The global plastic packaging market is expected to grow from USD 345.91 billion in 2019 to USD 461.27 billion by 2027, at a CAGR of 4% during the forecast period 2020-2027.
Plastic packaging helps us in a number of ways to transport, secure, maintain, and safely store the goods. Its durable, air-tight, flexible, hygienic, reusable, lightweight and highly versatile. There are several types of plastics used for packaging such as polyethylene terephthalate, high-density polyethylene, polyvinyl chloride, polystyrene, polypropylene etc. Consumers have shown a growing tendency towards plastic packaging because of its ease of use and lightweight characteristics. Similarly, producers are also using plastic packaging solutions due to cost-effectiveness reasons.
This study delivers a comprehensive analysis of types, products, applications and regions. The research includes growth drivers as well as challenges prevalent in the global plastic packaging market along with the impact they will have on the overall demand during the forecasted period. Additionally, the study also includes various opportunities & threats that are present in the plastic packaging market. The type segment includes rigid plastics packaging and flexible plastics packaging segments. The rigid packaging segment accounted for the majority market share in the year 2016. This segment is anticipated to continue to lead the market due to the growing demand for goods being wrapped in plastic covers. It is also anticipated that during the projected timespan, the flexible packaging category will increase in value, as more industries will become involved in using goods that specifically need this type of plastic packaging.
The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. With rapid industrialisation, rising population, growing consumer spending, and increasing purchasing power & disposable income, the Asia-Pacific region stands as a promising market for plastic packaging. It is expected to grow at the highest CAGR during the forecast period. It is also projected to be the largest market globally. The APAC region is followed closely by North America in 2nd place and Europe in 3rd place.
Some of the notable players in the plastic packaging market are Bemis Company Inc., Mondi, Amcor Limited, DS Smith, Berry Plastics Corporation, Zhuhai Zhongfu Enterprise Co. Limited, and Huhtamaki, among others. The key players are now concentrating on implementing strategies such as adopting new technology, product innovations, mergers & acquisitions, joint venture, alliances, and partnerships to improve their market position in the global plastic packaging industry.
For instance, Sealed Air stated in October 2018 that its creative packaging solutions would be 100 per cent recyclable & reusable by 2025. The organisation must work with other parties to ensure the latest project is undertaken.
This study predicts revenue growth at global, national, and country levels from 2020 to 2027. Fior Markets has segmented the market based on below-mentioned segments:
Global Plastic Packaging Market Analysis And Forecast, By Type
Global Plastic Packaging Market Analysis And Forecast, By Product
Global Plastic Packaging Market Analysis And Forecast, By Application
Global Plastic Packaging Market Analysis And Forecast, By Regional Analysis
Report Description:
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Type
4.3.2. Market Attractiveness Analysis By Product
4.3.3. Market Attractiveness Analysis By Application
4.3.4. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.3. Restrains
5.4. Opportunities
5.5. Challenges
6. Global Plastic Packaging Market Analysis and Forecast, By Type
6.1. Segment Overview
6.2. Rigid
6.3. Flexible
7. Global Plastic Packaging Market Analysis and Forecast, By Product
7.1. Segment Overview
7.2. Bags
7.3. Cans
7.4. Bottles
7.5. Pouches
7.6. Wraps & Films
7.7. Others
8. Global Plastic Packaging Market Analysis and Forecast, By Application
8.1. Segment Overview
8.2. Pharmaceuticals
8.3. Personal & Household Care
8.4. Industrial Packaging
8.5. Food & Beverages
8.6. Others
9. Global Plastic Packaging Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.5. South America
9.5.1. Brazil
9.6. Middle East and Africa
9.6.1. UAE
9.6.2. South Africa
10. Global Plastic Packaging Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in Global Plastic Packaging Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Product Launches and Developments
10.3.2. Partnerships, Collaborations, and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. Bemis Company Inc.
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Product Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. Mondi
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Product Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. Amcor Limited
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Product Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. DS Smith
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Product Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. Berry Plastics Corporation
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Product Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. Zhuhai Zhongfu Enterprise Co. Limited
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Product Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. Huhtamaki
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Product Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
List of Table
1. Global Plastic Packaging Market, By Type, 2017–2027 (USD Billion)(Kilotons)
2. Global Rigid Plastic Packaging Market, By Region, 2017–2027 (USD Billion)(Kilotons)
3. Global Flexible Plastic Packaging Market, By Region, 2017–2027 (USD Billion)(Kilotons)
4. Global Plastic Packaging Market, By Product, 2017–2027 (USD Billion)(Kilotons)
5. Global Bags, Plastic Packaging Market, By Region, 2017–2027 (USD Billion)(Kilotons)
6. Global Cans, Plastic Packaging Market, By Region, 2017–2027 (USD Billion)(Kilotons)
7. Global Bottles, Plastic Packaging Market, By Region, 2017–2027 (USD Billion)(Kilotons)
8. Global Pouches, Plastic Packaging Market, By Region, 2017–2027 (USD Billion)(Kilotons)
9. Global Wraps & Films, Plastic Packaging Market, By Region, 2017–2027 (USD Billion)(Kilotons)
10. Global Others, Plastic Packaging Market, By Region, 2017–2027 (USD Billion)(Kilotons)
11. Global Plastic Packaging Market, By Application, 2017–2027 (USD Billion)(Kilotons)
12. Global Pharmaceuticals Plastic Packaging Market, By Region, 2017–2027 (USD Billion)(Kilotons)
13. Global Personal & Household Care Plastic Packaging Market, By Region, 2017–2027 (USD Billion)(Kilotons)
14. Global Industrial Packaging Plastic Packaging Market, By Region, 2017–2027 (USD Billion)(Kilotons)
15. Global Food & Beverages Plastic Packaging Market, By Region, 2017–2027 (USD Billion)(Kilotons)
16. Global Others Plastic Packaging Market, By Region, 2017–2027 (USD Billion)(Kilotons)
17. Global Plastic Packaging Market, By Region, 2017–2027 (USD Billion)(Kilotons)
18. Global Plastic Packaging Market, By North America, 2017–2027 (USD Billion)(Kilotons)
19. North America Plastic Packaging Market, By Type, 2017–2027 (USD Billion)(Kilotons)
20. North America Plastic Packaging Market, By Product, 2017–2027 (USD Billion)(Kilotons)
21. North America Plastic Packaging Market, By Application, 2017–2027 (USD Billion)(Kilotons)
22. U.S. Plastic Packaging Market, By Type, 2017–2027 (USD Billion)(Kilotons)
23. U.S. Plastic Packaging Market, By Product, 2017–2027 (USD Billion)(Kilotons)
24. U.S. Plastic Packaging Market, By Application, 2017–2027 (USD Billion)(Kilotons)
25. Canada Plastic Packaging Market, By Type, 2017–2027 (USD Billion)(Kilotons)
26. Canada Plastic Packaging Market, By Product, 2017–2027 (USD Billion)(Kilotons)
27. Canada Plastic Packaging Market, By Application, 2017–2027 (USD Billion)(Kilotons)
28. Mexico Plastic Packaging Market, By Type, 2017–2027 (USD Billion)(Kilotons)
29. Mexico Plastic Packaging Market, By Product, 2017–2027 (USD Billion)(Kilotons)
30. Mexico Plastic Packaging Market, By Application, 2017–2027 (USD Billion)(Kilotons)
31. Europe Plastic Packaging Market, By Type, 2017–2027 (USD Billion)(Kilotons)
32. Europe Plastic Packaging Market, By Product, 2017–2027 (USD Billion)(Kilotons)
33. Europe Plastic Packaging Market, By Application, 2017–2027 (USD Billion)(Kilotons)
34. Germany Plastic Packaging Market, By Type, 2017–2027 (USD Billion)(Kilotons)
35. Germany Plastic Packaging Market, By Product, 2017–2027 (USD Billion)(Kilotons)
36. Germany Plastic Packaging Market, By Application, 2017–2027 (USD Billion)(Kilotons)
37. France Plastic Packaging Market, By Type, 2017–2027 (USD Billion)(Kilotons)
38. France Plastic Packaging Market, By Product, 2017–2027 (USD Billion)(Kilotons)
39. France Plastic Packaging Market, By Application, 2017–2027 (USD Billion)(Kilotons)
40. U.K. Plastic Packaging Market, By Type, 2017–2027 (USD Billion)(Kilotons)
41. U.K. Plastic Packaging Market, By Product, 2017–2027 (USD Billion)(Kilotons)
42. U.K. Plastic Packaging Market, By Application, 2017–2027 (USD Billion)(Kilotons)
43. Italy Plastic Packaging Market, By Type, 2017–2027 (USD Billion)(Kilotons)
44. Italy Plastic Packaging Market, By Product, 2017–2027 (USD Billion)(Kilotons)
45. Italy Plastic Packaging Market, By Application, 2016–2026(USD Million)(Units)
46. Spain Plastic Packaging Market, By Type, 2017–2027 (USD Billion)(Kilotons)
47. Spain Plastic Packaging Market, By Product, 2017–2027 (USD Billion)(Kilotons)
48. Spain Plastic Packaging Market, By Application, 2017–2027 (USD Billion)(Kilotons)
49. Asia Pacific Plastic Packaging Market, By Type, 2017–2027 (USD Billion)(Kilotons)
50. Asia Pacific Plastic Packaging Market, By Product, 2017–2027 (USD Billion)(Kilotons)
51. Asia Pacific Plastic Packaging Market, By Application, 2017–2027 (USD Billion)(Kilotons)
52. Japan Plastic Packaging Market, By Type, 2017–2027 (USD Billion)(Kilotons)
53. Japan Plastic Packaging Market, By Product, 2017–2027 (USD Billion)(Kilotons)
54. Japan Plastic Packaging Market, By Application, 2017–2027 (USD Billion)(Kilotons)
55. China Plastic Packaging Market, By Type, 2017–2027 (USD Billion)(Kilotons)
56. China Plastic Packaging Market, By Product, 2017–2027 (USD Billion)(Kilotons)
57. China Plastic Packaging Market, By Application, 2017–2027 (USD Billion)(Kilotons)
58. India Plastic Packaging Market, By Type, 2017–2027 (USD Billion)(Kilotons)
59. India Plastic Packaging Market, By Product, 2017–2027 (USD Billion)(Kilotons)
60. India Plastic Packaging Market, By Application, 2017–2027 (USD Billion)(Kilotons)
61. South America Plastic Packaging Market, By Type, 2017–2027 (USD Billion)(Kilotons)
62. South America Plastic Packaging Market, By Product, 2017–2027 (USD Billion)(Kilotons)
63. South America Plastic Packaging Market, By Application, 2017–2027 (USD Billion)(Kilotons)
64. Brazil Plastic Packaging Market, By Type, 2017–2027 (USD Billion)(Kilotons)
65. Brazil Plastic Packaging Market, By Product, 2017–2027 (USD Billion)(Kilotons)
66. Brazil Plastic Packaging Market, By Application, 2017–2027 (USD Billion)(Kilotons)
67. Middle East and Africa Plastic Packaging Market, By Type, 2017–2027 (USD Billion)(Kilotons)
68. Middle East and Africa Plastic Packaging Market, By Product, 2017–2027 (USD Billion)(Kilotons)
69. Middle East and Africa Plastic Packaging Market, By Application, 2017–2027 (USD Billion)(Kilotons)
70. UAE Plastic Packaging Market, By Type, 2017–2027 (USD Billion)(Kilotons)
71. UAE Plastic Packaging Market, By Product, 2017–2027 (USD Billion)(Kilotons)
72. UAE Plastic Packaging Market, By Application, 2017–2027 (USD Billion)(Kilotons)
73. South Africa Plastic Packaging Market, By Type, 2017–2027 (USD Billion)(Kilotons)
74. South Africa Plastic Packaging Market, By Product, 2017–2027 (USD Billion)(Kilotons)
75. South Africa Plastic Packaging Market, By Application, 2017–2027 (USD Billion)(Kilotons)
List of Figures
1. Global Plastic Packaging Market Segmentation
2. Plastic Packaging Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Plastic Packaging Market Attractiveness Analysis By Type
9. Global Plastic Packaging Market Attractiveness Analysis By Product
10. Global Plastic Packaging Market Attractiveness Analysis By Application
11. Global Plastic Packaging Market Attractiveness Analysis By Region
12. Global Plastic Packaging Market: Dynamics
13. Global Plastic Packaging Market Share By Type (2019 & 2027)
14. Global Plastic Packaging Market Share By Product (2019 & 2027)
15. Global Plastic Packaging Market Share By Application (2019 & 2027)
16. Global Plastic Packaging Market Share by Regions (2019 & 2027)
17. Global Plastic Packaging Market Share by Company (2019)
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