The Fact.MR report also tracks the plastic protective packaging market for the forecast period 2018 to 2028. According to the report, the plastic protective packaging market is expected to register 6.7% CAGR through 2028. The plastic protective packaging market is projected to exceed 9 million tons in 2019, according to a new study by Fact.MR. Plastic protective packaging industry continues to remain influenced by various factors that range from focus of manufacturers on streamlining and optimization of plastic protective packaging, to advancements in plastic properties in line with reduced waste.
Consumer inclination toward online shopping has witnessed a dramatic rise in recent years, which in turn has boosted growth of the ecommerce sector significantly. Sensing the role of protective packaging the overall end-user experience, leading players in the plastic protective packaging market are focusing on easy-to-use designs, along with consistent branding activities. The study finds that plastic protective packaging market players are moving ahead of the one-size-fits-all approach, directing their focus toward offerings solutions that suit well with unique physical properties of goods, along with developments in characteristics.
Constant rise in the ecommerce sector has also meant that the plastic protective packaging manufacturers are putting more efforts on new product developments and innovations. Key online retailers are using automated packaging machines to integrate air cushions in package, while, small businesses with limited access to shipping and major distribution facilities are using plastic mailers due to the cost-efficiency.
According to the report, the demand for stretch wrap will remain relatively larger in light of its better recyclability and dust, moisture and tamper resistance. Sales of the LDEP resin-based stretch wrap are expected to close in on 3 million tons in 2019, which can be attributed to their amenability to heat shrinking, and high clarity. Moreover, better resistance to impact, moisture, and chemicals, along with recyclability has resulted in the wide application of LDPE resin in production of stretch wrap. Meanwhile, in recent years, the use of LLDPE resin has also increased in plastic protective packaging as it is a cost-effective alternative, and offers high strength in various conditions.
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Growing Environmental Concerns and Increasing Use of Flexible Packaging
Environmental concerns has led to some significant changes in the development of protective packaging. Demand for reduced waste and more-efficient packaging is high among large retailers, with an aim to reduce secondary and transit packaging waste at retail sites. Growing concerns regarding harmful effects of plastic on environment and health has led to the development and adoption of biodegradable plastics that meet all the technical requirements of the existing plastic protective packaging.
The Global Plastic Protective Packaging Market Report 2020-2026 provides comprehensive and in-depth qualitative and quantitative measure for the period from 2020 to 2025.
The report presents drivers, restraints, opportunities, demand factors, market size, forecasts, and trends within the global market.
The quantitative tools used in the report, like Porter's five forces model, give insights into the competitive rivalry, supplier and buyer bargaining power in the market, and opportunities for the potential entrants in the globalThe research methodologies used to curate the information before coming to conclusion are vast and in-depth.
Thus, the accuracy and details of the information in the report are marked and checked by our senior and most experienced analysts.For Right Perspective & Competitive Insights, Request a Sample @: https://introspectivemarketresearch.com/request/13680Key Player Mentioned: Berry Global Group, Intertape Polymer Group, Smurfit Kappa, Sealed Air, Winpak Ltd, Signode Packaging Systems, Kureha Corporation, Flexopack, Coveris Holdings, Premiumpack GmbH, Schur Flexibles Group, Buergofol GmbH, Allfo Vakuumverpackungen Hans BreseleProduct Segment Analysis: PP, PVC, HDPE, LDPE, OthersApplication Segment Analysis: Food and Beverage, Construction, Pharmaceutical, Electronics, Consumer Product, OthersRegional Segment Analysis: North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain etc.
)COVID-19 Impact Analysis: Our report offers you an impact analysis of coronavirus outbreak across the Plastic Protective Packaging industry to help you prepare for the future.
Clear data on financial dynamics, business ups and downs, product demands supply chain, product sales, global market statistics, and market growth accelerators is eloquent.
Fact.MR has adopted multi-disciplinary approach to shed light on the evolution of the global Plastic Protective Packaging market during the historical period of 2013 – 2017.
The study presents a deep-dive assessment of the current growth dynamics, major avenues in the estimation year of 2018, and key prospects over the forecast period 2018 – 2028.
The analysts have used numerous industry-wide prominent business intelligence tools to consolidate facts, figures, and market data into revenue estimations and projections in the PLASTIC PROTECTIVE PACKAGING market.
After reading the PLASTIC PROTECTIVE PACKAGING market report, readers get insight into: Major drivers and restraining factors, opportunities and challenges, and the competitive landscapeNew, promising avenues in key regionsNew revenue streams for all players in emerging marketsFocus and changing role of various regulatory agencies in bolstering new opportunities in various regionsDemand and uptake patterns in key industries of the PLASTIC PROTECTIVE PACKAGING marketNew research and development projects in new technologies in key regional marketsChanging revenue share and size of key product segments during the forecast periodTechnologies and business models with disruptive potential Request for Sample Report with Statistical Info @ https://www.factmr.com/connectus/sample?flag=S_id=3277 The PLASTIC PROTECTIVE PACKAGING market report offers assessment of prevailing opportunities in various regions and evaluates their shares of revenue by the end of different years of the assessment period.
Key regions covered comprise: North America (U.S., Canada)Latin America (Brazil, Mexico, Argentina, Rest of Latin America)Europe (Germany, Italy, France, U.K., Spain, Benelux, Russia, Rest of Europe)JapanAPEJ (China, India, Indonesia, Thailand, Singapore, Australia & New Zealand, Rest of Asia Pacific)MEA (GCC Countries, Turkey, Northern Africa, South Africa, Rest of Middle East & Africa)The evaluation of the competitive landscape in the PLASTIC PROTECTIVE PACKAGING market covers the profile of the following top players:Berry Global Group, Inc., AEP Industries Inc., Intertape Polymer Group Inc., Smurfit Kappa Group, Sealed Air Corporation, Signode Packaging Systems Corporation, Winpak Ltd., Kureha Corporation, PREMIUMPACK GmbH, Flexopack S.A., Schur Flexibles Group, Coveris Holdings S.A., Allfo Vakuumverpackungen Hans Bresele Kg, Kuplast Matejka Kumar S.P., and Buergofol GmbH.To expand the understanding of opportunities in the global PLASTIC PROTECTIVE PACKAGING market report looks at close quarters into the opportunities and new avenues in following key segments: CushioningBlocking & bracingVoid-fillInsulationWrappingIn addition to understanding the demand patterns of various function types, the report on the PLASTIC PROTECTIVE PACKAGING market also enumerates trends expected to attract investments by other various associated industries.
On the basis of Material Types, the PLASTIC PROTECTIVE PACKAGING market report offers insight into major adoption trends for the following segments: Air CushionPlastic MailerBubble PackagingDunnage BagsSleevesShrink WrapStretch WrapStretch HoodThe global PLASTIC PROTECTIVE PACKAGING market report offers detailed assessments and quantitative evaluations that shed light on numerous key aspects that have shaped its evolution over the historical period.
A latest report published by Fact.MR takes into account the plastic protective packaging market from a global as well as local viewpoint.
The market size of the plastic protective packaging market is anticipated to reach US$ 6.5 billion in 2028.
The plastic protective packaging market registered a value of US$ 4 billion in 2019.
Further, the plastic protective packaging market is expected to grow at a CAGR of 6.7% over the forecast period 2018-2028.
In this plastic protective packaging market study, the following years are considered to project the market footprint:History Year: 2013 - 2017Estimated Year: 2028Forecast Year: 2018 – 2028After reading the plastic protective packaging market report, readers can:Understand the drivers, restraints, opportunities and trends affecting the growth of the global plastic protective packaging market.Analyze key regions holding significant share of the total plastic protective packaging market revenue.Study the growth outlook of the global plastic protective packaging market scenario, including production, consumption, history and forecast.Learn consumption pattern and impact of each end use on the plastic protective packaging market growth.Investigate the recent R projects performed by each plastic protective packaging market player.The plastic protective packaging market report covers the following regions:North America (Canada, US)Latin America (Argentina, Mexico)Europe (NORDIC, UK)APEJ (China, India)On the basis of material type, the plastic protective packaging market report considers the following segments:Air CushionPlastic MailerBubble PackagingDunnage BagsGet Customize Sample Copy of Report from Here - https://www.factmr.com/connectus/sample?flag=S_id=3277Prominent plastic protective packaging market players covered in the report contain:Smurfit Kappa GroupSealed Air CorporationSignode Packaging Systems CorporationKureha CorporationThe behavior pattern of each player – new product launches, partnerships, and acquisitions – has been analyzed in the plastic protective packaging market report comprehensively.
In addition, the research encompasses the strengths, weaknesses, opportunities and threats of each plastic protective packaging market vendor in an in-depth manner.
