Pune, India -- (SBWire) -- 08/29/2018 --Plastic packaging market is changing sides and it is affecting all the players and brands involved in the market which in turn is changing the face of Chemical and Materials industry.
The report comprises of all the information needed to Excel in the plastic packaging market. The report is a comprehensive study on how the conditions will be in the forecast period of 2017-2024. The report explains what market definition, classifications, applications and key trends are as well as teaches how the market is changing in and how will the change affect in terms of sales, import, export and revenue.
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Global Plastic Packaging Market Product (Rigid Packaging, Flexible Packaging), Application (Food & Beverages, Industrial, Household Products, Personal Care, Medical), End-User (Food Industry, Commercial, and Residential, Hospitals & Clinics), Geography – Industry Trends and Forecast to 2024
Top Key Players:
- 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.
Latest market report published by Data Bridge Market Research, titled "Global Market Study on Plastic Packaging Market". Market is 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.
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Global plastic packaging market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and 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.
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.
Overview:
- 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.
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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SWOT Analysis of Plastic Packaging Market Trends, Competitive Strategies, Business Plan, in-Depth Segmentation, and Regional Outlook, Industry Growth Forecast to 2024
This report aims to examine the developments of Plastic Packaging Market including its market improvement, development, position and others which are done by the key players and brands. This report also contains all the market drivers and restrains which are derived SWOT analyses.