Industry Background:
Polyethylene is the most common plastic used for packaging. The soft and pliable films are often used to package and store a large variety of products and even waste. Polyethylene packaging is expected to mark significant growth over the forecasted period owing to the increasing packaging industry and qualities of polyethylene such as water-resistant, good electric insulator, low cost of production etc boosting the market. Furthermore, increasing the adoption of bioplastic is trending in this market.
This growth is primarily driven by Growth in Packaging Industry and Rising New product launches in Food Industry.
Globally, a noticeable market trend is evident Increasing Adoption of Bioplastic. Major Vendors, such as Amcor (Switzerland), Bemis (United States), Berry Plastics (United States), Sealed Air (United States), Sonoco (United States), Constantia Flexibles (Austria), Coveris (United States), Daibochi Plastic (Malaysia), DS Smith (United Kingdom) and Flextrus (Europe) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In June 2019, Amcor announced the completion of its acquisition of Bemis Company Inc. The acquisition of Bemis brings additional scale, capabilities, and footprint that will strengthen Amcor’s industry-leading value proposition and generate significant value for shareholders.
Market Drivers
- Growth in Packaging Industry
- Rising New product launches in Food Industry
Market Trend
- Increasing Adoption of Bioplastic
Restraints
- Stringent Government Regulation
- Availability of Substitutes
Opportunities
Increasing Demand in Electronic Industry Because It Gives Protection from Moisture and Tampering and Low cost, Easy to Process and an Opaque Packaging Product Rising the Demand for Polyethylene Packaging
Challenges
Expensive and Complex for Recycling
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Polyethylene Packaging Study Sheds Light on
The Polyethylene Packaging Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Polyethylene Packaging industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Polyethylene Packaging industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.