Confectionery Packaging Market Revenue, Future Scope, Trends, Key Players and Forecast to 2022
Global Plastic Packaging Market Size, Information by Type (Rigid packaging and Flexible packaging) by Application (Food & beverages, Industrial, Healthcare, Personal care, and others) and by Region - Forecast to 2022
(firmenpresse) - Plastic Packaging Market Synopsis
The newest report by Market Research Future (MRFR) asserts that the global plastic packaging market 2020 is slated to obtain a considerable market valuation of USD 400 billion at a moderate 5% CAGR over the review period.
On the other hand, the inconsistent price of the raw material, such as petroleum and crude oil, can impede the growth during the review period.
Regional Overview
The geographical overview global plastic packaging market has been conducted in four major regions, namely the Asia Pacific, Europe, North America, and the rest of the world (including Latin America and the Middle East and Africa).
APAC leads the global plastic packaging market with its fast-growing market worldwide. Over 35% of overall volume consumption in 2015 was valued for the APAC region. The region is likely to show some rapid expansion in healthcare and food & beverage industries along with augmented investment in the same. This would result in a growing share of APAC in the global plastic packaging market by 2022.
Competitive Landscape
The top market players identified by MRFR in the global market are Amcor Ltd, Crown Holdings Inc., BASF SE, Saint-Gobain, Huhtamaki Oyj, Bemis Company Inc., Mondi Group, Sealed Air Corporation, Constantia Flexibles International GmbH, Sonoco Products Company, Ampac Holdings LLC and Wipak Group.
Market Segmentation
The global market for plastic packaging is segmented on the basis of type and application. The type segment consists of products including rigid packaging and flexible packaging.
Rigid packaging is expected to generate the largest share of the revenue. End-users favor rigid packaging the most. The rise of rigid plastic market into the beverage sector is based on the expectancy of it being of hygienic, high quality, and healthy. The retail industry is also expected to boost the growth of this segment during the forecast period.
Application-wise segmentation comprises food & beverages, healthcare, industrial, personal care and others. Among these, the food & beverage sector has recorded the highest percentage of the global revenue in 2015 and anticipated to surge further over the review period. With rapid development, the demand for packaged food is also growing. This alteration in consumer habits has spurred growth in the global market. Rapid growth in the pharmaceutical industry can support the growth rate of healthcare plastic segment in the near future.
Get Full Report (at) https://www.marketresearchfuture.com/reports/plastic-packaging-market
About Market Research Future
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Unternehmensinformation / Kurzprofil:
Datum: 29.04.2020 - 08:34 Uhr
Sprache: Deutsch
News-ID 611437
Anzahl Zeichen: 3296
contact information:
Contact person: sagar
Town:
pune
Phone: 09876543207
Kategorie:
Packaging and Processing
Typ of Press Release: Product
type of sending: send
Date of sending: 29/04/2020
Diese Pressemitteilung wurde bisher 274 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Confectionery Packaging Market Revenue, Future Scope, Trends, Key Players and Forecast to 2022"
steht unter der journalistisch-redaktionellen Verantwortung von
MRFR (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
