Press release
Plastic Packaging Market Set to Witness Unprecedented Growth of USD 484.39 Billion by 2030
The high demand for handy products has increased as a result of busy lifestyles, resulting in an increase in demand for flexible packs. Flexible plastic packaging uses fewer resources and energy to package; as a result, flexible packs are less expensive and take up 35% less retail shelf space, making them more cost-effective than other types of packaging. Plastic packaging decreases product waste while also extending shelf life. For example, bananas wrapped in flexible plastic packaging ripen more slowly, extending shelf life. This sort of packing can be done with the least amount of packaging feasible, reducing warehousing and transportation costs while preserving or improving product protection.
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Some of the major players operating in the plastic packaging market are
Smurfit Kappa (Ireland)
Mondi (U.K.)
BASF SE (Germany)
WestRock Company (U.S.)
Georgia-Pacific (U.S.)
Metabolix(U.S.)
Cereplast(U.S.)
NatureWorks LLC(U.S.)
Mitsubishi Chemical Corporation (Japan)
Biome Bioplastics (U.K.)
Plantic (Australia)
BIO-ON (Italy)
Danimer Scientific (U.S.)
Novamont S.p.A. (Italy)
TORAY INDUSTRIES, INC. (Japan)
Indochine Bio Plastiques (ICBP) Sdn. Bhd (Malaysia)
TianAn Biologic Materials Co. Ltd. (China)
Minima Global Ltd. (Switzerland)
CLONDALKIN GROUP (Netherlands)
Cargill, Incorporated (U.S.)
GLOBAL PLASTIC PACKAGING MARKET SCOPE
Type
Rigid Plastics
Bottles and Jars
Cans
Trays and Containers
Caps and Closures
Others
Flexible Plastics
Wraps and Films
Bags
Pouches
Others
Technology
Injection Molding
Extrusion
Blow Molding
Thermoforming
Others
Material Type
Polypropylene
Polyethylene
Poly Vinyl Chloride
Polystyrene
Ethylene Vinyl Alcohol
Bio- plastic
Polyethylene Terephthalate
Polyamide
Others
Application
Food and Beverages
Industrial
Household Products
Personal Care
Medical
Others
Plastic Packaging Market Regional Analysis/Insights
The Plastic Packaging market is analyzed and market size insights and trends are provided by country, material type, end user and application as referenced above.
The countries covered in the Plastic Packaging market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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