Global Plastic Corrugated Packaging Market, By Packaging Type (Folding Boxes, Trays, Crates, Inserts and Dividers and Bins and Racks), Material Type (Polypropylene (PP) Plastics Corrugated Packaging Materials, Polyethylene (PE) Plastics Corrugated Packaging Materials, Polyethylene Terephthalate (PET) Plastics Corrugated Packaging Materials and Polycarbonate (PC) Plastics Corrugated Packaging Materials), End Use Industry (Retail, Advertising, Automotive, Medical, Agriculture, Consumer Electronics, Electricals, Recovery and Recycling and Other Industrial),), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights: Global Plastic Corrugated Packaging Market
The plastics corrugated packaging market is expected to witness market growth at a rate of 5.1% in the forecast period of 2021 to 2028 and is expected to reach USD 3,721.8 million by 2028. Data Bridge Market Research report on plastics corrugated packaging market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the demand of effective and efficient packaging from food and beverages industry is escalating the growth of plastics corrugated packaging market.
Plastic corrugated boxes are known to be reusable in nature. They are thin sheets and are lightweight to handle in comparison to other rigid plastic containers. Moreover, plastic corrugated packaging products have high resistance to water, therefore, are highly preferred from the manufacturing end.
Major factors that are expected to boost the growth of the plastics corrugated packaging market are because of the government regulation for the sustainable and environment-friendly packaging. Furthermore, the rise in the alertness of consumer regarding the ill effect of unsustainable packaging waste is further anticipated to propel the growth of the plastics corrugated packaging market. Moreover, the increase in the need for frozen cigarette foods, dry foods is further estimated to cushion the growth of the plastics corrugated packaging market. On the other hand, COVID-19 pandemic has shut-down the manufacturing of several products in the plastic corrugated packaging industry because of the lockdown in countries around the world is further projected to impede the growth of the plastics corrugated packaging market in the timeline period.
- In addition, the growing need of e-commerce will further provide potential opportunities for the growth of the plastics corrugated packaging market in the coming years. However, dearth of alertness regarding the plastic corrugated packaging and utilization of cardboard packaging might further challenge the growth of the plastics corrugated packaging market in the near future.
This plastics corrugated packaging market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on plastics corrugated packaging market, contact Data Bridge Market Research for an Analyst Brief. Our team will help you take an informed market decision to achieve market growth.
Global Plastic Corrugated Packaging Market Scope and Market Size
The plastics corrugated packaging market is segmented on the basis of packaging type, material type and end use industry. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of packaging type, the plastics corrugated packaging market is segmented into folding boxes, trays, crates, inserts and dividers and bins and racks.
- On the basis of material type, the plastics corrugated packaging market is segmented into polypropylene plastics corrugated packaging materials (PP), polyethylene (PE) plastics corrugated packaging materials, polyethylene terephthalate (PET) plastics corrugated packaging materials and polycarbonate (PC) plastics corrugated packaging materials.
- On the basis of end use industry, the plastics corrugated packaging market is segmented into retail, advertising, automotive, medical, agriculture, consumer electronics, electricals, recovery and recycling and other industrial.
Plastic Corrugated Packaging Market Country Level Analysis
The plastics corrugated packaging market is analyzed, and market size, volume information is provided by country, packaging type, material type and end use industry as referenced above.
The countries covered in the plastics corrugated packaging market report are the U.S., Canada, and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, rest of the Middle East and Africa (M.E.A.) as a part of the Middle East and Africa (M.E.A.), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the plastics corrugated packaging market due to having the largest number of pharmaceutical companies. Furthermore, occurrence of major key players will further boost the growth of the plastics corrugated packaging market in the region during the forecast period. Asia-Pacific is projected to observe significant amount of growth in the plastics corrugated packaging market due to rise in the e-commerce industries, retail industries, consumer goods industries and others.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as consumption volumes, production sites, and volumes, import-export analysis, price trend analysis, cost of raw materials, downstream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Plastic Corrugated Packaging Market Share Analysis
The plastics corrugated packaging market competitive landscape provides details by a competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to the plastics corrugated packaging market.
The major players covered in the plastics corrugated packaging market report are DS Smith, Coroplast, Dynapac Co., Ltd., FLEXcon Company, Inc., Söhner Kunststofftechnik GmbH, Technology Container Corp., MDI., American Containers, Yamakoh, Co., Ltd., Samuel Grant Group Ltd, Amatech Inc., Twinplast., Dongguan Jianxin Plastic Products Co., ORBIS Corporation, Androp Packaging, INC., Shish Industries Ltd., Mills Industries, Classic Enterprises Pvt Ltd, Packman Packaging Private Limited and Siddhiplast among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (M.E.A.) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
SKU-