palletized to create a solid block of single color, which can be seen from a distance. This trend in the club store packs market is anticipated to be a growth driver for the club store packs market.
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Club store packs market can be segmented into market segments and end-user industry.
On the basis of market segments, club store packs can be segmented as healthcare, food & beverage, home care and personal care.
On the basis of the type of packaging, club store packs can be segmented into blister packs, packaged to display trays, cartons, multi-packs, shrink wrapping, standup pouches, trays, oversized club store packs, bulk content packs, custom fitted compartment and fully sealed packaging.
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Geographically, the recumbent stationary bikes market can be segmented into six regions: North America, Latin America, Europe, APEJ, Japan and MEA. North America is expected to lead the demand for club store packs market because of the awareness of club stores, available infrastructure, trend of club store packs or warehouse club have also originated in North America. It has a huge club store like Costco and Sam’s club which is expected to promote the growth of the club store packs market in this region. Europe is home to the second largest retailers in the world and also has the infrastructure to support the growth club stores in the region, which will, in turn, promote the growth of the club store packs market in Europe. Latin America is also expected to show growth in the demand for club store packs market in the near future. The growing demand for economical products, purchase in bulk quantity and a rise in disposable income in the developing region like Asia would expect to create tremendous opportunities in the near future. The Middle East and Africa is expected to show growth in the demand for club store packs market in the near future.
Some of the key players club store packs market are
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