Global Plastic Packaging Market - 2022-2029

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,350	220 Pages	DataM Intelligence 4Market Research LLP	June, 2022	DTAM17210390

Best Price Guarantee
Price	from $4,350
Length	220 Pages
Publisher	DataM Intelligence 4Market Research LLP
Published Date	June, 2022
SKU	DTAM17210390

Global Plastic Packaging Market - 2022-2029

Market Overview

The global plastic packaging market reached US$ XX million in 2021 and is expected to reach US$ XX million by 2029, growing at a CAGR of XX% during the forecast period 2022-2029.

Containers made totally or partially of plastic are referred to as plastic packaging. Single-use or reusable/durable plastic cups, plastic bottles, plastic bags, foam food containers, Tupperware, plastic tubes, clamshells, cosmetic containers, intermediate bulk containers, and various corrugated plastic containers are common examples of plastic packaging. Plastic has mainly overtaken traditional materials such as wood, paperboard, and metal in the construction of containers due to its low cost, moldability/formability, durability, and lightweight.

Market Dynamics

The increased demand for flexible plastic packaging products and the rise in technological innovations are major market drivers for the global plastic packaging market. Nevertheless, growing environmental concerns and stringent regulations restrain the market’s growth.

Growing industrialization, and the need to monitor the energy

Industrialization is quickly gaining traction worldwide, driving up industrial power consumption. Manufacturing and process sectors are expanding rapidly in both developed and developing countries. The expansion of manufacturing and process sectors increases energy consumption, necessitating these industries' monitoring of power usage to ensure the safety of machines.

The respective factor puts a greater emphasis on making efficient energy management devices and safety devices. Governments throughout the world are working hard to lower energy costs. Many governments encourage the adoption of efficient energy management equipment to reduce energy use and costs. As product development and research grow, the requirement to manufacture devices is also experiencing a significant increase since plastic packaging plays an important role in managing energy, managing the safety of machines, and playing a crucial role in conserving energy without sacrificing the growing manufacture of products. As a result, the growing industrialization and manufacturing process across the globe and the increasing need for automation act as a major market drivers for the global plastic packaging market.

COVID-19 Impact Analysis

The pandemic caused a major downward divergence of various variables in the global plastic packaging market. The supply chain is the first and most significant pandemic influence on the market. The pandemic tainted the availability of raw materials and the sale of finished goods because of a major demand-supply mismatch caused by raw material unavailability and disruption of manufacturing activities. Further, due to the COVID-19 outbreak, lockdowns and institutional limitations substantially impeded the production processes required by the plastic packaging market.

The pandemic's major impact on the global plastic packaging sector may be explained further by interruptions and downturns observed in key end-user sectors such as food and beverages, the industrial sector, automotive, and chemicals and materials. Nonetheless, the observed increase in the usage of plastic packaging in different food, beverage, industrial, and commercial applications following the first three waves of the pandemic is expected to spur market growth during the forecast period. Growing technical improvement also benefits the specific market significantly.

Segment Analysis

The global plastic packaging market is classified based on standard, type, raw material, thickness, distribution channel, end-user, and region.

The flexible sector dominates the type segment

Any box or component of a package that may change shape depending on the materials contained within is considered flexible packaging. Flexible packaging is commonly seen in the form of bags and pouches. The packaging industry has been stirred in the direction of gaining unforeseen possibilities since the introduction of adaptable films. Since the introduction of adaptable films, the packaging industry has been agitated in the direction of gaining unexpected possibilities. The flexible packaging market is being driven by internet business with effective logistic activities as its backbone.

Consumer desire for convenient and appealing products, technological advancements, rising food and beverage consumption, and increased demand for plastic-based flexible packaging products are key drivers of market expansion. The growing inclination for aesthetically pleasing products is one of the primary causes of increasing demand in the flexible packaging market. Cosmetics, hygiene, and food products that are presented in an aesthetically pleasing manner are preferred by consumers. As a result, makers of food and other consumer packaged goods invest heavily in producing easy to open, use, and visually appealing packaging.

Geographical Analysis

Asia-Pacific is expected to dominate the plastic packaging market’s regional segment

The Asia-Pacific region controls the worldwide plastic packaging market. Due to its move from a production-based to a consumption-based economic structure, China will dominate the Asia-Pacific area plastic packaging market with a market share of more than 35% in 2020.

With an expanding number of supermarkets in the Asia-Pacific region, as well as technological breakthroughs and innovations in the plastic packaging industry, the market is growing exponentially in emerging economies such as China and India is booming.

Further, the low cost, ease of processing, formability, chemical resistance, lightweight, and other physical properties of plastic contribute to its extensive application of the market’s products in the region’s food packaging sector.

Competitive Landscape

The plastic packaging market is extremely active in terms of the number and scope of global and local producers. Because of the existence of numerous manufacturers such as Amcor plc, Reynolds Group, Berry Global Inc, RPC GROUP, ALPLA, PLASTIPAK, CONSTANTIA, Tetra Laval International, COVERIS, and ProAmpac, the market has been described as fragmented. Mergers, acquisitions, product launches, investments, and collaborations are common market strategies used by big market players to gain a competitive advantage and improve their reputation.

Amcor Plc

Overview: Amcor Plc is one of the global leaders involved in manufacturing packaging solutions utilized in food, beverages, personal care, and pharmaceuticals, among others. The company's product portfolio is mainly classified into three major segments, namely, flexibles, rigid packaging, and others. The company owns 225 production sites located in more than 40 countries. The company was founded in 1860 and is headquartered in Zürich, Switzerland.

In 2020, the company generated around US$ 12,900 million in sales. Flexibles is the major market segment of the company covering almost 78% of the total sales. Rigid packaging covers around 22% of the total market share. North America is the company's primary market, where 47% of its sales occur, followed by an emerging market with a 26% market share.

Product Portfolio:

300 ml HDPE Cylinder Bottle with 24-410 SP Neck Finish: The product is a multipurpose HDPE stock cylinder 300 ml container employed to store various home and personal care goods.

Key Development:

On December 01, 2021, Amcor PLC, a renowned plastic packaging company, opened a Greenfield packaging facility in Tuas, Singapore. The dedicated healthcare packaging factory is expected to meet present and future market needs since the demand for healthcare packaging in the region is steadily expanding.

Why Purchase the Report?

To visualize the global plastic packaging market segmentation based on type, raw material, thickness, distribution channel, end-user, and region, as well as understand key commercial assets and players.

Identify commercial opportunities in the global plastic packaging market by analyzing trends and co-development.

Excel data sheet with numerous plastic packaging market-level data points with four segments.

PDF report consisting of cogently put together market analysis after exhaustive qualitative interviews and in-depth market study.

Product mapping available as excel consists of key products of all the major market players

The global plastic packaging market report would provide approximately 78 tables, 79 figures and almost 220 pages.

Target Audience 2023

Manufacturers/ Buyers

Industry Investors/Investment Bankers

Research Professionals

Emerging Companies

1. Global Plastic Packaging Market - Methodology and Scope
1.1. Research Methodology
1.2. Research Objective and Scope of the Report
2. Global Plastic Packaging Market – Market Definition and Overview
3. Global Plastic Packaging Market – Executive Summary
3.1. Market Snippet by Type
3.2. Market Snippet by Raw Material
3.3. Market Snippet by Thickness
3.4. Market Snippet by Distribution Channel
3.5. Market Snippet by End-User
3.6. Market Snippet by Region
4. Global Plastic Packaging Market-Market Dynamics
4.1. Market Impacting Factors
4.1.1. Drivers
4.1.1.1. Increased demand for plastic flexible packaging products coupled with a rise in technological innovations
4.1.1.2. XX
4.1.2. Restraints
4.1.2.1. Growing environmental concerns and stringent regulations
4.1.2.2. XX
4.1.3. Opportunity
4.1.3.1. XX
4.1.4. Impact Analysis
5. Global Plastic Packaging Market – Industry Analysis
5.1. Porter's Five Forces Analysis
5.2. Supply Chain Analysis
5.3. Pricing Analysis
5.4. Regulatory Analysis
6. Global Plastic Packaging Market – COVID-19 Analysis
6.1. Analysis of COVID-19 on the Market
6.1.1. Before COVID-19 Market Scenario
6.1.2. Present COVID-19 Market Scenario
6.1.3. After COVID-19 or Future Scenario
6.2. Pricing Dynamics Amid COVID-19
6.3. Demand-Supply Spectrum
6.4. Government Initiatives Related to the Market During Pandemic
6.5. Manufacturers Strategic Initiatives
6.6. Conclusion
7. Global Plastic Packaging Market – By Type
7.1. Introduction
7.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
7.1.2. Market Attractiveness Index, By Type
7.2. Flexible*
7.2.1. Introduction
7.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
7.3. Rigid
8. Global Plastic Packaging Market – By Raw Material
8.1. Introduction
8.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Raw Material
8.1.2. Market Attractiveness Index, By Raw Material
8.2. Bioplastics*
8.2.1. Introduction
8.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
8.3. Conventional
9. Global Plastic Packaging Market – By Thickness
9.1. Introduction
9.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Thickness Mode
9.1.2. Market Attractiveness Index, By Thickness
9.2. <30 microns*
9.2.1. Introduction
9.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
9.3. 30-50 microns
9.4. 50-100 microns
9.5. >100 microns
10. Global Plastic Packaging Market – By Distribution Channel
10.1. Introduction
10.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
10.1.2. Market Attractiveness Index, By Distribution Channel
10.2. B2B*
10.2.1. Introduction
10.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
10.3. B2C
11. Global Plastic Packaging Market – By End-User
11.1. Introduction
11.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
11.1.2. Market Attractiveness Index, By End-User
11.2. Food & Beverages*
11.2.1. Introduction
11.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
11.3. Pharmaceutical
11.4. Industrial
11.5. Automotive
11.6. Cosmetic & Personal Care
11.7. Consumer Electronics
11.8. Chemicals & Materials
11.9. Others
12. Global Plastic Packaging Market – By Region
12.1. Introduction
12.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Region
12.1.2. Market Attractiveness Index, By Region
12.2. North America
12.2.1. Introduction
12.2.2. Key Region-Specific Dynamics
12.2.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
12.2.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Raw Material
12.2.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Thickness
12.2.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
12.2.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
12.2.8. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
12.2.8.1. U.S.
12.2.8.2. Canada
12.2.8.3. Mexico
12.3. Europe
12.3.1. Introduction
12.3.2. Key Region-Specific Dynamics
12.3.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
12.3.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Raw Material
12.3.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Thickness
12.3.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
12.3.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
12.3.8. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
12.3.8.1. Germany
12.3.8.2. UK
12.3.8.3. France
12.3.8.4. Italy
12.3.8.5. Russia
12.3.8.6. Rest of Europe
12.4. South America
12.4.1. Introduction
12.4.2. Key Region-Specific Dynamics
12.4.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
12.4.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Raw Material
12.4.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Raw Material
12.4.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Thickness
12.4.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
12.4.8. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
12.4.9. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
12.4.9.1. Brazil
12.4.9.2. Argentina
12.4.9.3. Rest of South America
12.5. Asia-Pacific
12.5.1. Introduction
12.5.2. Key Region-Specific Dynamics
12.5.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
12.5.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Raw Material
12.5.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Raw Material
12.5.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Thickness
12.5.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
12.5.8. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
12.5.9. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
12.5.9.1. China
12.5.9.2. India
12.5.9.3. Japan
12.5.9.4. Australia
12.5.9.5. Rest of Asia-Pacific
12.6. Middle East and Africa
12.6.1. Introduction
12.6.2. Key Region-Specific Dynamics
12.6.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
12.6.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Raw Material
12.6.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Thickness
12.6.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
12.6.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
13. Global Plastic Packaging Market – Competitive Landscape
13.1. Competitive Scenario
13.2. Market Positioning/Share Analysis
13.3. Mergers and Acquisitions Analysis
14. Global Plastic Packaging Market- Company Profiles
14.1. Amcor plc*
14.1.1. Company Overview
14.1.2. Product Portfolio and Description
14.1.3. Key Highlights
14.1.4. Financial Overview
14.2. Reynolds Group
14.3. Berry Global Inc
14.4. RPC GROUP
14.5. ALPLA
14.6. PLASTIPAK
14.7. CONSTANTIA
14.8. Tetra Laval International
14.9. COVERIS
14.10. ProAmpac
LIST NOT EXHAUSTIVE
15. Global Plastic Packaging Market – Premium Insights
16. Global Plastic Packaging Market – DataM
16.1. Appendix
16.2. About Us and Services
16.3. Contact Us