A recent report published by Infinium Global Research on polyethylene packaging market provides an in-depth analysis of segments and sub-segments in the global as well as regional polyethylene packaging market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional polyethylene packaging market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global polyethylene packaging market. According to the report, the global polyethylene packaging market is projected to grow at a CAGR of 4.2% over the forecast period of 2019-2025.
Consumers are continuously showing their interest in polyethylene packaging owing to its lightweight and easy to handle anywhere. Similarly, big manufacturers also prefer to use polyethylene packaging owing to their low cost and lightweight. Everywhere from plastic containers, bags, bottles to plastic toys, a large number of plastic items, are used in day to day life are made from polyethylene. It is one of the popular thermoplastic material available today. Polyethylene is a lightweight and durable thermoplastic with a variable crystalline structure. Further, it is used in several applications, which range from laminates, films, and tubes in several sectors such as automotive, electrical and packaging. It is produced on basis of a family of polymers which derived from various α-olefin co-monomers. It is widely used for commodity packaging.
The high-density polyethylene polymers and polyethylene terephthalate are expanding the application of plastic packaging in the liquid packaging segment. These products are mostly used for food and beverage packaging purposes, such as for milk and fresh juice products. Further, the increasing demand for the food and beverage products among the young and middle-class consumers is helping to grow its market. Additionally, the growing demand for quality packaging and ready meal, manufacturers concern for a longer shelf life of the product and consumer convenience is driving the growth of the global polyethylene packaging market. However, the government bans the application of the different types of plastic and related material, and its manufacturing is hampering the growth of the polyethylene packaging market in the short term. Moreover, strategies adopted by various FMCG industries to attract customer with a package differentiation by its type and design offers growth opportunities for the polyethylene packaging market.
Geographically, the polyethylene packaging market is segmented into North America, Europe, the Asia Pacific and the RoW. The Asia Pacific is the large market player of polyethylene packaging owing to the dominance of food and beverage industries in this region.
The report on global polyethylene packaging market covers segments such as type and application. On the basis of type, the sub-markets include HDPE, and LDPE. On the basis of application, the sub-markets include food and beverage, medical, and others.
The report provides profiles of the companies in the market such as Amcor, Bemis, Berry Plastics, Sealed Air, Sonoco, Constantia Flexibles, Daibochi Plastic, DS Smith, Flextrus, and Graham Packaging.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of polyethylene packaging market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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