Global Plastic Packaging Product Market Size, Trends and Growth Opportunity, By Type (Rigid, and Flexible), By Product (Cans, Bottles, Wraps & Films, Bags, Pouches, and Others), By Application (Personal & Household Care, Pharmaceuticals, Industrial Packaging, Food & Beverages, and Others), By Region and Forecast Till 2027.
Report ID : IR1001167 | Industries : Chemicals & Materials | Published On :May 2024 | Page Count : 159
Global Plastic Packaging Product Market Size, Trends and Growth Opportunity, By Type (Rigid, and Flexible), By Product (Cans, Bottles, Wraps & Films, Bags, Pouches, and Others), By Application (Personal & Household Care, Pharmaceuticals, Industrial Packaging, Food & Beverages, and Others), By Region and Forecast Till 2027.
Global Plastic Packaging Product Market
Market Overview
Global Plastic Packaging Product Market was valued at USD 361.91 billion in 2021 which is expected to reach USD 424.27 billion by 2027 at a CAGR 2.68%.
Food, oil, beverages, and other items are packaged with plastic materials. Due to its performance, affordability, and durability, plastic is favoured for packaging. Flexible and stiff plastic packaging materials are the two primary categories. The personal and household care, pharmaceutical, industrial packaging, food and beverage, and other industries all utilize these goods extensively.
Market Drivers
The expansion of the packaged food and beverage industry as a result of changing lifestyles and greater penetration of organized retail is anticipated to fuel market growth for plastic packaging products worldwide. Moreover, worldwide package recycling rates are improving, which is anticipated to fuel the expansion of the plastic packaging product market. Also, the market for plastic packaging products would benefit from the rise in demand for convenient packaging. Additionally, preference for high-end bottled water and foreign brands is anticipated to fuel market expansion for plastic packaging products worldwide.
Market Restraints
The expansion of the worldwide plastic packaging product market is anticipated to be hampered by strict rules and regulations and a ban on plastic.
Market Segmentation
The global plastic packaging product market is segmented into type such as rigid, and flexible. By product such as cans, bottles, wraps & films, bags, pouches, and others. Further, global plastic packaging product market is segmented into application such as personal & household care, pharmaceuticals, industrial packaging, food & beverages, and others.
Regional Analysis
The global plastic packaging product market is segmented into five regions such as North America, Latin America, Europe, Asia pacific, and Middle East & Africa. In terms of both demand and production, China led the market in the Asia-Pacific region. It is projected that a major factor in the industry's rise will be the nation's high population, which supports the growth of the food and beverage, automobile, personal care, construction, and consumer electronics industries.
Market Key Players
Various key players are discussed in this report such as Wipak Group, Ampac Holdings LLC, Constantia Flexibles International GmbH, Sonoco Products Company, Sealed Air Corporation, Mondi Group, Bemis Company Inc., Huhtamaki Oyj, Crown Holdings Inc., Saint-Gobain,, BASF SE, and Amcor Ltd.
Market Taxonomy
By Type
• Rigid
• Flexible
By Product
• Cans
• Bottles
• Wraps & Films
• Bags
• Pouches
• Others
By Application
• Personal & Household Care
• Pharmaceuticals
• Industrial Packaging
• Food & Beverages
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Global Plastic Packaging Product Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Plastic Packaging Product Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Plastic Packaging Product Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Plastic Packaging Product Market Share Analysis, By Type
5.3 Global Plastic Packaging Product Market Size and Forecast, By Type
5.3.1 Rigid
5.3.2 Flexible
6 Global Plastic Packaging Product Market, By Product
6.1 Y-o-Y Growth Comparison, By Product
6.2 Global Plastic Packaging Product Market Share Analysis, By Product
6.3 Global Plastic Packaging Product Market Size and Forecast, By Product
6.3.1 Cans
6.3.2 Bottles
6.3.3 Wraps & Films
6.3.4 Bags
6.3.5 Pouches
6.3.6 Others
7 Global Plastic Packaging Product Market, By Application
7.1 Y-o-Y Growth Comparison, By Application
7.2 Global Plastic Packaging Product Market Share Analysis, By Application
7.3 Global Plastic Packaging Product Market Size and Forecast, By Application
7.3.1 Personal & Household Care
7.3.2 Pharmaceuticals
7.3.3 Industrial Packaging
7.3.4 Food & Beverages
7.3.5 Others
8 Global Plastic Packaging Product Market, By Region
8.1 Global Plastic Packaging Product Market Share Analysis, By Region
8.2 Global Plastic Packaging Product Market Share Analysis, By Region
8.3 Global Plastic Packaging Product Market Size and Forecast, By Region
9 North America Plastic Packaging Product Market Analysis and Forecast (2022 – 2027)
9.1 Introduction
9.2 North America Plastic Packaging Product Market Share Analysis, By Type
9.3 North America Plastic Packaging Product Market Size and Forecast, By Product
9.4 North America Plastic Packaging Product Market Size and Forecast, By Application
9.5 North America Plastic Packaging Product Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Plastic Packaging Product Market Analysis and Forecast (2022 – 2027)
10.1 Introduction
10.2 Europe Plastic Packaging Product Market Share Analysis, By Type
10.3 Europe Plastic Packaging Product Market Size and Forecast, By Product
10.4 Europe Plastic Packaging Product Market Size and Forecast, By Application
10.5 Europe Plastic Packaging Product Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11 Asia Pacific Plastic Packaging Product Market Analysis and Forecast (2022 – 2027)
11.1 Introduction
11.2 Asia Pacific Plastic Packaging Product Market Share Analysis, By Type
11.3 Asia Pacific Plastic Packaging Product Market Size and Forecast, By Product
11.4 Asia Pacific Plastic Packaging Product Market Size and Forecast, By Application
11.5 Asia Pacific Plastic Packaging Product Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12 Latin America Plastic Packaging Product Market Analysis and Forecast (2022 – 2027)
12.1 Introduction
12.2 Latin America Plastic Packaging Product Market Share Analysis, By Type
12.3 Latin America Plastic Packaging Product Market Size and Forecast, By Product
12.4 Latin America Plastic Packaging Product Market Size and Forecast, By Application
12.5 Latin America Plastic Packaging Product Market Size and Forecast, Country
13 Middle East Plastic Packaging Product Market Analysis and Forecast (2022 – 2027)
13.1 Introduction
13.2 Middle East Plastic Packaging Product Market Share Analysis, By Type
13.3 Middle East Plastic Packaging Product Market Size and Forecast, By Product
13.4 Middle East Plastic Packaging Product Market Size and Forecast, By Application
13.5 Middle East Plastic Packaging Product Market Size and Forecast, By Country
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Wipak Group
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Ampac Holdings LLC
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Constantia Flexibles International GmbH
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Sonoco Products Company
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Sealed Air Corporation
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Mondi Group
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Bemis Company Inc
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Huhtamaki Oyj
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Crown Holdings Inc
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Saint-Gobain
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
Others
15.11 BASF SE
15.12 Amcor Ltd