Plastic Packaging Market Research Report - Forecast to 2022

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Plastic Packaging Market Research Report -
Forecast to 2022
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• Global Plastic Packaging Market Information by
  Type (Rigid packaging and Flexible packaging) by
  Application (Food beverages, Industrial,
  Healthcare, Personal care, and others) and by
  Region - Forecast to 2022
• Market Scenario
• The market for plastic packaging is driven by
  growth in food beverages and healthcare
  industries globally. The change in consumers
  lifestyle with rapid urbanization has augmented
  the demand for plastic packaging. The consumers
  demand convenience processed and packaged foods
  which reduce the cooking time. This has resulted
  in increasing use of plastic packaging in food
  beverage industries. Food beverage was valued
  as the largest application for plastic packaging
  market in 2015. Over 54 of the volume
  consumption in 2015 was attributed to the food
  beverage industry. It is expected to show far
  reaching results by 2022 in the APAC region.
  Furthermore the increasing health risks and
  growing health and fitness awareness has further
  fueled the market for plastic packaging. The
  global plastic packaging market is expected to
  cross USD 400 Billion at the end of the
  forecasted period and is expected to grow at CAGR
  of approximately 5 from 2016 to 2022.
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• Market Segmentation

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• Regional Analysis of Global Packaging Machinery
  Market
• APAC dominates the global plastic packaging
  market with its fast growing market worldwide.
  Over 35 of total volume consumption in 2015 was
  valued for APAC region. The region is expected to
  show some rapid development in healthcare and
  food beverages industries along with increased
  investment in the same. This would result in an
  expanding share of APAC in global plastic
  packaging market by 2022.
• However, North America had the largest market
  size in 2015 and is expected to show steady
  growth by 2022. Europe and Rest of the World are
  also expected to grow from 2016 to 2022. The food
  and beverage market in Europe is expected to show
  some staggering growth which is expected to drive
  the plastic packaging market by 2022.
• Key Players
• The key players of Global Plastic Packaging
  Market report include- Amcor Ltd, BASF SE, Crown
  Holdings Inc., Saint-Gobain, Bemis Company Inc.,
  Huhtamaki Oyj, Mondi Group, Sealed Air
  Corporation, Sonoco Products Company, Constantia
  Flexibles International GmbH, Ampac Holdings LLC
  and Wipak Group.
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