The polyethylene packaging market will register a CAGR of over 5% by 2023.
Innovations in packaging to improve convenience is one of the major growth driver of the global polyethylene packaging market. Customer convenience has become a priority for most vendors operating in the global polyethylene packaging market. While many consumer goods packaging companies are planning to launch innovative products, most of these companies are focusing on new packaging designs or redesigning their existing packaging. The millennial population, especially working professionals with busy schedules, looks for convenience in everyday products, especially food, beverages, and personal care products.
Growth in demand for sustainable packaging solutions
Dynamic industry changes such as the introduction of new regulations influence manufacturers to develop new packaging options. Thus, the growth in demand for sustainable packaging solutions will drive the growth of the market.
Increasing demand for substitutes
The global market is expected to witness strong competition from substitute packaging products including flexible and rigid packaging materials such a PET, wooden pallets, plastic straps, metal straps. The high demand of these substitute products is expected to hinder the growth of the market.
The market appears to be fragmented and with the presence of several companies including Sealed Air Corp. and Sonoco Products Co., the competitive environment is quite intense. Amcor Ltd., Berry Global Inc., Coveris Management GmbH, Sealed Air Corp., and Sonoco Products Co. are some of the major companies covered in this report.
Key Topics Covered:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
Market segmentation analysis
PART 04: MARKET SIZING
Market sizing 2018
Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
PART 06: MARKET SEGMENTATION BY TYPE
Market segmentation by type
Comparison by type
HDPE - Market size and forecast 2018-2023
LDPE - Market size and forecast 2018-2023
Market opportunity by type
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
APAC - Market size and forecast 2018-2023
North America - Market size and forecast 2018-2023
Europe - Market size and forecast 2018-2023
South America - Market size and forecast 2018-2023
MEA - Market size and forecast 2018-2023
Key leading countries
PART 09: MARKET SEGMENTATION BY APPLICATION
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
Increasing adoption of bioplastics
Increase in mergers and acquisitions
New product launches
PART 13: VENDOR LANDSCAPE
PART 14: VENDOR ANALYSIS
Market positioning of vendors
Berry Global Inc.
Coveris Management GmbH
Sealed Air Corp.
Sonoco Products Co.
For more information about this report visit https://www.researchandmarkets.com/r/taqi7y