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Plastic Packaging Market by Product (Rigid and Flexible), by Application (Industrial, Food & Beverages, Automotive, Personal Care, Medical and Other Applications): Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 – 2024

Published Date: 03-Aug-2018 Category: Packaging Report Format : PDF Pages: 110 Report Code: ZMR-3257 Status : Published

Global plastic packaging market expected to reach USD 452.24 billion in 2024, growing at a CAGR of 5.0% between 2018 and 2024. In terms of volume, global plastic packaging market stood at approximately 9,621.11 kilotons in 2017. 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.

Description

The report encloses the forecast and current estimate for plastic packaging market on a global and regional level. The study provides the data from previous years 2015 to 2017 and the forecast period from 2018 to 2024 based on volume and revenue. The volume of the plastic packaging market is in kilotons and the revenue is measured in USD million. The study also provides the impact and the descriptive analysis of major drivers, restraints, and opportunities of the global plastic packaging market.

The study also offers the market attractiveness and the Porter’s Five Forces model analysis to gauge the competitive landscape of major vendors of the global plastic packaging market. This comprehensive study also provides you the detailed analysis and overview of each segment included in the study. 

Global Plastic Packaging Market

The report includes the major product types, application, and regional bifurcation. The list of major product of the plastic packaging market includes rigid and flexible. The key applications of the market include industrial, food & beverages, automotive, personal care, medical, and other applications. Regional segmentation covers all the major regions and countries such as North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Furthermore, it is segmented into major countries including the U.S., the UK, Germany, France, China, India, Japan, and Brazil.

Key industry participants analyzed and profiled in this study includes 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.

The Global Plastic Packaging Market has been segmented as follows:

Plastic Packaging Market: Product Analysis

  • Rigid
  • Flexible 

Plastic Packaging Market: Application Analysis

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

Table Of Content

  • Chapter 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
  •  
  • Chapter 2. Executive Summary
    • 2.1. Global Plastic Packaging Market, 2015 - 2024, (Kilo Tons) (USD Million)
    • 2.2. Plastic Packaging: Market Snapshot
  •  
  • Chapter 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
  •  
  • Chapter 4. Global Plastic Packaging Market -Competitive Landscape
    • 4.1. Company Market Share Analysis, 2017 (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
  •  
  • Chapter 5. Plastic Packaging Market - Product Segment Analysis
    • 5.1. Global Plastic Packaging Market Volume Share, by Product, 2017 and 2024
    • 5.2. Rigid
      • 5.2.1. Overview
      • 5.2.2. Global rigid plastic packaging market, 2015 - 2024 (Kilo Tons) (USD Million)
    • 5.3. Flexible
      • 5.3.1. Overview
      • 5.3.2. Global flexible plastic packaging market, 2015 - 2024 (Kilo Tons) (USD Million)
  •  
  • Chapter 6. Global Plastic Packaging Market: Application Segment Analysis
    • 6.1. Global Plastic Packaging Market Volume Share, by Application, 2017 and 2024
    • 6.2. Industrial
      • 6.2.1. Overview
      • 6.2.2. Global plastic packaging market for industrial, 2015 - 2024 (Kilo Tons) (USD Million)
    • 6.3. Food & Beverages
      • 6.3.1. Overview
      • 6.3.2. Global plastic packaging market for food & beverages, 2015 - 2024 (Kilo Tons) (USD Million)
    • 6.4. Automotive
      • 6.4.1. Overview
      • 6.4.2. Global plastic packaging market for automotive, 2015 - 2024 (Kilo Tons) (USD Million)
    • 6.5. Personal Care
      • 6.5.1. Overview
      • 6.5.2. Global plastic packaging market for personal care, 2015 - 2024 (Kilo Tons) (USD Million)
    • 6.6. Medical
      • 6.6.1. Overview
      • 6.6.2. Global plastic packaging market for medical, 2015 - 2024 (Kilo Tons) (USD Million)
    • 6.7. Others
      • 6.7.1. Overview
      • 6.7.2. Global plastic packaging market for other applications, 2015 - 2024 (Kilo Tons) (USD Million)
  •  
  • Chapter 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, 2017 and 2024
    • 7.2. North America
      • 7.2.1. Overview
      • 7.2.2. North America Plastic Packaging market, 2015 - 2024 (Kilo Tons) (USD Million)
      • 7.2.3. North America Plastic Packaging market volume, by product, 2015 - 2024 (Kilo Tons)
      • 7.2.4. North America Plastic Packaging market revenue, by product, 2015 - 2024 (USD Million)
      • 7.2.5. North America Plastic Packaging market volume, by application, 2015 - 2024 (Kilo Tons)
      • 7.2.6. North America Plastic Packaging market revenue, by application, 2015 - 2024 (USD Million)
      • 7.2.7. U.S.
        • 7.2.7.1. U.S. Plastic Packaging market volume, by product, 2015 - 2024 (Kilo Tons)
        • 7.2.7.2. U.S. Plastic Packaging market revenue, by product, 2015 - 2024 (USD Million)
        • 7.2.7.3. U.S. Plastic Packaging market volume, by application, 2015 - 2024 (Kilo Tons)
        • 7.2.7.4. U.S. Plastic Packaging market revenue, by application, 2015 - 2024 (USD Million)
      • 7.2.8. Rest of North America
        • 7.2.8.1. Rest of North America Plastic Packaging market volume, by product, 2015 - 2024 (Kilo Tons)
        • 7.2.8.2. Rest of North America Plastic Packaging market revenue, by product, 2015 - 2024 (USD Million)
        • 7.2.8.3. Rest of North America Plastic Packaging market volume, by application, 2015 - 2024 (Kilo Tons)
        • 7.2.8.4. Rest of North America Plastic Packaging market revenue, by application, 2015 - 2024 (USD Million)
    • 7.3. Europe
      • 7.3.1. Overview
      • 7.3.2. Europe Plastic Packaging market, 2015 - 2024 (Kilo Tons) (USD Million)
      • 7.3.3. Europe Plastic Packaging market volume, by product, 2015 - 2024 (Kilo Tons)
      • 7.3.4. Europe Plastic Packaging market revenue, by product, 2015 - 2024 (USD Million)
      • 7.3.5. Europe Plastic Packaging market volume, by application, 2015 - 2024 (Kilo Tons)
      • 7.3.6. Europe Plastic Packaging market revenue, by application, 2015 - 2024 (USD Million)
      • 7.3.7. UK
        • 7.3.7.1. UK Plastic Packaging market volume, by product, 2015 - 2024 (Kilo Tons)
        • 7.3.7.2. UK Plastic Packaging market revenue, by product, 2015 - 2024 (USD Million)
        • 7.3.7.3. UK Plastic Packaging market volume, by application, 2015 - 2024 (Kilo Tons)
        • 7.3.7.4. UK Plastic Packaging market revenue, by application, 2015 - 2024 (USD Million)
      • 7.3.8. France
        • 7.3.8.1. France Plastic Packaging market volume, by product, 2015 - 2024 (Kilo Tons)
        • 7.3.8.2. France Plastic Packaging market revenue, by product, 2015 - 2024 (USD Million)
        • 7.3.8.3. France Plastic Packaging market volume, by application, 2015 - 2024 (Kilo Tons)
        • 7.3.8.4. France Plastic Packaging market revenue, by application, 2015 - 2024 (USD Million)
      • 7.3.9. Germany
        • 7.3.9.1. Germany Plastic Packaging market volume, by product, 2015 - 2024 (Kilo Tons)
        • 7.3.9.2. Germany Plastic Packaging market revenue, by product, 2015 - 2024 (USD Million)
        • 7.3.9.3. Germany Plastic Packaging market volume, by application, 2015 - 2024 (Kilo Tons)
        • 7.3.9.4. Germany Plastic Packaging market revenue, by application, 2015 - 2024 (USD Million)
      • 7.3.10. Rest of Europe
        • 7.3.10.1. Rest of Europe Plastic Packaging market volume, by product, 2015 - 2024 (Kilo Tons)
        • 7.3.10.2. Rest of Europe Plastic Packaging market revenue, by product, 2015 - 2024 (USD Million)
        • 7.3.10.3. Rest of Europe Plastic Packaging market volume, by application, 2015 - 2024 (Kilo Tons)
        • 7.3.10.4. Rest of Europe Plastic Packaging market revenue, by application, 2015 - 2024 (USD Million)
    • 7.4. Asia Pacific
      • 7.4.1. Overview
      • 7.4.2. Asia-Pacific Plastic Packaging market, 2015 - 2024 (Kilo Tons) (USD Million)
      • 7.4.3. Asia-Pacific Plastic Packaging market volume, by product, 2015 - 2024 (Kilo Tons)
      • 7.4.4. Asia-Pacific Plastic Packaging market revenue, by product, 2015 - 2024 (USD Million)
      • 7.4.5. Asia-Pacific Plastic Packaging market volume, by application, 2015 - 2024 (Kilo Tons)
      • 7.4.6. Asia-Pacific Plastic Packaging market revenue, by application, 2015 - 2024 (USD Million)
      • 7.4.7. China
        • 7.4.7.1. China Plastic Packaging market volume, by product, 2015 - 2024 (Kilo Tons)
        • 7.4.7.2. China Plastic Packaging market revenue, by product, 2015 - 2024 (USD Million)
        • 7.4.7.3. China Plastic Packaging market volume, by application, 2015 - 2024 (Kilo Tons)
        • 7.4.7.4. China Plastic Packaging market revenue, by application, 2015 - 2024 (USD Million)
      • 7.4.8. Japan
        • 7.4.8.1. Japan Plastic Packaging market volume, by product, 2015 - 2024 (Kilo Tons)
        • 7.4.8.2. Japan Plastic Packaging market revenue, by product, 2015 - 2024 (USD Million)
        • 7.4.8.3. Japan Plastic Packaging market volume, by application, 2015 - 2024 (Kilo Tons)
        • 7.4.8.4. Japan Plastic Packaging market revenue, by application, 2015 - 2024 (USD Million)
      • 7.4.9. India
        • 7.4.9.1. India Plastic Packaging market volume, by product, 2015 - 2024 (Kilo Tons)
        • 7.4.9.2. India Plastic Packaging market revenue, by product, 2015 - 2024 (USD Million)
        • 7.4.9.3. India Plastic Packaging market volume, by application, 2015 - 2024 (Kilo Tons)
        • 7.4.9.4. India Plastic Packaging market revenue, by application, 2015 - 2024 (USD Million)
      • 7.4.10. Rest of Asia Pacific
      • 7.4.11. Rest of Asia Pacific Plastic Packaging market volume, by product, 2015 - 2024 (Kilo Tons)
      • 7.4.12. Rest of Asia Pacific Plastic Packaging market revenue, by product, 2015 - 2024 (USD Million)
      • 7.4.13. Rest of Asia Pacific Plastic Packaging market volume, by application, 2015 - 2024 (Kilo Tons)
      • 7.4.14. Rest of Asia Pacific Plastic Packaging market revenue, by application, 2015 - 2024 (USD Million)
    • 7.5. Latin America
      • 7.5.1. Overview
      • 7.5.2. Latin America Plastic Packaging market, 2015 - 2024 (Kilo Tons) (USD Million)
      • 7.5.3. Latin America Plastic Packaging market volume, by product, 2015 - 2024 (Kilo Tons)
      • 7.5.4. Latin America Plastic Packaging market revenue, by product, 2015 - 2024 (USD Million)
      • 7.5.5. Latin America Plastic Packaging market volume, by application, 2015 - 2024 (Kilo Tons)
      • 7.5.6. Latin America Plastic Packaging market revenue, by application, 2015 - 2024 (USD Million)
      • 7.5.7. Brazil
        • 7.5.7.1. Brazil Plastic Packaging market volume, by product, 2015 - 2024 (Kilo Tons)
        • 7.5.7.2. Brazil Plastic Packaging market revenue, by product, 2015 - 2024 (USD Million)
        • 7.5.7.3. Brazil Plastic Packaging market volume, by application, 2015 - 2024 (Kilo Tons)
        • 7.5.7.4. Brazil Plastic Packaging market revenue, by application, 2015 - 2024 (USD Million)
      • 7.5.8. Rest of Latin America
        • 7.5.8.1. Rest of Latin America Plastic Packaging market volume, by product, 2015 - 2024 (Kilo Tons)
        • 7.5.8.2. Rest of Latin America Plastic Packaging market revenue, by product, 2015 - 2024 (USD Million)
        • 7.5.8.3. Rest of Latin America Plastic Packaging market volume, by application, 2015 - 2024 (Kilo Tons)
        • 7.5.8.4. Rest of Latin America Plastic Packaging market revenue, by application, 2015 - 2024 (USD Million)
    • 7.6. Middle East & Africa
      • 7.6.1. Overview
      • 7.6.2. Middle East & Africa Plastic Packaging market, 2015 - 2024 (Kilo Tons) (USD Million)
      • 7.6.3. Middle East & Africa Plastic Packaging market volume, by product, 2015 - 2024 (Kilo Tons)
      • 7.6.4. Middle East & Africa Plastic Packaging market revenue, by product, 2015 - 2024 (USD Million)
      • 7.6.5. Middle East & Africa Plastic Packaging market volume, by application, 2015 - 2024 (Kilo Tons)
      • 7.6.6. Middle East & Africa Plastic Packaging market revenue, by application, 2015 - 2024 (USD Million)
  •  
  • Chapter 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

Methodology

Free Analysis

Plastics are derived from the organic (carbon-containing) compounds and it exhibits the property of malleability. Due to this property, it is in great demand particularly in the packaging industry across the globe. Plastic is mainly derived synthetically from petrochemicals. The raw material is easily available and has a low production cost. Thus, the production of plastic is high, especially in the Asia Pacific region. Plastic packaging finds numerous applications in several sectors such as in the food & beverages, automotive, medical, personal care, and industrial sectors, among others.

The global plastic packaging market is primarily driven by numerous parameters, which majorly includes growing demand for plastic packaging in the food and beverages industry. Moreover, escalating demand for plastic packaging in the personal care industry is another driving force which is expected to drive the market for plastic packaging in the coming years. However, stringent rules and regulations over the use of plastic products may slow down the growth of the market. Nonetheless, emerging food and beverages industry in developing countries such as China, India, Brazil, and South Africa may provide the new avenues for the plastic packaging industry in the years to come. 

Global Plastic Packaging Market

Based on the types of plastic packaging, the market is bifurcated into rigid plastic packaging and flexible plastic packaging. Among these two types, flexible plastic packaging dominated the global plastic packaging market in 2017. Furthermore, the flexible plastic packaging is predicted to be the fastest growing segment of the market over the next few years. Flexible plastic packaging has a great demand in various application sectors such as the food industry, household appliances, textile industry, etc. Whereas, the rigid plastic packaging is likely to exhibit exponential growth over the coming years due to the immense growth in pharmaceutical, beverages, and personal care products industry across the world. 

Industrial, food & beverages, automotive, medical, and personal care, among others are some of the major applications of the global plastic packaging market. Among these, the food and beverages sector was the most lucrative segment of the global plastic packaging market in 2017. Moreover, it is also predicted to witness the highest CAGR over in the coming future. Growing demand for convenience and the packed food is a major driving force which will accelerate the profit margin of the food and beverages application segment of the market in the near future. Personal care and automotive segments are the important outlets that are projected to witness significant growth within the forecast period. The industrial and medical segment is expected to experience moderate growth in the next few years. 

In terms of regions, the global plastic packaging market was dominated by the Asia Pacific in 2017. The emerging demand for plastic packaging especially from the food & beverages industry and personal care industry in China, India, Korea, Indonesia, and Thailand is expected to propel the growth of the market. The Asia Pacific was followed by North America and Europe in the same year. Moreover, Latin America and the Middle East & Africa are likely to experience a noteworthy growth of the market within the forecast period.  
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.

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