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Global Plastic Packaging Market to surpass us$ 480.97 billion by 2025

Plastics are organic compounds with high molecular weight, which consists of a wide range of synthetic organic compounds which can be molded into various shapes, due to malleability.

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Global Plastic Packaging Market to surpass us$ 480.97 billion by 2025

  1. 1. © Coherent market Insights. All Rights Reserved Global Plastic Packaging Market to surpass us$ 480.97 billion by 2025
  2. 2. © Coherent market Insights. All Rights Reserved REPORT DESCRIPTION • The Global Plastic Packaging Market was valued at US$ 300.86 billion in 2016, according to a new report published by Coherent Market Insights. Packaging is a process that involves protecting and enclosing of finished products for distribution, sale, storage and transport. The rigid packaging is gaining traction in the past five years due to the rise in demand from packaged food, which includes ready-to-eat meals, dried and frozen foods. The increasing demand for convenience food in Asia Pacific and Europe is expected to boost the market for plastic packaging during 2017-2025. Rigid packaging finds wide applications in the packaging industry, due to its high impact strength, barrier properties and stiffness which makes it ideal for the transportation of various products in the form of bottles, ampules, jars, aerosols container and cans.
  3. 3. © Coherent market Insights. All Rights Reserved Plastic Packaging market Taxonomy • Technological advancement coupled with development of new product is expected to be the key drivers for the market growth of global plastic packaging. Also, the growing demand for flexible packaging from processed and hot food industry is expected to boost the market for plastic packaging during the forecast period. The flexible packaging segment market in the global plastic packaging market is expected to expand at a CAGR of 4.7% in terms of volume. For instance--- • On January 19, 2017, UFLEX--- introduced Super Barrier Polyester Film, FLEXPETTM F-PGB- 12, a specially modified surface treatment which offers high barrier to oxygen. • On September 8, 2016, UFLEX---introduced new ESL ASEPTIC FLEXI-POUCH MACHINE for milk packaging, which sterilized and packed the milk and increases the self-life up to 90 days.
  4. 4. © Coherent market Insights. All Rights Reserved Market Segmentation • Asia-Pacific is projected to be the largest region in global plastic packaging market. It accounted for around 36.4% of overall plastic packaging market revenue in 2016. The market in this region is expected to be primarily driven by rampant growth of end-use industries in China, India, and ASEAN countries. The growing food & beverages industries, rising economy, growing per capita income of middle class people are some of the key drivers for the growth of plastic packaging market in the Asia-Pacific region. • The market in Latin America is expected to register a significant growth rate over the forecast period. Rise in discretionary income along with increasing ready to eat food are expected to create lucrative growth opportunities for the players in this region. Request a sample pdf Copy of report@
  5. 5. © Coherent market Insights. All Rights Reserved Key Strategies • Pharmaceuticals is one of the key industries for the use of plastic packaging. A strong drug export and import activity in Asia-Pacific and North America is expected to enhance the growth of plastic packaging in the forecast period. The pharmaceuticals applications such as sachets, blister pack, stick packs and strip packs are the key plastic packaging application in pharmaceuticals industry, which provides barrier to moisture, light, chemical, ease of opening and child resistance. . According to India Brand Equity Foundation (IBEF) is a Trust established by the Department of Commerce, Ministry of Commerce and Industry, Government of India---the Indian healthcare industry is projected to grow at a CAGR of 16.5% from 2008 to 2020. The market is expected to reach US$ 280 billion by 2020. • Amcor Ltd., Sealed Air Corporation, Bemis Company, Sonoco Products Company, Mondi Plc., Tray Pack Corporation, Lacerta Group Inc., Bemis Company Inc., Alwin Lehner GmbH & Co. Kg, RPC Group Plc are few of the key players in global plastic packaging market.
  6. 6. © Coherent market Insights. All Rights Reserved Coherent Market Insights is a global market intelligence and consulting organization focused on assisting its plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, with an office at the global financial capital in the U.S. Our client base includes players from across all business verticals in over 150 countries worldwide. We are uniquely positioned to help businesses around the globe deliver practical and lasting results through various recommendations about operational improvements, technologies, emerging market trends and new working methods. We offer both customized and syndicated market research reports that help our clients create visionary growth plans to provide traction to their business. We meticulously study emerging trends across various industries at both the global and regional levels to identify new opportunities for our clientele. ABOUT US ABOUT COHERENT MARKET INSIGHTS SERVICES INDUSTRY ANALYSIS CUSTOMIZED RESEARCH SYNDICATED RESEARCH CONSULT STUDIES MARKET INTELLIGENCE SERVICES COUNTRY SPECIFIC STUDIES
  7. 7. © Coherent market Insights. All Rights Reserved ABOUT COHERENT MARKET INSIGHTS Industries we cater SECTOR COVERAGE BIOTECHNOLOG Y CLINICAL DIAGNOSTIC HEALTHCARE IT PHARMACEUTIC AL MEDICAL IMAGING MEDICAL DEVICES Chemicals & Materials Healthcare Bulk Chemicals Advanced Materials Speciality and Fine Chemicals Polymers & Resins Cosmetic Ingredients Food Ingredients Green Chemicals
  8. 8. © Coherent market Insights. All Rights Reserved Coherent Market Insights excels at offering unmatched actionable market intelligence across various industry verticals, including chemicals, healthcare, and food & beverages, to name a few. We implement holistic market research methodology in order to result in the best possible market research reports across various industries worldwide. Based on our unmatched expertise across various industries—no matter how large or small, how complex or unique—we help our clients achieve better outcomes with uniquely designed and highly customized solutions. Our coverage includes insights that help our clients ensure sustained growth in developed markets and also key inputs to help them tap into emerging markets and exploit the plethora of opportunities posed therein. RESEARCH SOLUTIONS GLOBAL REPORTS FEASIBILITY STUDIES TECHNOLOGY SNIPPETS EXCEL FORECAST DATABASE COMPETITIVE ASSESSMENT SURVEY RESEARCH CUSTOMIZED SOLUTIONS CONSULT PROJECTS COUNTRY ANALYSIS KEY STATS Insights Published Per Year Consulting Projects Till Date Clients Worldwide Per Year Analysts and Contract Consultants 100+ 150+ 125+ 110+ ABOUT COHERENT MARKET INSIGHTS
  9. 9. © Coherent market Insights. All Rights Reserved THANK YOU To know more about us, visit our website: For sales queries or new topics email us on: For other queries contact: Mr. Shah (Manager - Business Development) Coherent Market Insights +1-206-701-6702