Plastic packaging is lightweight, costefficient and does a. Flexible plastic packaging market by type zipper lock. The market is majorly driven by the growing demand for plastic packaging from the food and beverage and industrial packaging industry. Mexican rigid plastic packaging sales are expected to grow the fastest in the region, with an average annual growth rate of 4. Global rigid plastic packaging market 2020 intelligence. Final report plastic packaging market study plastic flow 2014.
By accelerating innovation in the full life cycle of products. According to research by smithers in the future of packaging. The global plastic packaging market size is projected to reach usd 320. Our study focuses on household consumption of plastic packaging, as this is the plastic most likely to end up in the oceans.
Smithers latest longterm forecast analyses four key trends that indicate how the packaging industry is set to evolve. Plasticseuropes plastics 2030 voluntary commitment has taken the industry to the next. Top 15 global plastic packaging companies amcor ltd. The utility of flexible packaging arises from properties of aroma retention, sealing and heat insulation, barrier against moisture and strength. The global flexible plastic packaging market is estimated to reach usd 152. Cosmetic packaging market research report global forecast. A wide variety of cosmetic packaging is made from plastic, due to its convenient and hygienic qualities. Increasing use of plastic packaging in widespread applications, including food and beverages, personal care, household care, consumer electronics, and. Biodegradable plastic packaging market growth, trends. Substituting a variety of plastics packaging with nonplastics alternatives would. Plastic packaging market growth, trends, and forecast 2020 2025 the market is segmented by type of packaging rigid, flexible, material pe, pv, pvc, ps, pet, enduser industry food and beverage, healthcare and pharmaceuticals, beauty and personal care, and geography. Compared to other packaging products, consumers have shown an increasing inclination toward plastic packaging, as plastic packages are lightweight and.
Rigid plastic packaging market size, trends, opportunities. Bestseller cosmetic packaging market growth, trends and forecasts 20202025 the cosmetic packaging market is segmented by material plastic, glass, metal, product type plastic bottles and containers, glass bottles and containers, metal containers, cosmetic type hair care, color cosmetics, skin care, mens grooming, deodorants, and geography. Multiple technologies are enabling brands to connect physical packaging to the virtual world. Flexible plastic packaging market in germany and in europe. How consumer goods companies, retailers, and foodservice providers are responding to.
Final report plastic packaging market study plastic flow. Pharmaceutical packaging will be a highgrowth endmarket for plastic packaging due to demographic trends and strong demand for unit dose packaging. It starts with the raw material suppliers such as bemis company, inc. The plastic packaging market is booming across north america and so is the demand for highquality packaging that offers protection and long shelf life for the packaged goods. Market overview the biodegradable plastic packaging market was valued at usd 4. Over the past decade, the global packaging industry has enjoyed steady growth driven by shifts in choice of substrates, expansion of new markets, and changing ownership dynamics.
Plastic packaging market size, share, growth report, 20202027. The market is majorly driven by the growing demand for plastic packaging from the food and beverage and industrial packaging. Packaging and protective packaging market overview. Brands have an opportunity to differentiate and ride consumer awareness of recycling issues. However, to make the most of these extraordinary materials, challenges related to the end of life of certain products and particularly plastic packaging still need to be addressed. Food packaging market value forecast worldwide 20182025. Mintel announces top global packaging trends for 2019. Yes, i would like to order the report flexible plastic packaging market in germany and in europe as pdf at a price of eur 1. Home services market reports packaging the future of rigid plastic packaging to 2024 the future of rigid plastic packaging to 2024 global rigid plastic packaging consumption is projected at 58. Global rigid plastic packaging market 20192023 the analyst recognizes the following companies as the key players in the global rigid plastic packaging market. Flexible packaging is maturing in north america and western europe but not elsewhere. Plastic containers, which generally require less energy to manufacture than other packaging, also require less fuel to transport than other packaging.
The global plastic packaging market is expected to cross usd 400 billion at the end of the forecasted period and is expected to grow at cagr of approximately 5% from 2016 to 2022. Plastic packaging market study plastic flow 2014 3 data uncertainties and appropriate confidence in estimates the data presented in the plastic flow report intends to represent the best estimate possible, given the available data. The market ecosystem involves various stakeholders in the rigid plastic packaging market. Growing packaged food and beverage industry owing to changing lifestyle and increasing penetration of organize retail is principally expanding the product application scope. The global plastic packaging market size was estimated at usd 234. Plastic packaging in southeast asia and china vincent. Global flexible packaging market share is fragmented due to presence of multinational, large regional, and medium players.
Plastic packaging market research report forecast to 2022. According to the national packaging waste database npwd, around 891,000 tonnes of plastic packaging was recycled in 2015, an increase of more than 50% since the previous plastics market situation report reported on data in 2009 chart 1. This report on plastic packaging is our attempt to provide the reader an overview of the indian plastic packaging industry, its growth prospects, challenges and emerging trends in this segment of the market with a focus on relevant sustainable practices. Headline changes include increased use of plastics to replace other substrates and accommodate consumers demand for. Plastic packaging is lightweight, costefficient and does. Electronic pdf the global plastic packaging market size is projected to reach usd 320. By reaching in 2040 100% reuse, recycling andor recovery of all plastic packaging in the whole eu. The market research study on pallets packaging market by material. Plastic packaging market growth, trends, and forecast 2020. Rigid packaging market size, share analysis industry. Mintel, the worlds leading market intelligence agency, has today 26 march 2019 announced four trends impacting the global packaging industry in 2019 and beyond connected packaging.
Pharmaceutical packaging will be a highgrowth end market for plastic packaging due to demographic trends and strong demand for unit dose packaging. The report for global cosmetic packaging market of market research future comprises extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. Preparing for these changes requires new ways of thinkingintuition resetsabout a packaging companys focus and market approach. Based on the current plastic packaging arising estimate of 2. Water consumption for canadian plastic packaging and substitutes thousand cubic meters 141 table 410. Annual per capita plastic packaging consumption across the six countries kg. Plastic packaging market 2020 industry demand, share. Biodegradable plastic packaging market growth, trends, and. Rigid plastic packaging market to 2024 industry trends. The amount of plastic packaging recovered for recycling has grown rapidly in recent years.
According to verified market research, global rigid plastic packaging market was valued at usd 228. Water consumption for us plastic packaging and substitutes 141 table 49. Different plastics for different products all play a role in a circular economy by increasing engagement inside and outside our industry. While growth in china is cooling, the country, together with other markets in asia, will remain the industrys top growth engine alongside north america, which china has.
In germany, household plastic packaging makes up about twothirds of the total, though this proportion is thought to be higher. Information about the growth of packaging market at the no. Plastic bottles and containers will also realize strong growth in this space offshore sourcing is a growing threat for producers of monolayer films and rollstock, but many plastic packaging. Cosmetic packaging market growth, trends and forecasts.
Global packaging materials market size was estimated over usd 900 billion in 2016 and will exhibit growth by a cagr of over 3% up to 2024 get more details on this report request free sample pdf. Alpla, amcor, berry global, rpc group, sonoco products company. However, stringent government regulations with ban on certain materials used for manufacturing pouches might lay pressures on manufacturers and may hinder the flexible packaging market growth. Plastic packaging market is likely to rise at a healthy. New models for the global packaging industry mckinsey. In 2014 the europeanwide sale of plastic closures reached 200 billion, i.
Life cycle impacts of plastic packaging compared to substitutes in the united states and canada theoretical substitution analysis prepared for. The different cosmetic packaging materials available in the market are plastic, glass, metal, and paper. On a global level, the market has been analyzed based on the current trends and forecast for the time period ranging from 2014 to 2020. Packaging materials market share global industry size. Plastics dominate the flexible packaging market because of their properties. In 2017, the market size of plastic packaging for beverages in vietnam was highest for the readytodrink tea segment, amounting to approximately 1.
Growth of packaging market interpack packaging fair. Plastic packaging market 2020 industry demand, share, size. Jan 02, 2020 press release plastic packaging market 2020 industry demand, share, size, future trends plans, growth opportunities, key players, application, demand, industry research report by regional. Packaging for the future pac, packaging consortium. Plastic packaging market growth, trends, and forecast. Rigid packaging includes usage of materials such as rigid plastics, metal, glass, and other for packaging applications. Life cycle impacts of plastic packaging compared to. May 09, 2019 amount of plastic packaging put on the market in sweden 20152017 value of reexported packaging materials from hong kong 2014h1 2018 forecasted global industrial packaging products market share. However, owing to uncertainties inherent in many of the data. Solid waste by weight for us plastic packaging and substitutes thousand metric tonnes. Market size through cost is expected and forecasted with the sales of leading companies operating within the plastic packaging market with key developments in businesses and market trends. Plastic packaging is lightweight, costefficient and does a great job protecting and preserving food.
Cosmetic packaging market research report global forecast to. Pallets packaging market size, share, growth forecast 2026. Amount of plastic packaging put on the market in sweden 20152017 value of reexported packaging materials from hong kong 2014h1 2018 forecasted global industrial packaging products market share. Food packaging viewpoint 2016 and beyond pdf download. Press release plastic packaging market 2020 industry demand, share, size, future trends plans, growth opportunities, key players, application, demand, industry research report by. Plastic packaging market research report primarily based on product, application, and region. Asia is the fastestgrowing market with a forecast compound annual growth rate for 20112016 of 7. Feb 14, 2020 in 2017, the market size of plastic packaging for beverages in vietnam was highest for the readytodrink tea segment, amounting to approximately 1. Plastic packaging market research report forecast to 2022 mrfr. Plastic packaging market trends and forecast 20202029. In terms of growth in each of the segments, the food and beverage segments remai\.
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