Global
Plastics Packing Market is expected
to grow at a significant CAGR in the upcoming years as the scope, product
types, and its applications are increasing across the globe. Plastics Packaging
market is rapidly increasing in food and beverages industry due to changing
lifestyle and growing demand for flexible packaging more than the conventional
counterparts. Moreover, growing demand from the pharmaceutical industry is also
anticipated to boost the global plastic packaging market. Though, despite such
notable development, the market is likely to face a challenge from the growing
cost of raw materials, which may also hamper its growth in the long course.
Plastics
Packing Market is categorized based on product type, applications, and
geography. Plastics Packing Market is categorized based on product types such
as Flexible Packaging and Rigid Packaging. Plastics Packing Industry is
categorized based on application into Food, Beverages, Healthcare, Cosmetics
& Toiletries, Household Products, Personal Care, and Other Applications. Plastics
Packing Market is categorized based on geography into Asia Pacific (China,
India, ASEAN, Australia & New Zealand), Japan, Middle East and Africa (GCC
countries, S. Africa, Rest Of MEA), North America (U.S., Canada), Latin America
(Brazil, Rest of Latin America), Western
Europe
(Germany, Italy, France, England, Spain, Rest of Western Europe), and Eastern
Europe (Poland, Russia, Rest of Eastern Europe). Asia-Pacific has been at the
forefront with regards to Plastics Packing Market and will continue to rule the
roost in the years to come. Some of the key players that fuel the growth of the
Plastics Packing Market include Greif, Berry Plastics, Smurfit Kappa, Can-Pack,
Ardagh Group, Printpack, Amcor Ltd, CPMC BWAY, Owens-Illinois, Crown Holdings,
Kian Joo Group, DS Smith, RPC Group. The key players are focusing on inorganic
growth to sustain themselves amidst fierce competition. As such, mergers,
acquisitions, and joint ventures are the need of the hour.
Market Segment:
The major manufacturers covered in this
report
•
Amcor
•
Ball
•
Crown Holdings
•
International Paper
•
Mondi
•
Owens-Illinois
•
Reynolds Group
•
Sealed Air
•
Smurfit Kappa
•
Stora Enso
•
WestRock
Geographically, this report studies the
top producers and consumers, focuses on product capacity, production, value, market
share and growth opportunity in these key regions, covering
•
North America
•
Europe
•
China
•
Japan
•
Southeast Asia
•
India
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