Packaging News

Plastic Packaging Market Size, Share, Growth and Forecast 2019-2026

Pressemeddelelse   •   Jan 07, 2020 20:09 CET

The global plastic packaging market size was valued at USD 322.40 billion in 2018 and is expected to reach USD 453.24 billion in 2026, growing at a CAGR of 5.7% between 2019 and 2026. In terms of volume, global plastic packaging market stood at approximately 9,623.11 kilotons in 2018.

Plastic packaging is used to pack various products as it is one of the most convenient materials for packaging. It has the ability to get molded easily. Moreover, it is easily available at a lower cost in the market. Thus, it has great demand in the packaging industry across the globe.

The global plastic packaging market is largely driven by the growing food and beverages industry especially in developing countries such as China, India, Brazil, and South Africa. Growing disposable income due to the escalating industrialization and globalization around the world has led to the drastic change in the lifestyle of the people, especially in the developing countries. This factor helps to increase the demand for personal care products, which in turn grows the demand for the plastic packaging market. However, the imposition of stringent rules and regulations on usage of plastic may hamper the market growth. Nonetheless, growing exposure to the untapped markets especially in developing regions may explore the new opportunities of the market in the near future.

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Rigid and flexible packaging’s are the two major types of the global plastic packaging market. Flexible plastic packaging led the global plastic packaging market in 2017. It accounted for more than 65% share of the total market value in 2017 and it is also expected to exhibit its dominance over the market during the years to come. Rigid plastic packaging segment is also expected to grow at a moderate pace over the forthcoming years owing to the increase in the packaging in medical and automotive industries across the globe.

Based on applications, the global plastic packaging market is categorized into industrial, food & beverages, automotive, medical, personal care, and other applications. Food and beverages lead the application segment of the global plastic packaging market in 2017. It accounted for more than 30% share of the total consumption of the market in 2017. Moreover, the food and beverages segment is expected to be the fastest growing segment of the market over the coming years owing to the growth of the food industry including the dairy industry around the world. Growing consumption of dairy products is likely to propel the demand for flexible as well as rigid plastic packaging in the next few years.

The Asia Pacific dominated the market of plastic packaging over the past few decades. Moreover, Asia Pacific is likely to witness the highest growth rate in the forthcoming years. China is the largest producer of plastic as well as the biggest consumer of the plastic packaging industry. Increasing dairy industry along with the food and beverages industry in China, India, Thailand, and Indonesia is projected to boost the market in the years to come. In addition, expanding automobile industry along with changing trends in the automotive industry is likely to gain traction in the market of plastic packaging in the region within the forecast period.

North America was the second largest market for plastic packaging in 2017. The U.S. is the most attractive market in the region. North America is predicted to experience moderate growth over the upcoming years. This growth is attributed to the surging food and beverages industry in the region. However, stringent regulation on the use of plastics in the region may impede the growth in the province. Nonetheless, growing demand for bioplastics is likely to provide new opportunities in the forthcoming years.

Europe is likely to cater moderate growth for plastic packaging market in the years to come owing to the imposition on the usage of plastics in the region. Nevertheless, growing penetration of recycling plastic waste will help in the proper usage of plastics in the region. Rising demand for bioplastics will likely impel the growth of flexible plastic packaging in the region in the upcoming years. Moreover, Western European countries including Germany, the UK, France, etc. are expected to witness significant growth in the next few years.

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Latin America and the Middle East & Africa are projected to exhibit an exponential growth for plastic packaging market during the coming years. This growth is attributed to the surging food and beverages industry in these regions. Emerging markets are likely to accelerate the demand for plastic packaging in various application industries in both the regions. Moreover, the introduction of bioplastics is expected to boom the demand for plastic packaging market in the near future.

Some of the major players of the global plastic packaging market are Mondi Plc, Ampac Holdings LLC, Bemis Company, Inc., Ukrplastic Corporation, Amcor Ltd., Constantia Flexibles International GmbH, Wipak Group, Sealed Air Corporation, Huhtamaki Oyj, and Sonoco Products Company, amongst others.

Segmentation:

Plastic Packaging Market: Product Analysis

  • Rigid
  • Flexible

Plastic Packaging Market: Application Analysis

  • Industrial
  • Food & Beverages
  • Automotive
  • Medical
  • Personal Care
  • Others

Plastic Packaging Market: Regional Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

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Table of Contents

Section 1. Preface
1.1. Report description
1.1.1. Objective
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & Offerings
1.2. Research scope
1.3. Market Research Methodology
1.3.1. Level 1: Primary Research
1.3.2. Level 2: Secondary Research
1.3.3. Level 3: Data Validation and Expert Panel Assessment

Section 2. Executive Summary
2.1. Global Plastic Packaging Market, 2016 - 2026, (Kilo Tons) (USD Million)
2.2. Plastic Packaging: Market Snapshot

Section 3. Plastic Packaging Market- Industry Analysis
3.1. Introduction
3.1.1. Classification of Plastic Packaging
3.1.2. Key Trend Analysis
3.2. Market Drivers
3.2.1. Growing demand for plastic packaging in food & beverages industry
3.2.2. Growing research and development activities
3.3. Restraints
3.3.1. Stringent rules and regulations
3.4. Opportunity
3.4.1. Untapped markets in emerging economies
3.5. Porter's Five Forces Analysis
3.6. Attractiveness Investment Proposition
3.6.1. Market Attractiveness Analysis by Product Segment
3.6.2. Market Attractiveness Analysis by Application Segment
3.6.3. Market Attractiveness Analysis by Regional Segment

Section 4. Global Plastic Packaging Market -Competitive Landscape
4.1. Company Market Share Analysis, 2018 (Subject to Data Availability)
4.2. Strategic Development
4.2.1. Acquisitions & Mergers
4.2.2. New Product Launch
4.2.3. Agreements, Partnerships, Collaborations and Joint Ventures
4.3. Research and Development, Product and Regional Expansion

Section 5. Plastic Packaging Market - Product Segment Analysis
5.1. Global Plastic Packaging Market Volume Share, by Product, 2018 and 2026
5.2. Rigid
5.2.1. Overview
5.2.2. Global rigid plastic packaging market, 2016 - 2026 (Kilo Tons) (USD Million)
5.3. Flexible
5.3.1. Overview
5.3.2. Global flexible plastic packaging market, 2016 - 2026 (Kilo Tons) (USD Million)

Section 6. Global Plastic Packaging Market: Application Segment Analysis
6.1. Global Plastic Packaging Market Volume Share, by Application, 2018 and 2026
6.2. Industrial
6.2.1. Overview
6.2.2. Global plastic packaging market for industrial, 2016 - 2026 (Kilo Tons) (USD Million)
6.3. Food & Beverages
6.3.1. Overview
6.3.2. Global plastic packaging market for food & beverages, 2016 - 2026 (Kilo Tons) (USD Million)
6.4. Automotive
6.4.1. Overview
6.4.2. Global plastic packaging market for automotive, 2016 - 2026 (Kilo Tons) (USD Million)
6.5. Personal Care
6.5.1. Overview
6.5.2. Global plastic packaging market for personal care, 2016 - 2026 (Kilo Tons) (USD Million)
6.6. Medical
6.6.1. Overview
6.6.2. Global plastic packaging market for medical, 2016 - 2026 (Kilo Tons) (USD Million)
6.7. Others
6.7.1. Overview
6.7.2. Global plastic packaging market for other applications, 2016 - 2026 (Kilo Tons) (USD Million)

Section 7. Plastic Packaging Market - Regional Analysis
7.1. Global Plastic Packaging Market: Regional Overview
7.1.1. Global Plastic Packaging Market Volume Share, by Region, 2018 and 2026
7.2. North America
7.2.1. Overview
7.2.2. North America Plastic Packaging market, 2016 - 2026 (Kilo Tons) (USD Million)
7.2.3. North America Plastic Packaging market volume, by product, 2016 - 2026 (Kilo Tons)
7.2.4. North America Plastic Packaging market revenue, by product, 2016 - 2026 (USD Million)
7.2.5. North America Plastic Packaging market volume, by application, 2016 - 2026 (Kilo Tons)
7.2.6. North America Plastic Packaging market revenue, by application, 2016 - 2026 (USD Million)
7.2.7. U.S.
7.2.7.1. U.S. Plastic Packaging market volume, by product, 2016 - 2026 (Kilo Tons)
7.2.7.2. U.S. Plastic Packaging market revenue, by product, 2016 - 2026 (USD Million)
7.2.7.3. U.S. Plastic Packaging market volume, by application, 2016 - 2026 (Kilo Tons)
7.2.7.4. U.S. Plastic Packaging market revenue, by application, 2016 - 2026 (USD Million)
7.2.8. Rest of North America
7.2.8.1. Rest of North America Plastic Packaging market volume, by product, 2016 - 2026 (Kilo Tons)
7.2.8.2. Rest of North America Plastic Packaging market revenue, by product, 2016 - 2026 (USD Million)
7.2.8.3. Rest of North America Plastic Packaging market volume, by application, 2016 - 2026 (Kilo Tons)
7.2.8.4. Rest of North America Plastic Packaging market revenue, by application, 2016 - 2026 (USD Million)
7.3. Europe
7.3.1. Overview
7.3.2. Europe Plastic Packaging market, 2016 - 2026 (Kilo Tons) (USD Million)
7.3.3. Europe Plastic Packaging market volume, by product, 2016 - 2026 (Kilo Tons)
7.3.4. Europe Plastic Packaging market revenue, by product, 2016 - 2026 (USD Million)
7.3.5. Europe Plastic Packaging market volume, by application, 2016 - 2026 (Kilo Tons)
7.3.6. Europe Plastic Packaging market revenue, by application, 2016 - 2026 (USD Million)
7.3.7. UK
7.3.7.1. UK Plastic Packaging market volume, by product, 2016 - 2026 (Kilo Tons)
7.3.7.2. UK Plastic Packaging market revenue, by product, 2016 - 2026 (USD Million)
7.3.7.3. UK Plastic Packaging market volume, by application, 2016 - 2026 (Kilo Tons)
7.3.7.4. UK Plastic Packaging market revenue, by application, 2016 - 2026 (USD Million)
7.3.8. France
7.3.8.1. France Plastic Packaging market volume, by product, 2016 - 2026 (Kilo Tons)
7.3.8.2. France Plastic Packaging market revenue, by product, 2016 - 2026 (USD Million)
7.3.8.3. France Plastic Packaging market volume, by application, 2016 - 2026 (Kilo Tons)
7.3.8.4. France Plastic Packaging market revenue, by application, 2016 - 2026 (USD Million)
7.3.9. Germany
7.3.9.1. Germany Plastic Packaging market volume, by product, 2016 - 2026 (Kilo Tons)
7.3.9.2. Germany Plastic Packaging market revenue, by product, 2016 - 2026 (USD Million)
7.3.9.3. Germany Plastic Packaging market volume, by application, 2016 - 2026 (Kilo Tons)
7.3.9.4. Germany Plastic Packaging market revenue, by application, 2016 - 2026 (USD Million)
7.3.10. Rest of Europe
7.3.10.1. Rest of Europe Plastic Packaging market volume, by product, 2016 - 2026 (Kilo Tons)
7.3.10.2. Rest of Europe Plastic Packaging market revenue, by product, 2016 - 2026 (USD Million)
7.3.10.3. Rest of Europe Plastic Packaging market volume, by application, 2016 - 2026 (Kilo Tons)
7.3.10.4. Rest of Europe Plastic Packaging market revenue, by application, 2016 - 2026 (USD Million)
7.4. Asia Pacific
7.4.1. Overview
7.4.2. Asia-Pacific Plastic Packaging market, 2016 - 2026 (Kilo Tons) (USD Million)
7.4.3. Asia-Pacific Plastic Packaging market volume, by product, 2016 - 2026 (Kilo Tons)
7.4.4. Asia-Pacific Plastic Packaging market revenue, by product, 2016 - 2026 (USD Million)
7.4.5. Asia-Pacific Plastic Packaging market volume, by application, 2016 - 2026 (Kilo Tons)
7.4.6. Asia-Pacific Plastic Packaging market revenue, by application, 2016 - 2026 (USD Million)
7.4.7. China
7.4.7.1. China Plastic Packaging market volume, by product, 2016 - 2026 (Kilo Tons)
7.4.7.2. China Plastic Packaging market revenue, by product, 2016 - 2026 (USD Million)
7.4.7.3. China Plastic Packaging market volume, by application, 2016 - 2026 (Kilo Tons)
7.4.7.4. China Plastic Packaging market revenue, by application, 2016 - 2026 (USD Million)
7.4.8. Japan
7.4.8.1. Japan Plastic Packaging market volume, by product, 2016 - 2026 (Kilo Tons)
7.4.8.2. Japan Plastic Packaging market revenue, by product, 2016 - 2026 (USD Million)
7.4.8.3. Japan Plastic Packaging market volume, by application, 2016 - 2026 (Kilo Tons)
7.4.8.4. Japan Plastic Packaging market revenue, by application, 2016 - 2026 (USD Million)
7.4.9. India
7.4.9.1. India Plastic Packaging market volume, by product, 2016 - 2026 (Kilo Tons)
7.4.9.2. India Plastic Packaging market revenue, by product, 2016 - 2026 (USD Million)
7.4.9.3. India Plastic Packaging market volume, by application, 2016 - 2026 (Kilo Tons)
7.4.9.4. India Plastic Packaging market revenue, by application, 2016 - 2026 (USD Million)
7.4.10. Rest of Asia Pacific
7.4.11. Rest of Asia Pacific Plastic Packaging market volume, by product, 2016 - 2026 (Kilo Tons)
7.4.12. Rest of Asia Pacific Plastic Packaging market revenue, by product, 2016 - 2026 (USD Million)
7.4.13. Rest of Asia Pacific Plastic Packaging market volume, by application, 2016 - 2026 (Kilo Tons)
7.4.14. Rest of Asia Pacific Plastic Packaging market revenue, by application, 2016 - 2026 (USD Million)
7.5. Latin America
7.5.1. Overview
7.5.2. Latin America Plastic Packaging market, 2016 - 2026 (Kilo Tons) (USD Million)
7.5.3. Latin America Plastic Packaging market volume, by product, 2016 - 2026 (Kilo Tons)
7.5.4. Latin America Plastic Packaging market revenue, by product, 2016 - 2026 (USD Million)
7.5.5. Latin America Plastic Packaging market volume, by application, 2016 - 2026 (Kilo Tons)
7.5.6. Latin America Plastic Packaging market revenue, by application, 2016 - 2026 (USD Million)
7.5.7. Brazil
7.5.7.1. Brazil Plastic Packaging market volume, by product, 2016 - 2026 (Kilo Tons)
7.5.7.2. Brazil Plastic Packaging market revenue, by product, 2016 - 2026 (USD Million)
7.5.7.3. Brazil Plastic Packaging market volume, by application, 2016 - 2026 (Kilo Tons)
7.5.7.4. Brazil Plastic Packaging market revenue, by application, 2016 - 2026 (USD Million)
7.5.8. Rest of Latin America
7.5.8.1. Rest of Latin America Plastic Packaging market volume, by product, 2016 - 2026 (Kilo Tons)
7.5.8.2. Rest of Latin America Plastic Packaging market revenue, by product, 2016 - 2026 (USD Million)
7.5.8.3. Rest of Latin America Plastic Packaging market volume, by application, 2016 - 2026 (Kilo Tons)
7.5.8.4. Rest of Latin America Plastic Packaging market revenue, by application, 2016 - 2026 (USD Million)
7.6. Middle East & Africa
7.6.1. Overview
7.6.2. Middle East & Africa Plastic Packaging market, 2016 - 2026 (Kilo Tons) (USD Million)
7.6.3. Middle East & Africa Plastic Packaging market volume, by product, 2016 - 2026 (Kilo Tons)
7.6.4. Middle East & Africa Plastic Packaging market revenue, by product, 2016 - 2026 (USD Million)
7.6.5. Middle East & Africa Plastic Packaging market volume, by application, 2016 - 2026 (Kilo Tons)
7.6.6. Middle East & Africa Plastic Packaging market revenue, by application, 2016 - 2026 (USD Million)

Section 8. Company Profiles
8.1. Mondi Plc
8.1.1. Overview
8.1.2. Financials
8.1.3. Product portfolio
8.1.4. Business strategy
8.1.5. Recent developments
8.2. Ampac Holdings LLC
8.2.1. Overview
8.2.2. Financials
8.2.3. Product portfolio
8.2.4. Business strategy
8.2.5. Recent developments
8.3. Bemis Company, Inc.
8.3.1. Overview
8.3.2. Financials
8.3.3. Product portfolio
8.3.4. Business strategy
8.3.5. Recent developments
8.4. Ukrplastic Corporation
8.4.1. Overview
8.4.2. Financials
8.4.3. Product portfolio
8.4.4. Business strategy
8.4.5. Recent developments
8.5. Amcor Ltd.
8.5.1. Overview
8.5.2. Financials
8.5.3. Product portfolio
8.5.4. Business strategy
8.5.5. Recent developments
8.6. Constantia Flexibles International GmbH
8.6.1. Overview
8.6.2. Financials
8.6.3. Product portfolio
8.6.4. Business strategy
8.6.5. Recent developments
8.7. Wipak Group
8.7.1. Overview
8.7.2. Financials
8.7.3. Product portfolio
8.7.4. Business strategy
8.7.5. Recent developments
8.8. Sealed Air Corporation
8.8.1. Overview
8.8.2. Financials
8.8.3. Product portfolio
8.8.4. Business strategy
8.8.5. Recent developments
8.9. Huhtamaki Oyj
8.9.1. Overview
8.9.2. Financials
8.9.3. Product portfolio
8.9.4. Business strategy
8.9.5. Recent developments
8.10. Sonoco Products Company
8.10.1. Overview
8.10.2. Financials
8.10.3. Product portfolio
8.10.4. Business strategy
8.10.5. Recent developments

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