Viable Eco-Friendly Plastic Packaging Products and Technology Instill Growth in Food and Beverages Market

Transparency Market
Research
Plastic Packaging Market - Global Industry Analysis,
Size, Share, Growth, Trends and Forecast 2014 - 2020
Published Date
28-Jan-2015
84 Page Report
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Press Release
Global Plastic Packaging Industry Likely to Garner US$370.2
bn, Driven by Rising Demand from Food and Beverages
Industry
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Plastic Packaging Market
REPORT DESCRIPTION
Plastic Packaging Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 2020
The plastic packaging market finds its use in various staple consumer products. The consumption for plastic
packaging in the developing markets is growing too. The overall demand for this market and the exponential
growth in the past recent years is a reflection of the incorporation of plastic products and expansion of
downstream demand into every single facet of our modern life. Plastic packaging demand reflects the global
growth of downstream industries. Rising technological innovations and rapidly changing consumer trends in
the plastic packaging industry have imparted high growth and demand for plastic packaging across the globe.
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Green Plastic Packaging is an Emerging Trend
While the plastic packaging market is popular across several industry applications, it has become extremely
vital to reduce the amount of material used during the production of packaging and increase our concerns over
the environmental impact of packaging. Using just a minimum quantity of material, the plastic packaging
market combines and offers the best qualities of various plastics to cater to a wide gamut of protective
properties that can be used in growing segments of the packaging industry.
To increase the focus on sustainable and healthier living, many plastic packaging manufacturers are
developing bio-based packaging solutions that offer more sustainable alternatives for chemicals and
conventional plastics. Several plastic packaging manufacturers also provide a wide spectrum of plastic
packaging materials available in different technical specifications possessing various shapes, sizes and colors.
Plastic packaging typically made up of polymers such as polyethylene teraphthalate (PET), polypropylene
(PP), high density polyethylene (HDPE), low density polyethylene (LDPE), and polyvinyl chloride (PVC) are
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rapidly being replaced by biodegradable substitutes such as starch-based plastics, PHA, and PLA materials.
Although this shift from conventional plastic packaging materials to eco-friendly packaging is comparatively
small - the ultimate goal is to protect our environment and maintain sustainability.
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Global Growth Trends and Demand for Plastic Packaging Market in Various End-User Industries
Plastic packaging is gaining high importance in different regions such as Europe, North America, and AsiaPacific which have imposed legislations to completely ban the use of disposable plastic bags and instead use
environmentally-friendly plastic packaging products.
Unsurprisingly the U.S. has been the largest consumer of plastic packaging market, followed by Europe and
Asia-Pacific.
Asia set to become the next center-stage in plastic packaging market
Asia has increased its market share largely at the expense of its competitors. The region accounted for over
35% of the market share in 2013 and this trend is expected to continue over the forecast period 2014-2020.
There are several factors that are driving the demand for plastic packaging market in Asia. These include
changing lifestyles, eating habits, high demand for packaged foods, population growth, rising disposable
incomes as well as demand for plastic packaging from healthcare industry.
In the next few years, the demand for plastic packaging is expected to accelerate in the developed markets of
North America and Europe and likely to plateau in other developed regions in the Rest of the World (RoW)
region.
Food and Beverages Segment to Lead Market Share
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Food and beverages, personal care, medical, healthcare, and other applications are stimulating maximum
growth and demand due to increasing wealth, growing economies and urbanization that will support growth
rates in different regions. Food & beverages was the largest end-use segment that accounted for over 65% of
the market share in 2013. This market segment uses the most effective technology and packaging materials
such as rigid plastic packaging, paperboard packaging, flexible plastic packaging, shrink wrapping, and shrink
sleeve wrapping, among others in order to excel further with respect to cost-effectiveness and environmental
concerns.
Plastic packaging has now become the single largest downstream consumer market of the plastics industry
due to the rapid use of plastics in packaging over the past 30 years. A new market research report is
forecasting that the growth of this market will continue to grow at a CAGR of 5.2% between 2014 and 2020 and
reach an estimated value of US$370.25 billion by 2020.
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TABLE OF CONTENT
Chapter 1 Preface
1.1 Report Description
1.2 Market Segmentation
1.2.1 Global Plastic Packaging Market Segmentation, By Product Type, Application And Region
1.3 Research Methodology
1.4 Research Scope And Assumptions
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Chapter 2 Executive Summary
2.1 Global Plastic Packaging Market, 2013 – 2020 (Kilo Tons) (US$ Mn)
2.2 Plastic Packaging: Market Snapshot (2013 And 2020)
Chapter 3 Plastic Packaging Market – Industry Analysis
3.1 Introduction
3.2 Value Chain Analysis
3.3 Market Drivers
3.3.1 Growth Of Food & Beverages Industry Expected To Drive Demand For Plastic Packaging
3.3.1.1 Global Food & Beverages Market, 2013 − 2020 (US$ Bn)
3.3.2 Increasing Consumer Preference Towards Flexible Plastics To Augment The Growth Of Plastic
Packaging Market
3.3.3 Rising Demand For Plastics In Pharmaceutical Packaging To Propel The Market Growth
3.3.3.1 Global Pharmaceutical Packaging Market Revenue Share, 2013 and 2020
3.3.3.2 Global Pharmaceutical Market, 2013 – 2020 (US$ Bn)
3.4 Market Restraints
3.4.1 Increasing Cost Of Raw Materials To Be A Restraining Factor For The Market Growth
3.4.1.1 Global Crude Oil Price Trends, Brent vs. WTI (US$ per Barrel), 2008 − 2013
3.5 Market Opportunities
3.5.1 Growing Demand For Bioplastics To Open New Avenues For Plastic Packaging Market
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3.5.1.1 Global Bioplastics Market, 2013 -2020(Kilo Tons)
3.5.2 Emerging Usage Of Nanotechnology In Plastic Packaging
3.6 Porter’s Five Forces Analysis
3.6.1 Bargaining Power Of Suppliers
3.6.2 Bargaining Power Of Buyers
3.6.3 Threat Of New Entrants
3.6.4 Threat Of Substitutes
3.6.5 Degree Of Competition
3.7 Plastic Packaging Market: Company Market Share, 2013
3.7.1 Plastic Packaging: Company Market Share, 2013 (%)
3.8 Plastic Packaging: Market Attractiveness Analysis
3.8.1 Plastic Packaging: Market Attractiveness Analysis
Chapter 4 Global Plastic Packaging Market – Product Segment Analysis
4.1 Global Plastic Packaging Market - Product Segment Overview
4.1.1 Global Plastic Packaging Market Volume Share, By Product Segment, 2013 - 2020
4.2 Rigid Packaging
4.2.1 Global Rigid Plastic Packaging Market, 2013 – 2020 (Kilo Tons) (US$ Mn)
4.3 Flexible Packaging
4.3.1 Global Flexible Plastic Packaging Market, 2013 – 2020 (Kilo Tons) (US$ Mn)
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Chapter 5 Global Plastic Packaging Market – Application Analysis
5.1 Global Plastic Packaging Market - Application Overview
5.1.1 Global Plastic Packaging Market Volume Share, By Application, 2013 And 2020
5.2 Food & Beverages
5.2.1 Global Plastic Packaging Market For Food & Beverages, 2013 – 2020 (Kilo Tons) (US$ Mn)
5.3 Industrial
5.3.1 Global Plastic Packaging Market For Industrial Applications, 2013 – 2020 (Kilo Tons) (US$ Mn)
5.4 Household Products
5.4.1 Global Plastic Packaging Market For Household Products, 2013 – 2020 (Kilo Tons) (US$ Mn)
5.5 Personal Care
5.5.1 Global Plastic Packaging Market For Personal Care Products, 2013 – 2020 (Kilo Tons) (US$ Mn)
5.6 Medical
5.6.1 Global Plastic Packaging Market For Medical Applications, 2013 – 2020 (Kilo Tons) (US$ Mn)
5.7 Others
5.7.1 Global Plastic Packaging Market For Other Applications, 2013 – 2020 (Kilo Tons) (US$ Mn)
Chapter 6 Global Plastic Packaging Market – Regional Analysis
6.1 Global Plastic Packaging Market - Regional Overview
6.1.1 Global Plastic Packaging Market Volume Share, By Region, 2013 And 2020
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6.2 North America
6.2.1 North America Plastic Packaging Market Volume, By Product Segment, 2013 - 2020 (Kilo Tons)
6.2.2 North America Plastic Packaging Market Revenue, By Product Segment, 2013 - 2020 (US$ Mn)
6.2.3 North America Plastic Packaging Market Volume, By Application, 2013 – 2020 (Kilo Tons)
6.2.4 North America Plastic Packaging Market Revenue, By Application, 2013 – 2020 (US$ Mn)
6.3 Europe
6.3.1 Europe Plastic Packaging Market Volume, By Product Segment, 2013 - 2020 (Kilo Tons)
6.3.2 Europe Plastic Packaging Market Revenue, By Product Segment, 2013 - 2020 (US$ Mn)
6.3.3 Europe Plastic Packaging Market Volume, By Application, 2013 – 2020 (Kilo Tons)
6.3.4 Europe Plastic Packaging Market Revenue, By Application, 2013 – 2020 (US$ Mn)
6.4 Asia Pacific
6.4.1 Asia Pacific Plastic Packaging Market Volume, By Product Segment, 2013 - 2020 (Kilo Tons)
6.4.2 Asia Pacific Plastic Packaging Market Revenue, By Product Segment, 2013 - 2020 (US$ Mn)
6.4.3 Asia Pacific Plastic Packaging Market Volume, By Application, 2013 – 2020 (Kilo Tons)
6.4.4 Asia Pacific Plastic Packaging Market Revenue, By Application, 2013 – 2020 (US$ Mn)
6.5 Rest of the World (RoW)
6.5.1 RoW Plastic Packaging Market Volume, By Product Segment, 2013 - 2020 (Kilo Tons)
6.5.2 RoW Plastic Packaging Market Revenue, By Product Segment, 2013 - 2020 (US$ Mn)
6.5.3 RoW Plastic Packaging Market Volume, By Application, 2013 – 2020 (Kilo Tons)
6.5.4 RoW Plastic Packaging Market Revenue, By Application, 2013 – 2020 (US$ Mn)
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Chapter 7 Company Profiles
7.1 Amcor Ltd.
7.2 Ampac Holdings LLC
7.3 Bemis Company, Inc
7.4 Huhtamaki Oyj
7.5 Mondi plc
7.6 Sealed Air Corporation
7.7 Ukrplastic Corporation
7.8 Wipak Group
7.9 Sonoco Products Company
7.10 Constantia Flexibles International GmbH
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The plastic packaging market finds its use in various staple consumer products. The consumption for plastic packaging in the developing markets is growing too. The overall demand for this market and the exponential growth in the past recent years is a reflection of the incorporation of plastic products and expansion of downstream demand into every single facet of our modern life. Plastic packaging demand reflects the global growth of downstream industries. Rising technological innovations and rapidly changing consumer trends in the plastic packaging industry have imparted high growth and demand for plastic packaging across the globe.