Plastic Packaging Market Application & Industry Forecast 2019-2025| BASF SE, Crown Holdings Inc., Amcor ltd, Saint-Gobain, Bemis Company Inc., Huhtamaki Oyi, Sealed Air Corporation, Mondi Group, Wipak Group & Ampac Holdings LLC

Growing demand of plastic packaging in several applications such as food & beverages, household care, personal care, construction, and consumer electronics is expected to drive the market growth in upcoming years.

Request sample copy of this report at: https://www.adroitmarketresearch.com/contacts/request-sample/360

Rising request for flexible packaging, basically for frozen food, packaged food, foods and beverages is anticipated to positively impact the growth over the forecast period. Likewise, rapidly growing usage of plastic packaging canisters and containers for various industrial applications in energy, construction, and automotive sectors is estimated to increase global plastic packaging market growth in upcoming period.

Growing penetration of pouches and bottles in medical sector is also anticipated to benefit global plastic packaging market growth. The global plastic packaging market is projected to witness the highest revenue progress in the food and beverages segment, at a CAGR of x.x% by the end of year 2025.

The segmentation of global plastic packaging market categorized into type, application, region, and product. By the type segment, this market is sub-segmented into flexible packaging and rigid packaging. The rigid packaging is anticipated the largest plastic packaging market share of revenue. By application segment, plastic packaging market is sub-segmented into healthcare, industrial, foods and beverages, and personal care. Amid these, the food and beverages segment has noted the highest percentage in previous years and accounted to grow over the forecast year in terms of revenue.

Read complete report at: https://www.adroitmarketresearch.com/industry-reports/plastic-packaging-market

By regional segment, the global plastic packaging market is sub-segmented into four groups such as Europe, Asia Pacific, North America, and Rest of world. Asia Pacific is one of the leading global plastic packaging market in terms of revenue. In this, China will expected tremendous growth over the forecast years. Some key factors like urbanization, rising income, and increasing population are playing significant role in global plastic packaging market. Indonesia and India are also going to increase growth rate of plastic packaging market as packaging demand rising in the personal care sector.

Geographically, the North America has valued for the second-highest share in plastic packaging market. The regional plastic packaging market is categorized by existence of major players that involved in manufacture and supply of packaging products globally.

Global plastic packaging market: Trends

Changing consumer habits
Developments in the field of polymer science
Increased urbanization
Increased preference of plastic products by retailers
Increased investment in food processing and production in China

Global plastic packaging market: Key Players

BASF SE
Crown Holdings Inc.
Amcor ltd
Saint-Gobain
Bemis Company Inc.
Huhtamaki Oyi
Sealed Air Corporation
Mondi Group
Wipak Group
Ampac Holdings LLC
Others

Global plastic packaging market: Segmentation

By Type

Flexible
Rigid

By product

Cans
Bottles
Bags
Wraps and Films
Pouches
Others

By Application

Industrial packaging
Food & Beverages
Personal care
Household care
Others

By Region

Europe
U.K.
Germany
North America
U.S.
Asia Pacific
India
China
Japan
Middle east and Africa
South Africa
Central and South America
Brazil

Get 10% discount on purchase at: https://www.adroitmarketresearch.com/researchreport/purchase/360

Global plastic packaging market: Drivers

Downsizing of packaging
Growing demand from consumers
Cost-effective
Developments in global manufacturing segment

What to expect from the upcoming report on 'Global Plastic Packaging Market':

- Analysis of future prospects as well as global cement tiles market trends market over the forecast period (2018-2025)

- Information regarding technological progressions as well as innovations taking place in developing as well as developed economies and also various macro & microeconomic factors that affect the growth of the market.

- Supportive initiatives by government likely to influence the market dynamics.

- Key drivers influencing market's growth, opportunities, restraints, sales channels and distributors.

- In-depth analysis of different market segmentations including end-user, application, manufacturing process and geographical regions.

- Deep analysis about the competitive landscape of the market and the initiatives by them to improve this market such as expansions, growth strategies, agreements, new product launches and acquisitions in the market

- Value Chain and Sales Channels Analysis

Who should buy this report?

- Report is especially designed for Venture capitalists, Investors, financial institutions, Analysts, Government organizations, regulatory authorities, policymakers, researchers, strategy

Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market's size, key trends, participants and future outlook of an industry. We intend to become our clients' knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code- Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

Ryan Johnson
Account Manager Global
3131 McKinney Ave Ste 600, Dallas,
TX75204, U.S.A.
Phone No.: USA: +1 972-362 -8199/ +91 9665341414

This release was published on openPR.