Global Packaging Resins Market By Type (Low Density Polyethylene (LDPE), Polypropylene (PP), High Density Polyethylene (HDPE), Polystyrene (PS) & Expanded Polystyrene (EPS), Polyethylene Terephthalate (PET), Polyvinyl Chloride (PVC)), Application (Food & Beverage, Consumer Goods, Healthcare, Industrial, Others), 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 2027
Market Analysis and Insights: Global Packaging Resins Market
Packaging resins market will reach an estimated valuation of USD 376.14 billion by 2027, while registering this growth at a rate of 6.3% for the forecast period of 2020 to 2027. Data Bridge Market Research report on packaging resins market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
The growing demand for packaging resins across various industrial sectors such as consumer goods and food & beverages, will help impact the packaging resins market growth in the forecast period of 2020 to 2027. The rationalizing of packaging materials, increasing application scope in the healthcare industry, cost-effectiveness and increased shelf-life of products are also expected to progress the market growth. On the other hand, increasing demand for sustainable packaging solutions and modern packaging technologies will further boost ample opportunities that will lead to the growth of the market.
Rising concerns pertaining to plastic disposal along with recyclability of flexible plastics will act as major restraints to the growth of the market.
This packaging resins market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, 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 packaging resins 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 Packaging Resins Market Scope and Market Size
Packaging resins market is segmented on the basis of type and application. 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 type, the packaging resins market is segmented into low density polyethylene (LDPE), polypropylene (PP), high density polyethylene (HDPE), polystyrene (PS) & expanded polystyrene (EPS), polyethylene terephthalate (PET) and polyvinyl chloride (PVC).
- Packaging resins market is segmented in terms of market value, volume, market opportunities, and niches into multiple applications. The application segment for packaging resins market is segmented into food & beverage, consumer goods, healthcare, industrial and others.
Packaging Resins Market Country Level Analysis
Packaging resins market is analyzed and market size, volume information is provided by country, type and application as referenced above.
The countries covered in the market report are 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 Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the packaging resins market in terms of revenue due to the growing demand from various packaging industries and rising investments by public and private manufacturers in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts 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, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Packaging Resins Market Share Analysis
Packaging resins market competitive landscape provides details by 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 packaging resins market.
The major players covered in the packaging resins market report are China Petroleum & Chemical Corporation, Exxon Mobil Corporation, Lyondellbasell Industries Holdings B.V, SABIC, Petrochina Company Limited, Borealis AG, Braskem, DowduPont, Indorama Ventures Public Company Ltd., M&G Chemicals S.A. , Arkema S.A, BASF SE, Borouge, DAK Americas, Far Eastern New Century Corporation, Ineos Group AG, Jiangsu Sanfangxiang Group Co., Ltd., Reliance Industries Ltd., Styrolution Group GmbH and Total S.A., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.