Albany, NY -- (SBWire) -- 02/20/2019 --HDPE packaging is used in industries such as food, beverage, pharmaceuticals, and consumer goods. Its properties of stiffness, moldability, and chemical resistance make it suitable for use in making various types of packaging including bottles, containers, cartons, bags, and others. Almost 70% of HDPE produced is used in packaging, both flexible and rigid. Its inert nature and ability to preserve products for long periods of time make it a popular choice in the food and beverage sector. The material also allows for easy printing, which is an important criterion for product promotion.
The major properties ofHDPEpackaging include stiffness, moldability, and chemical resistance, which make its suitable for use in various types ofpackagingincluding bottles, containers, cartons, bags, and others. HDPEpackaging productsare more attractive as they offer more printing options over substitutes, such as polyethylene terephthalate (PET).HDPEpackaging is available in different colors and helps in product differentiation. The colors of the packaging products increase the aesthetic value of the products and attract the attention of the consumer resulting in more sales ofHDPE bottles.
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APAC is expected to be the fastest-growing region in the HDPE packaging market and is likely to register a growth rate of 5% during the forecast period. China dominates the HDPE packaging market in APAC because of the large scale manufacturing activity in the country. Growth in the packaging market in countries such as Singapore, Vietnam, Malaysia, and Indonesia will boost the demand for HDPE packaging in APAC in the coming years.
This report focuses on the global HDPE Packaging status, future forecast, growth opportunity, key market and key players. The study objectives are to present the HDPE Packaging development in United States, Europe and China.
The key players covered in this study
- Amcor
- Bemis
- Berry Plastics
- Sealed Air
- Sonoco
...
Market segment by Type, the product can be split into
- Bottles
- Containers
- Cartons
- Bags
- Others
Market segment by Application, split into
- Beverage Industry
- Consumer Goods Industry
- Food Industry
- Pharmaceutical Industry
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The study objectives of this report are:
- To analyze global HDPE Packaging status, future forecast, growth opportunity, key market and key players.
- To present the HDPE Packaging development in United States, Europe and China.
- To strategically profile the key players and comprehensively analyze their development plan and strategies.
- To define, describe and forecast the market by product type, market and key regions.
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Global HDPE Packaging Market 2019-2025 : APAC to Lead the Market with CAGR of 5% During Forecast