Market Research Reports

The   plastic packaging   industry is highly fragmented in nature, with the top five companies accounting for merely 11% share of the in 2013. This has led to low market concentration as there are a large number of plastic packaging manufacturers in the market. Moreover, the key focus of the industry is on the development of innovative products through technical advancement. These factors help in lowering the entry barriers for newcomers. However, environmental regulations regarding certain materials used in the manufacture of plastic packaging are expected to hamper the growth rate of the market. Nevertheless, growing demand for plastic packaging coupled with its increasing application scope is expected to provide new opportunities for the growth of existing companies as well as lower the entry barriers for new entrants. Amcor Ltd., Sealed Air Corporation, Bemis Company, Inc., Sonoco Products Company, and Mondi plc are some of the prominent names in the market, while ...

According to a report published by Transparency Market Research (TMR), the  global plastic packaging market , which stood at US$259.6 bn in 2013, will reach US$370.2 bn by the end of 2020. If the figure holds true, the global market for plastic packaging will exhibit a CAGR of 5.20% between 2014 and 2020. The report is titled “ Plastic Packaging Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020 ” and is available on the company website for sale. The global plastic packaging market, according to the study, is gaining much demand from the rapidly expanding food and beverages industry. The present generation of consumers prefers flexible packaging more than their traditional counterparts. This in turn fuels demand from the global plastic packaging market. Additionally, growing demand from the pharmaceutical industry is also anticipated to boost the global plastic packaging market. However, despite such impressive growth potential, the mark...