The PCR Plastic Packaging Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s PCR Plastic Packaging Global Market Report 2024, The PCR plastic packaging market size is expected to seestrong growth in the next few years. It will grow to $67.05 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to global plastic reduction targets, rising consumer demand for sustainable packaging, increased corporate sustainability goals, expansion of circular economy initiatives, and integration of recycled materials in branding. Major trends in the forecast period include increased use in luxury packaging, customization and brand personalization, advanced smart packaging with PCR components, regenerative packaging models, and bio-based PCR plastics.
Growing e-commerce activities are expected to propel the growth of the PCR plastic packaging market. E-commerce activities encompass online buying and selling, digital payments, and diverse transaction models, revolutionizing commerce through the Internet. PCR plastic is frequently employed in e-commerce shipping, such as mailers, bubble wrap, and protective packaging, striking a balance between durability and environmental responsibility, thereby diminishing dependence on virgin plastics. For instance, in November 2023, according to a report published by the U.S. Census Bureau, a division of the United States Department of Commerce, in the third quarter of 2023, retail e-commerce sales in the United States amounted to approximately $284.1 billion, reflecting a growth of 2.3% compared to the second quarter of 2023. Therefore, the rapid growth in e-commerce activities will drive the growth of the PCR plastic packaging market.
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The pcr plastic packaging market covered in this report is segmented –
1) By Material: Polyethylene Terephthalate (PET), Polystyrene (PS), High Density Polyethylene (HDPE), Low Density Polyethylene (LDPE), Polyvinyl Chloride (PVC), Other Materials
2) By Packaging Type: Pouches, Rollstock, Bags, Films And Wraps, Other Packaging Types
3) By End Use Industry: Food, Beverages, Pharmaceuticals, Cosmetics And Personal Care, Homecare And Toiletries, Electronics, Other End Use Industries
Major companies operating in the PCR plastic packaging market are focusing on innovative product development and sustainable branding, such as 100% PCR bottles, to advance environmental sustainability by utilizing postconsumer recycled materials in packaging solutions. 100 percent PCR bottles are packaging containers made entirely from postconsumer recycled plastic, reflecting a commitment to environmental sustainability and circular economy practices. For instance, in November 2023, Berry Global Group, Inc., a US-based manufacturer of plastic packaging products, introduced a line of reusable bottles crafted entirely from post-consumer recycled plastic (PCR) for The Bio-D Co., a UK-based environmentally conscious cleaning company. The available sizes include 25-ounce, 33-ounce, and 1.3-gallon options for Bio-D's range of liquid products, such as laundry detergent, fabric conditioner, dishwasher rinse aid, dish soap, and home and garden cleaner. Bio-D, committed to providing naturally derived alternatives to toxic chemicals for safe and eco-friendly cleaning, plans to distribute these PCR bottles, which can be refilled at over 300 refill stores nationwide. The end-of-life bottles are now recyclable, contributing to a reduction of 14.3 tons of annual CO2 emissions compared to using virgin plastic.
The pcr plastic packaging market report table of contents includes:
- Executive Summary
- PCR Plastic Packaging Market Characteristics
- PCR Plastic Packaging Market Trends And Strategies
- PCR Plastic Packaging Market - Macro Economic Scenario
- Global PCR Plastic Packaging Market Size and Growth
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- Global PCR Plastic Packaging Market Competitive Benchmarking
- Global PCR Plastic Packaging Market Competitive Dashboard
- Key Mergers And Acquisitions In PCR Plastic Packaging Market
- PCR Plastic Packaging Market Future Outlook and Potential Analysis
- Appendix
Top Major Players :
- Amcor Limited
- Berry Global Group Inc.
- Mondi Group
- DS Smith Plc
- Sonoco Products Company
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Flexible Plastic Packaging is a non-rigid method of plastic packaging.
The process uses flexible plastic materials that can easily change shape based on the nature of the product being packaged.Flexible plastic packaging is widely used in food, household products, medical products, personal care products, and others.The technical barriers of flexible plastic packaging are relatively low, and the flexible plastic packaging enterprise disperse in many countries, and the relative large companies include Amcor, Bemis, Sealed Air, Sonoco, Berry Plastics, Constantia Flexibles, Linpac, Huhtamaki and others.https://www.grandresearchstore.com/report-sample/global-flexible-plastic-packaging-2019-2024-735According to this study, over the next five years the Flexible Plastic Packaging market will register a 3.0% CAGR in terms of revenue, the global market size will reach US$ 97000 million by 2024, from US$ 83600 million in 2019.
In particular, this report presents the global market share (sales and revenue) of key companies in Flexible Plastic Packaging business, shared in Chapter 3.This report presents a comprehensive overview, market shares, and growth opportunities of Flexible Plastic Packaging market by product type, application, key manufacturers and key regions and countries.This study considers the Flexible Plastic Packaging value and volume generated from the sales of the following segments:Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.PPPEPETSegmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.Food IndustryPharmaceuticalPersonal & HomecareThis report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.AmericasUnited StatesCanadaMexicoBrazilAPACChinaJapanKoreaSoutheast AsiaIndiaAustraliaEuropeGermanyFranceUKThe report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.The key manufacturers covered in this report: Breakdown data in in Chapter 3.AmcorBemisSealed AirSonocoBerry PlasticsConstantia FlexiblesLinpacHuhtamakiWipak GroupProAmpacUkrplasticNovelZijiangSouthern Packaging GroupIn addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole.
It also analyzes key emerging trends and their impact on present and future development.Research objectivesTo study and analyze the global Flexible Plastic Packaging consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.To understand the structure of Flexible Plastic Packaging market by identifying its various subsegments.Focuses on the key global Flexible Plastic Packaging manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.To analyze the Flexible Plastic Packaging with respect to individual growth trends, future prospects, and their contribution to the total market.To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).To project the consumption of Flexible Plastic Packaging submarkets, with respect to key regions (along with their respective key countries).To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.To strategically profile the key players and comprehensively analyze their growth strategies.Get the Complete Report & TOC @ https://www.grandresearchstore.com/chemicals-and-materials/global-flexible-plastic-packaging-2019-2024-735Table of content2019–2024 Global Flexible Plastic Packaging Consumption Market Report1 Scope of the Report1.1 Market Introduction1.2 Research Objectives1.3 Years Considered1.4 Market Research Methodology1.5 Economic Indicators1.6 Currency Considered2 Executive Summary2.1 World Market Overview2.1.1 Global Flexible Plastic Packaging Consumption 2014–20242.1.2 Flexible Plastic Packaging Consumption CAGR by Region2.2 Flexible Plastic Packaging Segment by Type2.2.1 PP2.2.2 PE2.2.3 PET2.3 Flexible Plastic Packaging Consumption by Type2.3.1 Global Flexible Plastic Packaging Consumption Market Share by Type (2014–2019)2.3.2 Global Flexible Plastic Packaging Revenue and Market Share by Type (2014–2019)2.3.3 Global Flexible Plastic Packaging Sale Price by Type (2014–2019)2.4 Flexible Plastic Packaging Segment by Application2.4.1 Food Industry2.4.2 Pharmaceutical2.4.3 Personal & Homecare2.5 Flexible Plastic Packaging Consumption by Application2.5.1 Global Flexible Plastic Packaging Consumption Market Share by Application (2014–2019)2.5.2 Global Flexible Plastic Packaging Value and Market Share by Application (2014–2019)2.5.3 Global Flexible Plastic Packaging Sale Price by Application (2014–2019)CONTACT US:276 5th Avenue, New York , NY 10001,United StatesInternational: (+1) 646 781 7170 / +91 8087042414Email: [email protected] Us On linkedin :- https://www.linkedin.com/company/grand-research-store/
