Press release
Plastics Bag and Pouch Manufacturing Market Trends, Strategies, Drivers and Global Forecast to 2020
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.
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.
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"
Table of Contents
Chapter 1 Introduction
Study Goals and Objectives
Reasons for Doing This Study
Scope of Report
Information Sources
Methodology
Geographic Breakdown
Analyst's Credentials
Related BCC Research Reports
Chapter 2 Summary and Highlights
Chapter 3 Plastic Bags and Pouches Market Characteristics
Chapter 4 Plastics Bag and Pouch Market Size and Growth
Historic Market Growth
Drivers of the Market
Restraints on the Market
Forecast Market Growth
Drivers of the Market
Restraints on the Market
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Chapter 5 Plastics Bag and Pouch Trends and Strategies
Investment in Developing Economies
Increasing Manufacturing Capacity
Chapter 6 PESTLE Analysis
Political
Economic
Social
Technological
Legal
Environmental
Chapter 7 Plastics Bag and Pouch Market Segmentation
Global Plastics Bag and Pouch Market, By Segment
Global Plastics Bag and Pouch Market, 2012-2020, Historic and Forecast, By Segment
Global Plastics Bag and Pouch Market, 2016, By Type of Material
Global Plastics Bag and Pouch Market, 2012-2020, Historic and Forecast, By Type of Material
Plastics Bag Manufacturing Market
Market Characteristics
Market Trends and Strategies
Plastic Pouch Manufacturing Market
Market Characteristics
Market Trends and Strategies
Recycling and Waste Management
Chapter 8 Plastics Bag and Pouch Market Regional and Country Analysis
Global Plastics Bag and Pouch Market, 2016, By Region
Global Plastics Bag and Pouch Market, 2012-2020, Historic and Forecast, By Region
Global Plastics Bag and Pouch Market, 2016, By Country
Global Plastics Bag and Pouch Market, 2012-2020, Historic and Forecast, By Country
Chapter 9 Global Plastics Bag and Pouch Market Comparison with Macro Economic Factors
Global Plastics Bag and Pouch Market Size, Percentage Of GDP
Global Plastics Bag and Pouch Market Size, Percentage Of GDP, By Country
Global Per Capita Average Plastics Bag and Pouch Expenditure
Global Per Capita Average Plastics Bag and Pouch Expenditure, By Country
Chapter 10 Asia-Pacific Plastics Bag and Pouch Market
Asia-Pacific Plastics Bag and Pouch Market Overview
Region Information
Market Information
Background Information
Major End User Industries
Investments in Plastic Bags and Pouches Manufacturing Market
Regulations Governing the Plastic Bags and Pouches Industry
Asia-Pacific Plastics Bag and Pouch Historic Market, 2012-2016
Asia-Pacific Plastics Bag and Pouch Forecast Market, 2016-2020
Asia-Pacific Plastics Bag and Pouch Market, 2016, By Segment
Asia-Pacific Plastics Bag and Pouch Market, 2012-2020, Historic and Forecast, By Segment
Asia-Pacific Plastics Bag and Pouch Market, 2016, By Type of Material
Asia-Pacific Plastics Bag and Pouch Market, 2012-2020, Historic and Forecast, By Type of Material
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