Polyethylene Packaging Market Geographic Segmentation, Analysis by Types and Forecast to 2023

Posted on 2020-04-02 by researchinsights in Chemicals // 0 Comments

02^nd Apr 2020 – Global Polyethylene Packaging Market is expected to witness substantial growth in the forthcoming years due to increase in demand from various industries. Polyethylene (PE) is the commonly used plastic by different industries, such as food, medical, and industrial packaging, and others. It is derived from petroleum polymers and comes in a wide range of properties like chemical resistant, easy fabrication that is ideal for applications in chemical industry, high molecular weight for healthcare applications, etc.

Reasons for the growth of polyethylene packaging market include increase in demand form industries, such as cosmetics, healthcare, food and beverages, increased preference for plastic pouches by retailers and consumers, rising use of polyethylene packaging for several industrial applications, and increase in demand for PET bottled beverages in soft drinks. Furthermore, growing need for improved shelf-life of consumers is also propelling the market growth. However, increasing government regulations regarding environmental safety is an obstacle to the polyethylene packaging market.

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Improvements in the domain of polymer science, rising investment in food production and food processing and increased urbanization are few trends observed in the market. Additionally, growing use of home care and personal care products is another trend in the market.

Polyethylene packaging market is categorized based on product type, application, and geography. Based on product type, market is divided into HDPE (high density polyethylene) packaging, LDPE (low density polyethylene) packaging, and linear low-density polyethylene. LDPE segment is predicted to hold larger share of the market in the forecast period due to its exceptional features, such as cost-effectiveness and light-weight. LDPE is insolvent and chemically inert at room temperature and is resistant to acids and alkalis.

In terms of application, market is divided into food and beverage, personal care, industrial packaging, healthcare, automotive, agriculture, infrastructure, and others. Food and beverage industry is expected to hold significant share of the polyethylene packaging market in the forecast period due to growing demand. Furthermore, healthcare, personal care and industrial packaging segments are also expected to lead the market in future.

Leading Players Analysis Covered in these report

Amcor
Bemis
Berry Plastics
Sealed Air
Sonoco
Constantia Flexibles
Coveris
Daibochi Plastic
DS Smith
Flextrus
Graham Packaging
Greiner Packaging
Huhtamaki
LINPAC Group
Man Luen

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Geographically, this report is segmented into several key Regions, with production, consumption, revenue (M USD), market share and growth rate of Polyethylene Packaging in these regions, from 2012 to 2023 (forecast), covering

North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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