Press release
Plastic Packaging Market 2023-2028, Share, Size, Growth, Top Companies and Forecast
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.
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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.
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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
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IMARC Group
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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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