A recent report published by Infinium Global Research on the 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 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, manufacturer's 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 largest market of polyethylene packaging owing to the dominance of the food and beverage industries in this region.
The report on the 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.