Plastic Packaging Market: 2021 Industry Size, Share, Growth Insights, Future Tre

Posted by Rohan K on February 11th, 2021

Overview:

The Plastic Packaging Market is witnessing a drastic change in its market prospects. This is because it is getting mostly governed by various stringent government measures and environmental concerns. The plastic packaging market mainly owes its rise to the rapidly increasing urbanization, which has changed consumer preferences. As a consequence of that, the food and beverage sector is triggering high growth. Market Research Future (MRFR) predicts that the global plastic packaging market has a chance to register a 5% CAGR and cross USD 400 Bn valuation during the forecast period of 2018 to 2023. However, rising awareness regarding its health risks can restrain market growth.

Segmentation:

The global plastic packaging market was studied on the basis of type and application. MRFR's analysts have made this segmentation to provide precise data on various factors that can help in a proper assessment of strategic moves.

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By type, the plastic packaging market study includes sub-segments like rigid packaging and flexible packaging.

By application, the global report on the plastic packaging market includes segments like food & beverage, industrial, healthcare, personal care, and others. The food & beverage segment is creating scopes for the market to expand. Rising disposable income is bolstering the personal care segment. An increase in healthcare-related investments is set to transform the plastic packaging market.

Regional Analysis:

Asia Pacific has the largest market for plastic packaging. In 2015, it had control over 35% of the global market. Development in food & beverage and healthcare industries can bolster the regional market growth.

Competitive Landscape:

The global market study of the plastic packaging market includes a recording of changes inspired by companies like BASF SE, Crown Holdings Inc., Amcor Ltd, Constantia Flexibles International GmbH, Huhtamaki Oyj, Mondi Group, Saint-Gobain, Bemis Company Inc., Sonoco Products Company, Sealed Air Corporation, Ampac Holdings LLC., and Wipak Group. MRFR's analysts have included the measures taken by these companies in recent years to get information about trends that can inspire changes in the market.

Table of Content

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Five Forces Analysis

4.1.1 Threat Of New Entrants

4.1.2 Bargaining Power Of Buyers

4.1.3 Threat Of Substitutes

4.1.4 Segment Rivalry

4.2 Value Chain Of Global Plastic Packaging Market

5 Industry Overview Of Global Plastic Packaging

5.1 Introduction

5.2 Growth Drivers

5.3 Impact Analysis

5.4 Market Challenges

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About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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Rohan K

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Rohan K
Joined: February 4th, 2021
Articles Posted: 78

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