register free | resend password

Plastic Packaging Product Market Business Strategies, SWOT Analysis, and Top Manufacturers

Increasing demand for bioplastics and growing availability of plastic grades like polyethylene terephthalate (PET) & polyethylene (PE) for convenient & sustainable packaging solutions are expected to drive market growth over the next five years.

ID: 1553678
recent pressrelease next pressrelease

(businesspress24) - The global plastic packaging product market is expected to display higher growth rate over the next five years. Rapid surge in the plastic packaging product market is credited to soaring demand for convenient & sustainable packaging solutions. Rapid industrialization in BRICS economies such as Brazil, Russia, India, China and South Africa is expected to stimulate market growth of plastic packaging product market in the upcoming years. Additionally, increasing industrial activities, growing manufacturing output and strong economic growth in the Asia Pacific region are estimated to expand market reach of the plastic packaging products over the forecast period.

Increasing demand for bioplastics and growing availability of plastic grades like polyethylene terephthalate (PET) & polyethylene (PE) for convenient & sustainable packaging solutions are expected to drive market growth over the next five years. The recent technological advancement in the manufacturing sector coupled with development of advanced packaging solution are anticipated to boost market growth over the forecast period. Globally, the market is predicted to generate massive revenue over next five years, providing numerous opportunities for market players to invest for research and development in the plastic packaging product market.

In addition, growing manufacturing sector in South East Asian economies such as Singapore, South Korea, Taiwan and Malaysia is projected to escalate the growth of the market in the upcoming years. Plastic packaging products are largely utilized in various manufacturing and retail applications.

Increasing adoption of the plastic packaging materials is credited to their lightweight and cost efficient properties, thus rocketing the demand of plastic packaging products market, in the past few years. However, growing concerns related to environmental hazards with excessive use of plastic and complete ban on the use of the lightweight plastic materials in few countries are expected to restrain market growth to large extent.

The market is broadly categorized into four major segments based on the application type such as food & beverages sector, industrial packaging, retail sector and personal & household Care. The food & beverages segment is growing rapidly in the market with substantial revenue generation in the last few years. Growing popularity of plastic packaging product in the food & beverages segment is attributed to their ability to offer convenient & sustainable packaging solutions.

The market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in packaging sector, surge in number of research & development activities in the region and existence of well-established industrial infrastructure.

Asia-Pacific region is estimated to hold a major share in the plastic packaging product market with massive growth in forecast period. Countries such as India, China, South Korea, Taiwan, Malaysia and Singapore are leading the Asia-Pacific market with growing demand from various manufacturing industries, rapid industrialization, rising disposable income and significant investment by leading industry players considering potential growth opportunities in the region.

The key players in the plastic packaging product market are Amcor Ltd., Bemis Company, Inc., Berry Plastics Co., Mondi Group, Inc., Coveris Holdings S.A., Reynolds Group Holdings Ltd., Sealed Air Co., and Sonoco Products Corp.

More information:

Keywords (optional):

plastic-packaging-product-market, packaging, plastic-packaging-product, plastic-packaging-product-industry, packaging-market, packaging-industry,

Company information / Profile:

Million Insights, is a distributor of market research reports, published by premium publishers only. We have a comprehensive marketplace that will enable you to compare data points, before you make a purchase. Enabling informed buying is our motto and we strive hard to ensure that our clients get to browse through multiple samples, prior to an investment. Service flexibility & the fastest response time are two pillars, on which our business model is founded. Our market research report store includes in-depth reports, from across various industry verticals, such as healthcare, technology, chemicals, food & beverages, consumer goods, material science & automotive.

PressRelease by


"Million Insights

Felton Office Plaza 6265 Highway 9 Felton, California 95018, United States

Phone: +1-408-610-2300

Toll Free: +1-866-831-4085

Email: sales(at)"

PressContact / Agency:

published by: unnati_gade
print pressrelease  send to a friend  

Date: 11/06/2019 - 10:28
Language: English
News-ID 1553678
Character count: 3813
Firma: Million Insights
Ansprechpartner: Tom Clark Feedback to about Pressrelease-id:
Stadt: Felton
Telefon: 14086102300

Meldungsart: Financial
Versandart: send
Freigabedatum: 06.11.2019

Number of hits: 963


Direct Link to this PressRelease:

We would appreciate a link in your News-, Press- or Partner-Site.

Comments on this PressRelease

All members: 9 438
Register today: 0
Register yesterday: 0
Members online: 0
Guests online: 64

Don't have an account yet? You can create one. As registered user you have some advantages like theme manager, comments configuration and post comments with your name.