Plastic Packaging Market- Global Industry Analysis and Forecast (2022-2029)

Plastic Packaging Market size is expected to reach nearly US$ 504.06 billion by 2029 with the CAGR of 4.2% during the forecast period. The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region. Plastic Packaging MarketTo know about the Research Methodology :- Request Free Sample Report

Plastic Packaging Market Dynamics:

Large brands are focusing on personalized and customized plastic packaging to create an impact on consumers and enhance brand consciousness. Packaging enables companies to differentiate brands and offer personalization. Packaging can offer links to information about the product, both enhancing the product and providing details about its provenance. Plastic packaging enables enhancement of brand power for global brands and offers an effective method to compete with private labels and developing local players. Growth in digitalization offers consumers access to huge and detailed information. Communicating brand values effectively and enabling product differentiation is a major factor driving the growth of the plastic packaging industry. Few restraining factors are anticipated to frighten demand in the global plastic packaging market. One of the key restraint is the high prices of raw material that generate from crude oil or petrochemicals are used to produce plastics. Furthermore, increasing prices of crude oil are also fluctuating at the global level that further raises the cost of transportation and exploration. This factor is also likely to obstruct growth in the global plastic packaging market. In the global plastic packaging market, the demand for rigid packaging is anticipated to increase at a high rate over the projected period. But there are also high chances that flexible packaging might lead the market because of the increasing demand for flexible packaging. As flexible packaging increases toughness and tensile strength and is capable of storing a large volume of products, its demand is boosted across the globe.

Plastic Packaging Market Regional Insights:

Geographically, Asia Pacific is expected to contribute a dominant share in the global plastic packaging market. High consumption of packaged food and increasing consumerism have made this region led the global market. However, the demand for plastic packaging is diminishing in Europe and North America, caused by the problem faced during its disposal. Report for global plastic packaging market comprises of wide primary research along with the complete analysis of qualitative as well as quantitative aspects by numerous industry experts, key opinion leaders to gain the deeper perception of the market and industry performance. The report gives a clear picture of present market scenario which contains historical and projected market size in terms of value and volume, technological advancement, macroeconomic, and governing factors in the market. The report delivers detailed information and strategies of the top key players in the industry. The report also gives a comprehensive study of the different market segments and regions. The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data, and projections with a suitable set of assumptions and methodology. The report also helps in understanding global plastic packaging market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence.

Plastic Packaging Market, Key Highlights:

• Global Plastic Packaging Market analysis and forecast, in terms of value. • Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Plastic Packaging Market • Global Plastic Packaging Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided. • Global Plastic Packaging Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study. • Global Plastic Packaging Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation. • Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled. • Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Plastic Packaging Market are also profiled.

Plastic Packaging Market Scope: Inquire before buying

Global Plastic Packaging Market
Report Coverage Details
Base Year: 2021 Forecast Period: 2022-2029
Historical Data: 2017 to 2021 Market Size in 2021: US $ 362.70 Bn.
Forecast Period 2022 to 2029 CAGR: 4.2% Market Size in 2029: US $ 504.06 Bn.
Segments Covered: by Product • Rigid Packaging • Flexible Packaging
by Application • Food & Beverages • Industrial • Household Products • Personal Care • Medical • Others (Including Various Components in Automotive, etc.)
by Material • Polyethylene (PE) • Polyethylene terephthalate (PET) • Polypropylene (PP) • Polystyrene (PS) and Expanded polystyrene (EPS) • Polyvinyl chloride (PVC) • Other Rigid Plastic Packaging Materials

Plastic Packaging Market, By Region

• North America • Europe • Asia Pacific • Middle East & Africa • South America

Key Players Operating in the Global Plastic Packaging Market:

Amcor Ltd. • Ampac Holdings LLC • Bemis Company, Inc • Huhtamaki Oyj • Mondi plc • Sealed Air Corporation • Ukrplastic Corporation • Wipak Group • Sonoco Products Company • Constantia Flexibles International GmbH. • Sealed Air • Coveris • CCL Industries, Inc. • Berry Plastic Corporation • NatureWorks LLC • CCC Packaging, • Reynolds Pens, • ALPLA, • Huhtamaki, • BALL CORPORATION, • Tetra Laval International S.A • DS Smith, • PROLAMINA PACKAGING Frequently Asked Questions: 1. Which region has the largest share in Global Plastic Packaging Market? Ans: Asia Pacific region holds the highest share in 2021. 2. What is the growth rate of Global Plastic Packaging Market? Ans: The Global Plastic Packaging Market is growing at a CAGR of 4.2% during forecasting period 2022-2029. 3. What is scope of the Global Plastic Packaging Market report? Ans: Global Plastic Packaging Products Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Plastic Packaging Market? Ans: The important key players in the Plastic PackagingMarket are – Amcor Ltd., Ampac Holdings LLC, Bemis Company, Inc, Huhtamaki Oyj, Mondi plc, Sealed Air Corporation, Ukrplastic Corporation, Wipak Group, Sonoco Products Company, Constantia Flexibles International GmbH., Sealed Air, Coveris, CCL Industries, Inc., Berry Plastic Corporation, NatureWorks LLC, CCC Packaging,, Reynolds Pens,, ALPLA,, Huhtamaki,, BALL CORPORATION,, Tetra Laval International S.A, DS Smith and PROLAMINA PACKAGING. 5. What is the study period of this market? Ans: The Plastic Packaging Market is studied from 2021 to 2029.
1. Global Plastic Packaging Market: Research Methodology 2. Global Plastic Packaging Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Global Plastic Packaging Market 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Plastic Packaging Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12 COVID-19 Impact 4. Global Plastic Packaging Market Segmentation 4.1 Global Plastic Packaging Market, by Product (2021-2029) • Rigid Packaging • Flexible Packaging 4.2 Global Plastic Packaging Market, by Application (2021-2029) • Food & Beverages • Industrial • Household Products • Personal Care • Medical • Others (Including Various Components in Automotive, etc.) 4.3 Global Plastic Packaging Market, by Material (2021-2029) • Polyethylene (PE) • Polyethylene terephthalate (PET) • Polypropylene (PP) • Polystyrene (PS) and Expanded polystyrene (EPS) • Polyvinyl chloride (PVC) • Other Rigid Plastic Packaging Materials 5. North America Plastic Packaging Market(2021-2029) 5.1 North America Plastic Packaging Market, by Product (2021-2029) • Rigid Packaging • Flexible Packaging 5.2 North America Plastic Packaging Market, by Application (2021-2029) • Food & Beverages • Industrial • Household Products • Personal Care • Medical • Others (Including Various Components in Automotive, etc.) 5.3 North America Plastic Packaging Market, by Material (2021-2029) • Polyethylene (PE) • Polyethylene terephthalate (PET) • Polypropylene (PP) • Polystyrene (PS) and Expanded polystyrene (EPS) • Polyvinyl chloride (PVC) • Other Rigid Plastic Packaging Materials 5.4 North America Plastic Packaging Market, by Country (2021-2029) • United States • Canada • Mexico 6. Europe Plastic Packaging Market (2021-2029) 6.1. European Plastic Packaging Market, by Product (2021-2029) 6.2. European Plastic Packaging Market, by Application (2021-2029) 6.3. European Plastic Packaging Market, by Material (2021-2029) 6.4. European Plastic Packaging Market, by Country (2021-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Plastic Packaging Market (2021-2029) 7.1. Asia Pacific Plastic Packaging Market, by Product (2021-2029) 7.2. Asia Pacific Plastic Packaging Market, by Application (2021-2029) 7.3. Asia Pacific Plastic Packaging Market, by Material (2021-2029) 7.4. Asia Pacific Plastic Packaging Market, by Country (2021-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Plastic Packaging Market (2021-2029) 8.1 Middle East and Africa Plastic Packaging Market, by Product (2021-2029) 8.2. Middle East and Africa Plastic Packaging Market, by Application (2021-2029) 8.3. Middle East and Africa Plastic Packaging Market, by Material (2021-2029) 8.4. Middle East and Africa Plastic Packaging Market, by Country (2021-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America Plastic Packaging Market (2021-2029) 9.1. South America Plastic Packaging Market, by Product (2021-2029) 9.2. South America Plastic Packaging Market, by Application (2021-2029) 9.3. South America Plastic Packaging Market, by Material (2021-2029) 9.4 South America Plastic Packaging Market, by Country (2021-2029) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1 PROLAMINA PACKAGING 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2 Amcor Ltd. 10.3 Ampac Holdings LLC 10.4 Bemis Company, Inc 10.5 Huhtamaki Oyj 10.6 Mondi plc 10.7 Sealed Air Corporation 10.8 Ukrplastic Corporation 10.9 Wipak Group 10.10 Sonoco Products Company 10.11 Constantia Flexibles International GmbH. 10.12 Sealed Air 10.13 Coveris 10.14 CCL Industries, Inc. 10.15 Berry Plastic Corporation 10.16 NatureWorks LLC 10.17 CCC Packaging, 10.18 Reynolds Pens, 10.19 ALPLA, 10.20 Huhtamaki,

About This Report

Report ID 31840
Category Packaging
Published Date Sept 2022
Updated Date