Plastic Protective Packaging Market Outlook Focusing on Major OpportunitiesPosted by Arslan on May 6th, 2019 The latest report by Fact.MR on the plastic protective packaging market offers in-depth analysis along with the valuable insights on the market. The report highlights all the important factors influencing the growth in the plastic protective packaging market. The study includes historical data along with the forecast on the plastic protective packaging market. Micro and macro-economic factors impacting the plastic protective packaging market growth are also included in the report. The study also focuses on the quantitative data and qualitative data. Request for a Free Sample of this report @ https://www.factmr.com/connectus/sample?flag=S&rep_id=3277 Plastic Protective Packaging Market - Key Insights Plastic protective packaging registered a steady growth at 5.4% CAGR between 2013 and 2017. The plastic protective packaging market will continue to witness robust growth in the future owing to various factors ranging from growing demand for inflatable packaging to increasing adoption of plastic packaging in the ecommerce sector. The plastic protective packaging market is expected to surpass revenues worth US$ 14 billion in 2019. Europe is likely to remain the largest market for plastic protective packaging with revenues estimated to exceed US$ 4 billion in 2019. Plastic protective packaging market is expected to witness a relatively faster growth in East Asia, as China continues to gain significance as attractive hub for packaging manufacturers, upheld by growing demand from the electronics industry. What are the Key Challenges in the Plastic Protective Packaging Market?
Stretch Wrap to Find Widespread Adoption in Protective Packaging across Industries Stretch wraps have gained high palpability as an effective packaging solution in recent years, with demand attributed to growth in palletizing and shipping activities, in line with rising purchasing power of consumers and retail activities. Improvement in resin strength and machinery technology used in stretch wrap manufacturing is also likely to expand the application range of stretch wraps in the upcoming years. Multi-layer stretch wraps and films are also gaining popularity across various industries due to the high-strength and customization potential. Plastic Protective Packaging Market - Competitive Landscape
Key players operating in the plastic protective packaging market include Berry Global Group, Inc., AEP Industries Inc., Intertape Polymer Group Inc., Smurfit Kappa Group, Sealed Air Corporation, Signode Packaging Systems Corporation, Winpak Ltd., Kureha Corporation, PREMIUMPACK GmbH, Flexopack S.A., Schur Flexibles Group, Coveris Holdings S.A., Allfo Vakuumverpackungen Hans Bresele Kg, Kuplast Matejka Kumar S.P., and Buergofol GmbH. Like it? Share it!More by this author |