Plastic Packaging Market 2018 Global Leading Companies - Mondi Group, Sealed Air Corporation, Sonoco Products Company, Amcor Ltd, BASF SE, Crown Holdings Inc, Bemis Company Inc

Market research future published a half cooked research report on Global Plastic Packaging Market. The global market for global plastic packaging market is expected to grow over the CAGR of around 5% during the period 2016 to 2022.

Market Highlights

Plastic with its properties such as durability and lightweight is been considered as one of the most preferred packaging materials. High aesthetic value and barrier properties of plastic further always stands out when compared to the conventional packaging material.

The Global Plastic Packaging Market is driven by the growth in healthcare and food & beverage industries. Rapid urbanization and increased purchasing power is followed by drastic change in lifestyle of average consumers. This change in lifestyle has resulted in changing consumer preferences. This can be seen with the high dependency on packaged and processed food items. The increasing working population has fueled the demand for packaged foods to save time and efforts. Food and beverage was valued as the largest application market for plastic packaging in 2015 with over 54% of the volume consumption.

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Furthermore the increasing awareness about health risks and diseases globally has augmented the market for healthcare products. This has opened doors for plastic packaging in healthcare industry. With increased disposable income in emerging nations of APAC, there has been high spending by average consumers in their healthcare and medical. APAC was valued as the fastest growing market for plastic packaging in 2015 with 35% of total volume consumption.

The global plastic packaging market is expected to cross USD 400 Billion at the end of the forecasted period and is expected to show a staggering growth at CAGR of approximately 5% from 2016 to 2022.

Key Players

The key players of global plastic packaging market report include- Amcor Ltd, BASF SE, Crown Holdings Inc., Saint-Gobain, Bemis Company Inc., Huhtamaki Oyj, Mondi Group, Sealed Air Corporation, Sonoco Products Company, Constantia Flexibles International GmbH, Ampac Holdings LLC and Wipak Group among others.

Market Research Analysis:

Plastic is one of the most preferred packaging material by the companies and the consumers due to its properties such as rigidness, lightweight and durability. The applicability in the packaging market across all applications and industries has widened over a period of time. With rapid economic development in emerging nations, there is a change in lifestyles of common people. This induces the packaging in both food & beverage and healthcare industries.

It is expected that the Global Plastic Packaging Market will advance with higher growth rate as compared to previous years. The current challenge for the market is fluctuating material costs. The growing population and urbanization in the emerging economies is driving the market of plastic packaging along with potential growth in food & beverages and healthcare industries over the next five years, especially in APAC. Rigid packaging was valued as the most important segment, which accounted for largest market share in 2015. Rigid packaging is expected to continue the growing trend in coming years. Flexible packaging is also expected to have a steady market during the forecast period.

Scope of the report

This study provides an overview of the global plastic packaging industry, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific, and Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global plastic packaging market as types and application. On the basis of types it is segmented as rigid packaging and flexible packaging. On the basis of application it is segmented as food & beverage, healthcare, personal care and others.

APAC will be the fastest growing market

APAC is expected to dominate the market for global plastic packaging. The region accounted for over 35% of total volume consumption in 2015 and is expected to show rapid growth by 2022. This share would be attributed to the rapid economic growth, change in lifestyle which induces the demand for packaged food from the region. The pharmaceutical industries also have an expanding market in APAC which further increases the demand for plastic packaging for medicines and other related products.

North America, Europe and RoW are also expected to show steady growth in global plastic packaging market by 2022. The food and beverage sector in Europe is expected to boost further in coming years. This would widen the scope for plastic packaging industries.

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Product Analysis
• Product matrix which gives a detailed comparison of the market for different recycled product types

Additional Information
• Regulatory Landscape
• Pricing Analysis
• Macroeconomic Indicators

Geographic Analysis
• Geographical analysis across 15 countries

Company Information
• Profiling of 10 key market players
• In-depth analysis including SWOT analysis, and strategy information of related to report title
• Competitive landscape including emerging trends adopted by major companies

Brief TOC :

1. Executive Summary
2. Research Methodology
3. Market Dynamics
4. Global Market, By PackagingType
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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