PVC Packaging Materials Market – Size, Share, Outlook, and Opportunity Analysis, 2018 – 2025

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PVC Packaging Materials Market
GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND
OPPORTUNITY ANALYSIS, 2018-2025
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REPORT DESCRIPTION
PVC Packaging Materials MarketOverview
Polyvinyl chloride (PVC) packaging material is
used in various end-use industries such as
personal care, food and beverages, medical, and
others, owing to its properties such as light
weight, good impact strength, resistance to oil,
grease and chemicals, and others. The high
versatility of plastic enables in reuse and
recycling. PVC packaging requires less fuel to
produce as compared to that of other packaging
materials such as metal and glass. According to
Plastics Europe, the energy required for PET
(polyethylene terephthalate) and HDPE (high
density polyethylene) was 82.7 GJ (gigajoule) per
ton and 76.7 GJ per ton whereas, for PVC was 56.7
GJ per ton. Furthermore, it also protects against
contamination by helping to prevent the spread of
germs during manufacturing and distribution.
These factors are propelling the PVC packaging
materials market growth. Growing demand from
processed food is also expected to drive growth
of PVC packaging market. This is owing to high
use of PVC packaging in processed foods, due to
its aforementioned properties. According to U.S.
Department of Agriculture, Foreign Agricultural
Service, in Germany, the processed food and
drinks market was valued at US 190 billion in
2016 and the food industry represented the
third-largest processing industry in Germany.
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REPORT DESCRIPTION
PVC Packaging Materials MarketOutlook
Europe holds a significant position in the global
PVC packaging materials market growth, owing to
growing personal care and cosmetics industry in
the region. This is owing to increasing use of
PVC in packaging of cosmetic products as these
are resistant to oil, grease, and chemicals.
According to Cosmetic Europe, cosmetics and
personal care industry in Europe was valued at
US 94.13 billion in 2015 with Germany (US 15.89
billion) positioned as the largest market,
followed by the U.K. (US 14.06 billion), France
(US 13.94 billion), and Italy (US 12.10
billion), respectively. Asia Pacific is expected
to be the fastest growing region in global PVC
packaging materials market over the forecast
period. Increasing demand for PVC packaging
products in pharmaceutical industry in China and
India is one of the factors fueling growth of PVC
packaging materials market. According to India
Brand Equity Foundation (IBEF), the
pharmaceutical industry in India accounted for
2.4 of the global pharmaceutical industry and is
expected to expand at a CAGR of 12.89 during
2015 2020. Furthermore, increasing consumer
preferences for packaged goods coupled with
growing retail industry is expected to
significantly affect growth of the market in the
forecast period. For instance, India Brand Equity
Foundation (IBEF), Government of India, the
retail market is expected to nearly double to US
1 trillion by 2020 from US 600 billion in
2015. Download PDF Brochure _at_ https//www.coherent
marketinsights.com/insight/request-pdf/1923
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REPORT DESCRIPTION
PVC Packaging Materials MarketSegmentation

• On the basis of application, the PVC packaging
  materials market is segmented into
• Rigid
• Flexible
• Others
• On the basis of end-use industry, the PVC
  packaging materials market is segmented into
• Food Beverages
• Industrial
• Personal Care
• Medical
• Others
• To know the latest trends and insights prevalent
  in this market, click the link below _at_
  https//www.coherentmarketinsights.com/ongoing-ins
  ight/pvc-packaging-materials-market-1923

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REPORT DESCRIPTION
PVC Packaging Materials MarketKey Players

• Reliance Industries Limited
• Palram Industries Ltd.
• Bilcare Singapore Pte Limited
• Jinhua Zhong Bang packaging materials Co.Ltd.
• Teknor Apex Company, Inc.

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