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Europe Plastic Protective Packaging Market Size Worth USD 6.2 Billion by 2032 at a 4.3% CAGR:

05-14-2024 04:34 AM CET | Chemicals & Materials

Press release from: Fact.MR

Europe Plastic Protective Packaging Market

Europe Plastic Protective Packaging Market

The global plastic protective packaging market grew at a nearly 4.3% CAGR from 2017 to 2021, reaching US$ 3.83 billion, according to Fact.MR, a market research and competitive intelligence service. The propensity of consumers to shop online has dramatically increased in recent years, which has greatly accelerated the growth of the e-commerce industry.

Among the materials most frequently used in industries for protective packaging is plastic. Plastic packaging is widely used in retail, with different applications depending on the needs of the product or the business, such as weather protection, guarding, and damage protection. Probably the most affordable and adaptable packaging material is plastic. The variety of plastics utilized in the packaging sector has expanded even further thanks to developments in plastic composition. The food and beverage business has found plastic packaging's flexibility, low weight, and durability to be particularly beneficial, and this is meeting the industry's continued demand increase.

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐š ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:
https://www.factmr.com/connectus/sample?flag=S&rep_id=7417

Category-wise Insights

Air cushions and bubble packing have become a practical protective packaging option for a wide range of products, from heavier electrical components and glassware to lightweight, delicate objects like ceramics and housewares, thanks to the substantial expansion in the construction and electronics sectors. True.According to MR's projections, this market is expected to grow at a compound annual growth rate (CAGR) of 6%.

Since bubble products are the most adaptable protective packaging, producers offer inflated bubble packaging in a variety of configurations and grades, allowing the bubble's size to be adjusted according to the product. Furthermore, contemporary inflated bubble goods are also made from recyclable materials. For both groups, a projected market share of 50% is expected.

๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:

Berry Global Group, Inc
Amcor Plc
Mondi Group Plc
Sonoco Products Company
Sealed Air Corporation

Competitive Landscape: Top Companies in Plastic Protective Packaging Market

Leading companies in the Plastic Protective Packaging industry are heavily investing in R&D and concentrating on technological advancements and cooperative efforts with other market participants in growing markets.

True.In the recently released analysis, MR has supplied comprehensive details regarding the pricing points of major producers in the Plastic Protective Packaging market positioned across countries, sales growth, manufacturing capacity, and speculative technological expansion.

Berry worldwide Group paid around US$ 6.5 billion to acquire the worldwide plastic packaging provider RPC Group in July 2019. This acquisition secured the company's obligations as well as the equity investment.
Amcor, a leader in the development and production of environmentally friendly packaging solutions worldwide, said in April 2022 that it is the first business to buy certified circular polyethylene material using ExxonMobil's ExxtendTM technology for advanced recycling.

๐†๐ž๐ญ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐จ๐ซ ๐’๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐’๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ:
https://www.factmr.com/connectus/sample?flag=RC&rep_id=7417

Europe Plastic Protective Packaging Market by Category

By Material Type:
Air Cushion Plastic Protective Packaging
PP
HDPE
LDPE
LLDPE
Plastic Mailer Protective Packaging
PP
HDPE
LDPE
LLDPE
Bubble Plastic Protective Packaging
PP
HDPE
LDPE
LLDPE
Dunnage Bags Plastic Protective Packaging
PP
HDPE
LDPE
PVC
Sleeves Plastic Protective Packaging
PP
HDPE
LDPE
PVC
Shrink Wrap Plastic Protective Packaging
PP
HDPE
LDPE
LLDPE
PVC
Stretch Wrap Plastic Protective Packaging
PP
HDPE
LDPE
LLDPE
PVC
Stretch Hood Plastic Protective Packaging
HDPE
LDPE
LLDPE
By Country:
Germany
Italy
France
Spain
U.K.
Russia
BENELUX
Rest of Europe

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:

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