Press release
Plastics Bag and Pouch Manufacturing Market : Global Snapshot Analysis to 2020
A new research study titled, “Plastics Bag and Pouch Manufacturing Market 2018-2020” has been added to the comprehensive repository of Orbis Research.Global plastic bag and pouch manufacturing market is currently in a very crucial phase of transformation. Demand for industrial packaging products has increased recently in emerging nations due to increased consumption of processed foods, poultry, meat and agricultural products in these countries. At the same time, growing concern and awareness over the harmful effects of plastic waste is increasingly repelling customers from plastic bags and pouches. In addition, end users, such as restaurants, retail stores, and shops, are increasingly demanding paper bags, cloth bags, and recyclable bags. These factors are, in turn, generating demand for plastic bags and pouches to meet high expectations.
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The market for plastic bag and pouch manufacturing reached a value of nearly $18.9 billion in 2016 and is expected to grow at a compound annual growth rate (CAGR) of 4.1% to nearly $22.2 billion by 2020. The market for plastic bags and pouches manufacturing is marginally consolidated with a few large players dominating the market. Major players in the market are Amcor Limited, Sealed Air Corporation, and Bemis Company Inc., among others. Plastic bags accounted for the largest share of the market for plastic bag and pouch manufacturing in 2016 at 56.7%. The highest growth is projected to come from plastic pouches, which is forecast to grow at a CAGR of 4.7%.
Western Europe is the largest market for plastic bag and pouch manufacturing, accounting for 31.9% of the global market. It was followed by North America and Asia Pacific. Going forward, Asia Pacific is expected to witness the fastest growth in the plastic bag and pouch manufacturing market, estimated at a CAGR of 5.8%, followed by Africa, expected to grow at a CAGR of 5.4%.
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USA is the largest market in terms of value and is driving the market for plastic bag and pouch manufacturing. India and Russia are expected to have the fastest growth, growing at a CAGR of 6.9% and 5.0%, respectively.
The market is challenged by increasing manufacturing cost of plastic bags and pouches over the forecast period. Biodegradable plastic such as polylactic acid is increasingly being preferred over traditional petroleum-based plastics, but is costlier to produce.
Report Scope:
This research report categorizes the plastic bag and pouch manufacturing market by type. Product type include plastic bags and plastic pouches.
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Report Includes:
- 129 data tables and 5 additional tables
- An overview of the global market for plastic bag and pouch manufacturing
- Analyses of global market trends, with data from 2012 through 2016, estimates for 2017, and projections of compound annual growth rates (CAGRs) through 2020
- Information about market dynamics, trends, strategies, market drivers and restraints
- Coverage of customer information, and key mergers and acquisitions in this market
- Comprehensive company profiles of major players in the industry, including: Amcor Limited, Bemis Company, Inc., Inteplast Group, Novolex, Sealed Air Corporation
Companies Mentioned:
• AMCOR
• BEMIS COMPANY, INC.
• INTEPLAST GROUP, LTD.
• NOVOLEX HOLDINGS, INC.
• SEALED AIR
Table of Content
Chapter 1 Introduction
Chapter 2 Summary and Highlights
Chapter 3 Plastic Bags and Pouches Market Characteristics
Chapter 4 Plastics Bag and Pouch Market Size and Growth
Chapter 5 Plastics Bag and Pouch Trends and Strategies
Chapter 6 PESTLE Analysis
Chapter 7 Plastics Bag and Pouch Market Segmentation
Chapter 8 Plastics Bag and Pouch Market Regional and Country Analysis
Chapter 9 Global Plastics Bag and Pouch Market Comparison with Macro Economic Factors
Chapter 10 Asia-Pacific Plastics Bag and Pouch Market
Chapter 11 Asia-Pacific Plastics Bag and Pouch Market: Country Analysis
Chapter 12 Western Europe Plastics Bag and Pouch Market
Chapter 13 Western Europe Plastics Bag and Pouch Market: Country Analysis
Chapter 14 Eastern Europe Plastics Bag and Pouch Market
Chapter 15 Eastern Europe Plastics Bag and Pouch Market: Country Analysis
Chapter 16 North America Plastics Bag and Pouch Market
Chapter 17 North America Plastics Bag and Pouch Market: Country Analysis
Chapter 18 South America Plastics Bag and Pouch Market
Chapter 19 South America Plastics Bag and Pouch Market: Country Analysis
Chapter 20 Middle East Plastics Bag and Pouch Market
Chapter 21 Africa Plastics Bag and Pouch Market
Chapter 22 Plastics Bag and Pouch Market Competitive Landscape
Chapter 23 The Plastics Bag and Pouch Market Customer Information
Chapter 24 Key Mergers and Acquisitions in The Plastics Bag and Pouch Market
Chapter 25 Appendix
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