The global demand for Converted Plastic Packaging Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
Converted plastic packaging is a type of packing that includes various raw materials such as plastics, paper & paperboard, polyesters, and adhesives for producing new packaging products, including bags and pouches. Converted plastic packaging is effective in improving the shelf life of products. Converted plastic packaging has diversified applications in various industries such as food & beverages, personal care, pharmaceuticals, consumer goods, etc.
The increasing consumption of processed and convenient food among working professionals across the globe is one of the major factors driving converted plastic packaging growth in the global market. Moreover, increasing utilization of premium packaged personal care products among the young generation is expected to propel market growth. Furthermore, new application breakthroughs in the healthcare and pharmaceutical industries provide ample growth opportunities for converted plastic packaging. In addition, the rising focus on improving the shelf life of products is fueling the converted plastic packaging market growth. However, the escalating cost of raw materials is one of the major factors projected to hamper the converted plastic packaging global market growth over the forecast period.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of converted plastic packaging. The growth and trends of converted plastic packaging industry provide a holistic approach to this study.
This section of the converted plastic packaging market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
- Stand-Up Pouches
- Flat Pouches
- Gusseted Bags
- Wicketed Bags
- Wraps And Others
By Printing Technology
- Plastic Films
- Aluminum Foil
- Digital Printing
- Other Printing Technologies
- Food And Beverage
- Cosmetics And Toiletries
- Industrial And Institutional
- Tobacco Products
- Other Applications
This section covers the regional outlook, which accentuates current and future demand for the Converted Plastic Packaging market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Converted Plastic Packaging Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the converted plastic packaging market include Amcor plc, Honeywell International Inc., ProAmpac., Mondi, Berry Global Inc., Tetra Pak Group, Sonoco Products Company, Sealed Air, Canada Colors and Chemicals Limited., Reynolds Pens, Coveris., ALPLA, Zhuhai Zhongfu Enterprise Co. Limited, Huhtamäki Oyj, WINPAK LTD., DS Smith, PROLAMINA PACKAGING, BALL CORPORATION, Tetra Laval International S.A., and ProAmpac. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information based on primary and secondary research. Secondary research has been done using various sources, including (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications. Additionally, our team conducts extensive primary research with key industry participants to gather first-hand data. The data is then analyzed and validated by industry experts.
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