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Growth Of Plastic Packaging Market Attributed To Packaging Sector Expansion, Global Forecast To 2023

04-13-2018 02:30 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Growth Of Plastic Packaging Market Attributed To Packaging

Market Research Future published a research report on “Global Plastic Packaging Market Research Report- Forecast 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.

Global Plastic Packaging Market Information by Type (Rigid packaging and Flexible packaging) by Application (Food & beverages, Industrial, Healthcare, Personal care, and others) and by Region - Forecast to 2022

Global Plastic Packaging Market – Overview

The growth in food & beverages and healthcare industries globally has attributed to the growth of plastic packaging Market. The change in consumer’s lifestyle with rapid urbanization has augmented the demand for plastic packaging. The consumers demand for the convenience processed and packaged foods which reduce the cooking time. This has resulted in increasing use of plastic packaging in food & beverage industries.

The Global Plastic Packaging market is expected to cross USD 400 Billion at the end of the forecasted period and is expected to grow at CAGR of approximately 5% during 2017 to 2022.

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Assures the Team MRFR Research Analyst while commenting upon this deep diving study report published by Market Research Future, presented through more than 100 market data tables and figures spread over 120 pages.

Global Plastic Packaging Market –Key Players

The highly competitive global market of Plastic Packaging is driven by the key players - Amcor Ltd, BASF SE, Crown Holdings Inc., Saint-Gobain, Bemis Company Inc., Huhtamaki Oyj, Mondi Group, Other prominent players of market include Sealed Air Corporation, Sonoco Products Company, Constantia Flexibles International GmbH, Ampac Holdings LLC and Wipak Group.

Global Plastic Packaging Market – Segments

For an easy grasp; the Global Smart Packaging Market is segmented in to 3 major dynamics such as - Segmentation on the basis of type, Application and Region.

The main types of packaging covered in the report are Rigid Packaging and Flexible Packaging.

The report also segments the plastic packaging market on the basis of several applications, such as food & beverages, industrial, healthcare, personal care among others.

On the basis of regions, the Global Plastic Packaging Market is segmented geographically into the Americas, Europe, Asia-Pacific (APAC), and Rest of the World (RoW).

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Global Plastic Packaging Market – Synopsis & Scenario

In the year 2015, Food & beverage segment was valued as the largest application for the plastic packaging market. Over 54% of the volume consumption in 2015 was attributed to the food & beverage industry.

Plastic Packaging Market is expected to show far reaching results by 2022, expected to cross USD 400 Billion at the end of the forecasted period and is expected to grow at CAGR of approximately 5% during the forecasting period – 2017 – 2022.

The increasing health risks and growing health and fitness awareness has further fueled the market for plastic packaging.

Plastic Packaging Market – Regional Analysis

APAC dominates the global plastic packaging market with its fast growing market worldwide. Over 35% of total volume consumption in 2015 was valued for APAC region. The region is expected to show some rapid development in healthcare and food & beverages industries along with increased investment in the same. This would result in an expanding share of APAC in global plastic packaging market by 2022.

However, North America had the largest market size in 2015 and is expected to show steady growth by 2022.

Europe and Rest of the World are also expected to grow from 2017 to 2022. The food and beverage market in Europe is expected to show some staggering growth which is expected to drive the plastic packaging market by 2022.

Brief Toc:

1. Executive Summary
2. Research Methodology
3. Market Dynamics
4. Global Market, By Packaging Type
5. Global Market, By Technology
6. Global Market, By Application
7. Global Market, By End-user
8. Regional Market Analysis
9. Competitive Analysis
10. Conclusion
11. List Of Tables
12. List Of Figures

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About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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