Global Plastic Packaging Market Potential Growth, Share, Demand and Analysis of Top Key Players (Amcor Limited, Novolex – Carlyle Group, Bischof + Klein SE & Co. Kg, RPC BPI Group, Proampac, Britton Group Limited)- Research Forecasts
Market Definition:
Plastics 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.
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 upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
This report contains:
- No of Pages: 350
- No of Tables: 220
- No of Figures: 60
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Market Competitors:
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 among others.
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Market Segmentation:
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,
- 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.
Major market drivers and restraints:
· 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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