Plastic Packaging Market Analysis by Product (Rigid Packaging, Flexible Packaging) with Major Key Players SWOT Analysis: Sonoco, Gateway Packaging Company, RPC bpi group, Graphic Packaging International, LLC, Amcor

The global Plastic Packaging Market have plastics which provide a tougher, cleaner, and more attractive form of packaging, mainly for the food and beverage industry; hence, it generates a quick rate of growth in demand across the world. The demand for the plastic has increased due to high products available in the plastic bags, and sachets, as well as the more conventional rigid packaging methods which in turn will increase the global Plastic Packaging Market.

Market Analysis

The Global Plastic Packaging Market accounted to USD 100.2 billion in 2016 growing at a CAGR of 6.0% during the forecast period of 2017 to 2024. The global plastic packaging market is highly fragmented and is based on new product launches and clinical results of products.

In 2016, around 485 billion PET bottles were produced worldwide, and it is forecasted that it would reach 583.3 billion in 2021.

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Major Market Competitors: Global Plastic Packaging Market

Some of the major players operating in global plastic packaging market are

• Amcor Limited
• Novolex – Carlyle Group
• Bischof + Klein SE & Co. Kg
• RPC BPI Group
• Proampac
• Britton Group Limited
• Gascogne Flexible

Graphic Packaging Holding Company, Swiss PAC, Sonoco Products Company, Printpack, Inc., Wihuri Oyj, Sigma Plastics Group, American Packaging Corporation, Om Printing & Flexible Packaging Pvt. Ltd., COVERIS, HUHTAMAKI GROUP, Glenroy, Inc., Cosmo Films Limited are among the others mentioned in the global plastic packaging market report .

In August 2017: Sealed Air Corp. acquired Deltaplam Embalagens Indústria e Comércio Ltd., a flexible packaging company in Brazil. This acquisition strengthened their position in Latin America and enhanced their portfolio of innovative, value-added solutions for customers.

Major market drivers and restraints: Global Plastic Packaging Market

• Cheaper & Improved Shelf-Life of the Product
• Increasing Demand From End Users
• Developments in Global Manufacturing Activities
• Stringent Regulations
• Recent Technologies
• Recyclability

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Market Segmentation: Global Plastic Packaging Market

By product the global plastic packaging market is segmented into rigid packaging, and flexible packaging.

On the basis of application the global plastic packaging market is segmented into food & beverages, industrial, household products, personal care, medical, and others.

On the basis of end-user the global plastic packaging market is segmented into food industry, commercial, and residential, and hospitals & clinics.

On the basis of geography, global plastic packaging market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.

Target audience

The target audience for the global Plastic packaging market

• Traders, distributors, and suppliers of Plastic Packing
• Importers and exporters of Plastic Packing.
• Consultants for Plastic Packing industry.
• Government and research organizations.
• Associations and industry bodies.
• End users.
Are among the Few Mentioned In the Report.

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Key Highlights of Report

• Overview of key market forces propelling and restraining market growth
• Offers a clear understanding of the competitive landscape and key product segments
• An analysis of strategies of major competitors
• Detailed analyses of industry trends
• A well-defined technological growth map with an impact-analysis
• Provides profiles of major competitors of the market.
• Details of their operations, product and services.
• Recent developments and key financial metrics.

Customization Options

• All segmentation provided above in this report is represented at country level and can be customized according to needs.
• All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization).

Research Methodology

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation.

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