Growing Landscape Of The Global Plastic Packaging Product Market and Outlook 2022

[3/27/2019]:   The global plastic packaging product market is expected to display higher growth rate over the next five years. Rapid surge in the plastic packaging product market is credited to soaring demand for convenient & sustainable packaging solutions. Rapid industrialization in BRICS economies such as Brazil, Russia, India, China and South Africa is expected to stimulate market growth of plastic packaging product market in the upcoming years. Additionally, increasing industrial activities, growing manufacturing output and strong economic growth in the Asia Pacific region are estimated to expand market reach of the plastic packaging products over the forecast period.

Increasing demand for bioplastics and growing availability of plastic grades like polyethylene terephthalate (PET) & polyethylene (PE) for convenient & sustainable packaging solutions are expected to drive market growth over the next five years. The recent technological advancement in the manufacturing sector coupled with development of advanced packaging solution are anticipated to boost market growth over the forecast period. Globally, the market is predicted to generate massive revenue over next five years, providing numerous opportunities for market players to invest for research and development in the plastic packaging product market.

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The market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in packaging sector, surge in number of research & development activities in the region and existence of well-established industrial infrastructure.

Increasing adoption of the plastic packaging materials is credited to their lightweight and cost efficient properties, thus rocketing the demand of plastic packaging products market, in the past few years. However, growing concerns related to environmental hazards with excessive use of plastic and complete ban on the use of the lightweight plastic materials in few countries are expected to restrain market growth to large extent. The key players in the plastic packaging product market are Amcor Ltd., Bemis Company, Inc., Berry Plastics Co., Mondi Group, Inc., Coveris Holdings S.A., Reynolds Group Holdings Ltd., Sealed Air Co., and Sonoco Products Corp.

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The latest industry data included in the reports:

• Overall plastic packaging product market size, 2011-2022

• Plastic packaging product market size by product segment, 2011-2022

• Growth rates of the overall plastic packaging product market and different product segments, 2011-2022

• Shares of different product segments of the overall plastic packaging product market, 2011, 2017 and 2022

The market data is given for the following product segments:

• Bags and sacks of polymers of ethylene

• Bags and sacks of other plastics

• Bottles of plastic

• Cases, boxes and crates of plastic

• Spools, bobbins, cops and other supports of plastic

• Caps, stoppers, lids and other closures of plastic

• Other plastic packaging products

Table of Contents:

Part 1. Summary

Part 2. Report Methodology

Part 3. Market Overview

Part 4. Industry Value Chain

Part 5. Competitive Landscape

Part 6. Segmentation by Type

Part 7. Segmentation by Application

Part 8. Regional Perspectives

Part 9. Company Profiles

Part 10. Market Forecast

Part 11. Market Drivers

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