Plastic Packaging Industry To Grow As Of Rising Demand For Convenient Takeaway Packaging | Report to 2030

 Grand View Research’s plastic packaging sector data book is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports.


Access the Global Plastic Packaging Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies


Beverage Packaging Market Report Highlights


The global beverage packaging market size is expected to reach USD 173.26 billion by 2025, according to a new report by Grand View Research, Inc., progressing at a CAGR of 4.5% during the forecast period.


• The global beverage packaging market is projected to reach USD 173.26 billion by 2025, registering a CAGR of 4.5% from 2017 to 2025
• In terms of revenue, bottle & jars were the largest product segment in 2016, accounting for 33.4% of the global market. Rise in demand for bottled drinking water is poised to supplement the demand for bottles & jars
• Glass was the most significant material segment in 2016 and is expected to maintain its dominance throughout the forecast period
• Asia Pacific was the leading revenue generating region in 2016, while North America is estimated to register the fastest CAGR from 2017 to 2025
• Rapid growth in the e-commerce industry is driving the change and demand for packaging
• Key players include Mondi PLC; Sonoco Product Company; Bemis Company Inc.; Alcoa Corporation; and Stora ENSO.

 

Order your copy of Free Sample of “Plastic Packaging Industry Data Book - Food & Beverage, Personal & Household, Industrial and Pharmaceutical/ Healthcare Plastic Packaging Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research

 

Pharmaceutical Packaging Market Report Highlights


The global pharmaceutical packaging market size is expected to reach USD 265.70 billion by 2030, expanding at a CAGR of 9.7% from 2023 to 2030, according to a new study by Grand View Research, Inc.

• Asia Pacific accounted for the major share of the pharmaceutical packaging market in 2022. It is expected to grow at a more than CAGR of 13% over the forecast period. This growth is due to the rapidly expanding pharmaceutical market, particularly in China & India, and rising cases of various diseases, such as cancer and heart problems
• In terms of material, the glass segment is projected to ascend at the highest CAGR of 10.3% over the forecast period. Strong chemical resistance to various medicinal products and the ability to withstand heating treatment during the sterilization process is expected to expand the penetration of glass packaging
• The contract packing segment accounted for 36.7% of revenue share in 2022. Regulatory requirements associated with pharmaceuticals and their packaging are gradually becoming stringent, and contract packaging organizations are in a better place to address those changes. This factor is boosting the demand for contract packaging services
• In April 2022, Amcor has launched new and more sustainable High Shield laminates to its pharmaceutical packaging portfolio. This is low carbon, recycle-ready, and moisture resistant packaging solution, thus end use companies’ recyclability agendas


Go through the table of content of Plastic Packaging Industry Data Book to get a better understanding of the Coverage & Scope of the study

 

Competitive Landscape


Key players operating in the Plastic Packaging Industry are –
• Amcor plc
• Myers Industries, Inc
• Sealed Air
• Coveris
• Sonoco Products Company
• CCL Industries
• WINPAK LTD
• ALPLA
• Berry Global, Inc.
• Constantia Flexibles
• Mondi
• DS Smith Plc
• Huhtamaki
• Pro-Pac Packaging Limited
• Pactiv LLC
• WestRock Company

Check out more Industry Data Books, published by Grand View Research

 

About Grand View Research


Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

 

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