openPR Logo
Press release

Packaging Resins Market is estimated to be US$ 380.15 billion by 2030 with a CAGR of 7.3% during the forecast period 2030 With Top Most Key Players - Reliance Industries Ltd., Dow Chemical Company, Lotte Chemical Corporation, Sinopec Corporation.

10-13-2022 02:00 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Prophecy Market Insights

Packaging Resins Market is estimated to be US$ 380.15 billion

Packaging Resins Market accounted for US$ 188.9 billion in 2020 and is estimated to be US$ 380.15 billion by 2030 and is anticipated to register a CAGR of 7.3%. Resins are naturally origin as they are derived from plants. Food packaging are simpler that can hold a product. Packaging helps to keep the product safe, odorless and fresh. Packaging also helps in filling containers, landfills, increasing shelf life of product. Packaging resins has wide variety of applications like in food & beverages, healthcare, restaurants, retail shops and variety of industries. Resins are eco-friendly if they are dried and cured in a proper manner. COVID pandemic has led to growth in packaging resins market. Due to lockdown, people can't go outside and buy the food, household things thus preferred to buy the products online. Online food deliveries, groceries has led to increase in packaging material. After pandemic, online purchasing products are increased which requires packaging thus led to increase in packaging resins market.

To know the upcoming trends and insights prevalent in this market, click the link below:
https://www.prophecymarketinsights.com/market_insight/Packaging-Resins-Market-4903

The report "Global Packaging Resins Market, By Type (Polystyrene (PS), Polypropylene (PP), High-Density Polyethylene (HDPE), Linear Low Density Polyethylene (LLDPE), Low-Density Polyethylene (LDPE), Polyvinyl Chloride (PVC), and Others, By Application (Food and Beverages, Restaurants, Consumer goods, Industries, Retail, Healthcare) and Other By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030 "
Key Highlights:
• In February 2022, recent advancements in Smart Biogenic Packaging will reshape the future of the Food Packaging Industry. Biogenic packaging will help to protect the environment as it is bio-degradable and eco-friendly. It has become a solution to lower carbon footprints and ensure food safety.
• In October 2019, Dow Chemical Company launches a new resin called Dow Agility CE, which is made with 70% recycled plastic. This new innovation of new resin consists of LDPE (Low Density Polyethylene) and intended for use in collation shrink films which is considered as secondary packaging used in transportation of bottles and cans.

Analyst View:
Packaging Resins Market has been increasing due to prevalence in online food purchase, groceries, frozen foods. However, the packaging resins market also has some disadvantage that they are harmful to environment if not dried or cured properly. However, more research and development is required to develop new methods which can boost the performance of biogenic packaging materials which can able to expand their use in industries. As a result, advancements in newly eco-friendly, biogenic resins packaging will lead to growth in market.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on "Global Packaging Resins Market, By Type (Polystyrene (PS), Polypropylene (PP), High-Density Polyethylene (HDPE), Linear Low Density Polyethylene (LLDPE), Low-Density Polyethylene (LDPE), Polyvinyl Chloride (PVC), and Others, By Application (Food and Beverages, Restaurants, Consumer goods, Industries, Retail, Healthcare) and Other By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030"

Click To Get Sample Report:-
https://www.prophecymarketinsights.com/market_insight/Insight/request-sample/4903

Segments Covered in the Report:

Global Packaging Resins Market, By Type:
• Polystyrene (PS)
• Polypropylene (PP)
• High-Density Polyethylene (HDPE)
• Linear Low Density Polyethylene (LLDPE)
• Low-Density Polyethylene (LDPE)
• Polyvinyl Chloride (PVC)
• Others

Global Packaging Resins Market, By Application:
• Food and Beverages
• Restaurants
• Consumer goods
• Industries,
• Retail
• Healthcare
• Others

Key Market Insights from the report:
Global Packaging Resins Market accounted for US$ 188.9 billion in 2020 and is estimated to be US$ 380.15 billion by 2030 and is anticipated to register a CAGR of 7.3%.
The Global Packaging Resins Market is segmented based on Type, Application and Region.
• Based on Type, Global Packaging Resins Market is segmented into Polystyrene (PS), Polypropylene (PP), High-Density Polyethylene (HDPE), Linear Low Density Polyethylene (LLDPE), Low-Density Polyethylene (LDPE), Polyvinyl Chloride (PVC), and Others.
• Based on Application, Global Packaging Resins Market is segmented into Food and Beverages, Restaurants, Consumer goods, Industries, Retail, Healthcare and Others.
• By Region, the Global Packaging Resins Market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Competitive Landscape & their strategies of Global Packaging Resins Market:
The prominent players operating in the Global Packaging Resins Market includes, Reliance Industries Ltd., Dow Chemical Company, Lotte Chemical Corporation, Sinopec Corporation, SABIC (Saudi Arabia), Formosa Plastics Corporation, Jiangsu Sanfangxiang Group Co. Ltd., ExxonMobil Corporation, Toray Industries Inc., LyondellBaseall Industries Holdings B.V., M&G Chemicals, Borealis AG, Indorama Ventures Public Company Limited, PetroChina Companies Limited., Eastman Chemical Company, Arkema, BASF SE, Braskem S.A., Sumitomo Chemical, Mitsui & Co. Plastics Ltd., Chevron Philips Chemical Co., LLC., and others
The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.

OTHER RELATED REPORTS:-
https://www.openpr.com/news/2404516/renewable-methanol-market-2021-scope-and-price-analysis-of-top

https://www.openpr.com/news/2410794/latest-developments-and-strategies-of-top-key-players

https://www.openpr.com/news/2400671/vein-finders-market-by-size-supplier-demand-analysis-type

964 E. BadilloStreet #2042 Covina, CA 91724
US toll free: +1 860 531 2701
Rest of world: + 91 7775049802
Email:sales@prophecymarketinsights.com
Website:https://www.prophecymarketinsights.com

About Us: Prophecy Market Insights is specialized market research, analytics, marketing/business strategy, and solutions that offers strategic and tactical support to clients for making well-informed business decisions and to identify and achieve high-value opportunities in the target business area. We also help our clients to address business challenges and provide the best possible solutions to overcome them and transform their business.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Packaging Resins Market is estimated to be US$ 380.15 billion by 2030 with a CAGR of 7.3% during the forecast period 2030 With Top Most Key Players - Reliance Industries Ltd., Dow Chemical Company, Lotte Chemical Corporation, Sinopec Corporation. here

News-ID: 2766641 • Views:

More Releases from Prophecy Market Insights

Stationary Fuel Cell Market Size, Trends, Analysis, and Forecast till 2035
Stationary Fuel Cell Market Size, Trends, Analysis, and Forecast till 2035
(Oct-2025/Pune) The latest study titled Stationary Fuel Cell Market, published by Prophecy Market Insights, offers comprehensive insights into the global and regional markets projected to expand significantly between 2025 and 2035. The report provides a detailed analysis of market dynamics, value chain, investment opportunities, competitive landscape, and key market segments. It further explores strategic initiatives, technological advancements, and emerging opportunities across the fuel cell industry. In 2024, the Stationary Fuel Cell
Bio-identical hormone replacement Trends and Strategic Analysis 2025-2035
Bio-identical hormone replacement Trends and Strategic Analysis 2025-2035
The Latest study titled Bio-identical hormone replacement market, published by Prophecy Market Insights, provides valuable insights into both regional and global markets projected to grow in value from 2025 to 2035. The comprehensive research delves into the evolving market dynamics, value chain analysis, prominent investment areas, competitive landscape, regional outlook, and key market segments. It also offers a thorough assessment of the global market's drivers and constraints. Additionally, the report
Pharmaceutical Drugs Market to Reach USD 3357 Billion by 2035, Growing at a CAGR of 6.8% | SWOT and Key Player Insights
Pharmaceutical Drugs Market to Reach USD 3357 Billion by 2035, Growing at a CAGR …
Prophecy Market Insights has released its latest study on the Pharmaceutical Drugs Market, revealing significant growth opportunities driven by innovation in drug discovery, rising healthcare spending, and the global demand for effective therapies. The market, valued at USD 1750 billion in 2024, is expected to grow to USD 3357.0 billion by 2035, at a steady CAGR of 6.8% during the forecast period (2025-2035). Get Preview (PDF) Here: https://www.prophecymarketinsights.com/market_insight/Insight/request-pdf/6055 Market Overview The Pharmaceutical Drugs
Satellite Data Services Market 2035 Outlook: Key Drivers, SWOT Insights & Top Companies Review
Satellite Data Services Market 2035 Outlook: Key Drivers, SWOT Insights & Top Co …
Prophecy Market Insights has recently released a comprehensive research report on the Satellite Data Services Market, highlighting key trends, market dynamics, competitive insights, and growth opportunities expected through 2035. The market, valued at USD 10.6 billion in 2024, is projected to reach USD 52.5 billion by 2035, registering a remarkable CAGR of 17.6% during the forecast period. Get Sample PDF: https://www.prophecymarketinsights.com/market_insight/Insight/request-pdf/6053 Market Overview The Satellite Data Services Market is witnessing rapid expansion, driven

All 5 Releases


More Releases for Packaging

Personalized Packaging Market 2019 By Key Players: Owens Illinois, Salazar Packa …
Personalized Packaging Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. Download PDF Sample of this Report @ http://www.supplydemandmarketresearch.com/home/contact/277379?ref=Sample-and-Brochure&toccode=SDMRCH277379&utm_source=S2 The following manufacturers are covered: Owens Illinois Salazar Packaging Design Packaging PrimeLine Packaging International Packaging Elegant Packaging Pak Factory ABOX Packaging ACG Ecopak CB Group SoOPAK Company Huhtamaki
E-Commerce Packaging Market by Top Key Players - Pioneer Packaging, Arihant pack …
E-commerce packaging involves the use of materials for safe packaging of products sold by the e-commerce industry. E-commerce packaging plays a vital role in the consumers' perception about the e-retailer. It also indicates the perceived value of the item received. Packaging reflects the value of shipment in the e-commerce supply chain, that is, better the packaging, better the product inside it. Get Sample Copy of this Report @ https://www.bigmarketresearch.com/request-sample/2904563 The E-Commerce
Luxury Packaging Market 2019 SWOT Analysis By Top Key Players; MW Luxury Packagi …
Luxury Packaging Market report provides an in-depth overview of product specification, technology, product type and production analysis considering major factors such as revenue, cost, gross and gross margin. The company profiles of all the key players and brands that are dominating the Luxury Packaging Market with moves like product launches, joint ventures, merges and accusations which in turn is affecting the sales, import, export, revenue and CAGR values are mentioned
Global Luxury Packaging Market 2019 Top Key Players: MW Luxury Packaging, Progre …
Summary WiseGuyReports.com adds “Luxury Packaging Market 2019 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2024” reports to its database. This report provides in depth study of “Luxury Packaging Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Luxury Packaging Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as
Top Manufacturer in Luxury Packaging Market 2019: MW Luxury Packaging, Progress …
Luxury packaging is used for packaging and decorating high-end products.An increase in the luxury product consumption rate and the number of product launches in the fashion and cosmetic sectors are some major factors driving the market growth. The global Luxury Packaging market is valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025. The objectives
Personalized Packaging Market 2025 | Design Packaging, Inc., PrimeLine Packaging …
As per the new market report published by Research Report Insights titled ‘Personalized Packaging Market’: Global Industry Analysis and Forecast 2017-2025’, global personalized packaging market attained a value worth US$ 25,577.9 Mn in 2017 and will possibly thrive at a promising CAGR of 5.1% over the forecast period (2017-2025). The global personalized packaging market has witnessed solid growth during the past few decades, owing to the increasing trend of luxury