Heavy Industry
Plastic Packaging Market by Type (Flexible, Rigid), Product Type (Bottles & Jars, Trays & Containers), Technology, Material Type, End-User Industry - Global Forecast 2023-2030
Plastic Packaging Market by Type (Flexible, Rigid), Product Type (Bottles & Jars, Trays & Containers), Technology, Material Type, End-User Industry - Global Forecast 2023-2030
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Plastic Packaging Market by Type (Flexible, Rigid), Product Type (Bottles & Jars, Trays & Containers), Technology, Material Type, End-User Industry - Global Forecast 2023-2030
The Plastic Packaging Market size was estimated at USD 410.56 billion in 2022 and expected to reach USD 432.14 billion in 2023, at a CAGR 5.21% to reach USD 616.37 billion by 2030.
Market Segmentation & Coverage:
This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Plastic Packaging Market.Based on Type, market is studied across Flexible and Rigid. The Flexible commanded largest market share of 60.35% in 2022, followed by Rigid. Based on Product Type, market is studied across Bottles & Jars and Trays & Containers. The Bottles & Jars commanded largest market share of 54.96% in 2022, followed by Trays & Containers. Based on Technology, market is studied across Extrusion and Thermoforming. The Extrusion commanded largest market share of 39.16% in 2022, followed by Thermoforming. Based on Material Type, market is studied across Bio- Plastic, Ethylene Vinyl Alcohol, Polyamide, Polyethylene (PE), Polyethylene Terephthalate (PET), Polypropylene (PP), Polystyrene (PS) and Expanded Polystyrene (EPS), and Polyvinyl Chloride (PVC). The Polyethylene Terephthalate (PET) commanded largest market share of 23.11% in 2022, followed by Polystyrene (PS) and Expanded Polystyrene (EPS). Based on End-User Industry, market is studied across Cosmetics & Personal Care, Food & Beverage, Healthcare, Industrial, Pharmaceuticals, and Retail. The Food & Beverage commanded largest market share of 37.22% in 2022, followed by Retail. Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 42.63% in 2022, followed by Asia-Pacific. Market Statistics:
The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is an indispensable tool for assessing the Plastic Packaging Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.
Market Share Analysis:
The Market Share Analysis offers invaluable insights into the vendor landscape Plastic Packaging Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.
Key Company Profiles:
The report delves into recent significant developments in the Plastic Packaging Market, highlighting leading vendors and their innovative profiles. These include Alpha Packaging Inc., Aluflexpack AG, Amcor plc, Berry Global, Inc, Bischof + Klein SE & Co. KG, C-P Flexible Packaging, CCL Industries Inc, Constantia Flexibles, Cosmo Films Limited, Coveris Management GmbH, Mondi plc, NOVOLEX - CARLYLE GROUP, PPC Flexible Packaging LLC, Printpack, ProAmpac Intermediate, Inc., Sealed Air Corporation, Sigma Plastics Group, Sonoco Products Company, SWISS PAC PVT LTD, Uflex Ltd, Ultimate Group, and Winpak Ltd..
The report offers valuable insights on the following aspects:Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.The report addresses key questions such as:What is the market size and forecast for the Plastic Packaging Market?Which products, segments, applications, and areas hold the highest investment potential in the Plastic Packaging Market?What is the competitive strategic window for identifying opportunities in the Plastic Packaging Market?What are the latest technology trends and regulatory frameworks in the Plastic Packaging Market?What is the market share of the leading vendors in the Plastic Packaging Market?Which modes and strategic moves are suitable for entering the Plastic Packaging Market?
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