Press release
Plastic Packaging Market Analysis 2022-2027, Industry Size, Share, Trends and Forecast
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
For handling, storing, and transporting a variety of items, plastic packaging provides a flexible packing solution. Expanded polystyrene (EPS), polyethylene terephthalate (PET), polyvinyl chloride (PVC), polystyrene (PS), and polyethylene (PE) are among the materials used to make it. It offers improved toughness, adaptability, lightness, tensile strength, sustainability, and affordability. Plastic packing materials are consequently becoming very popular all around the world.
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Market Trends
The demand for ready-to-eat (RTE) and processed edible items is being catalysed by the growing working population and busy work schedules of individuals, which in turn is having a favourable impact on the market. Additionally, the popularity of online meal delivery is driving up demand for flexible plastic packaging. In addition, a number of product improvements, such as the creation of sustainable and environment-friendly packaging options that aid in the reduction of toxic waste and the preservation of natural resources, are promoting market expansion. Additionally, the increased use of plastic packaging in cosmetic and personal care goods to extend the shelf life of the materials packaged and avoid damage during transit is providing producers with many growth potential.
Ask Analyst and Browse Full Report with TOC & List of Figure: https://www.imarcgroup.com/plastic-packaging-market
The report has segmented the market on the basis of material, product, end use industry and region.
Breakup by Material:
Polyethylene (PE)
Polypropylene (PP)
Polyethylene Terephthalate (PET)
Polystyrene (PS) and Expanded Polystyrene (EPS)
Polyvinyl Chloride (PVC)
Others
Breakup by Product:
Bottles and Jars
Trays and Containers
Others
Breakup by End Use Industry:
Food and Beverages
Healthcare
Cosmetics and Personal Care
Others
Breakup by Region:
North America
Asia Pacific
Europe
Latin America
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being ALPLA-Werke Alwin Lehner GmbH & Co. KG, Amcor plc, Anchor Packaging LLC, Berry Global Inc., DS Smith plc, Honeywell International Inc., Huhtamäki Oyj, Mondi plc, Printpack, Sealed Air Corporation, Sonoco Products Company and Winpak Ltd.
Related Report by IMARC Group:
Agricultural Packaging Market Report: https://www.imarcgroup.com/agricultural-packaging-market
Organic Substrate Packaging Material Market Report: https://www.imarcgroup.com/organic-substrate-packaging-material-market
Gift Packaging Market Report: https://www.imarcgroup.com/gift-packaging-market
Flexible Packaging Market Report: https://www.imarcgroup.com/flexible-packaging-market
Smart Packaging Market Report: https://www.imarcgroup.com/smart-packaging-market
Cold Chain Packaging Market Report: https://www.imarcgroup.com/cold-chain-packaging-market
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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