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Plastic Packaging Market 2023-2028, Share, Size, Growth, Top Companies and Forecast

04-26-2023 06:57 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Plastic Packaging Market 2023-2028, Share, Size, Growth, Top

According to IMARC Group's latest report, titled "Plastic Packaging Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028," the global plastic packaging market is expected to exhibit a growth rate (CAGR) of 4.1% during 2023-2028.

Plastic packaging is a flexible packaging solution utilized for protecting, handling, storing, and transporting a wide range of products. It is manufactured using polyethylene (PE), polypropylene (PP), polyvinyl chloride (PVC), polystyrene (PS), polyethylene terephthalate (PET), and expanded polystyrene (EPS) materials. It provides enhanced durability, versatility, lightweight, tensile strength, sustainability, and cost-effectiveness. As a result, plastic packaging materials are gaining immense traction across the globe.

Request Free Sample Report: https://www.imarcgroup.com/plastic-packaging-market/requestsample

Market Trends

The increasing working population and hectic work schedules of individuals are catalyzing the demand for ready-to-eat (RTE) and processed edible products, which, in turn, is positively influencing the market. In addition, the rising trend of online food ordering is escalating the demand for flexible plastic packaging solutions. Apart from this, various product innovations, such as the development of environment-friendly and sustainable packaging solutions that help reduce toxic waste and conserve natural resources, are stimulating market growth. Furthermore, the widespread adoption of plastic packaging in cosmetic and personal hygiene products to increase the shelf life of packed materials and prevent damage during transit is offering lucrative growth opportunities to manufacturers.

Ask Analyst and Browse Full Report with TOC & List of Figure: https://www.imarcgroup.com/plastic-packaging-market

List of Key Companies Covered in this Market Report:

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
Winpak Ltd.

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 Geography:

North America (U.S. & Canada)
Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
Latin America (Brazil, Mexico)
Middle East & Africa

Key highlights of the report:

Market Performance (2017-2022)
Market Outlook (2023- 2028)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

Related Report by IMARC Group:

Organic Substrate Packaging Material Market Report: https://www.imarcgroup.com/organic-substrate-packaging-material-market

Anti-Counterfeit Packaging Market Report: https://www.imarcgroup.com/anti-counterfeit-packaging-market

Flexible Intermediate Bulk Container Market Report: https://www.imarcgroup.com/flexible-intermediate-bulk-container-market

Home Care Packaging Market Report: https://www.imarcgroup.com/home-care-packaging-market

Anti-Counterfeit Packaging Market Report: https://www.imarcgroup.com/anti-counterfeit-packaging-market

Edible Packaging Market Report: https://www.imarcgroup.com/edible-packaging-market

Beverage Packaging Market Report: https://www.imarcgroup.com/beverage-packaging-market

Contact US

IMARC Group
Email: sales@imarcgroup.com
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Address: 134 N 4th St. Brooklyn, NY 11249, USA
Website: https://www.imarcgroup.com/
Follow us on Twitter: @imarcglobal
Linkedin: https://www.linkedin.com/company/imarc-group

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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