Data Bridge Market Research analyses that the converted plastic packaging market, valued at USD 2,244.32 million in 2022, will reach USD 4,123.41 million by 2030, growing at a CAGR of 7.9% during the forecast period of 2023 to 2030.
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**Segments**
- **Material Type**
- Polyethylene (PE)
- Polyethylene Terephthalate (PET)
- Polypropylene (PP)
- Others
- **Packaging Type**
- Bottles
- Pouches
- Trays
- Tubs
- Others
- **End-Use Industry**
- Food & Beverage
- Healthcare
- Personal Care & Cosmetics
- Industrial
- Others
**Market Players**
- Amcor plc
- Berry Global Inc.
- Constantia Flexibles
- Mondi
- Sealed Air
- Sonoco Products Company
- Coveris
- Huhtamäki Oyj
- Winpak Ltd.
- ProAmpac
The global converted plastic packaging market is segmented based on material type, packaging type, and end-use industry. In terms of material type, the market is divided into polyethylene (PE), polyethylene terephthalate (PET), polypropylene (PP), and others. Polyethylene is widely used in packaging due to its flexibility and durability. Polyethylene terephthalate is commonly used in bottles packaging. Polypropylene is known for its strength and heat resistance properties, making it suitable for various packaging applications.
Packaging type segmentation includes bottles, pouches, trays, tubs, and others. Bottles are extensively used in the food and beverage industry for packaging liquids like water, soft drinks, and juices. Pouches are gaining popularity in the healthcare and personal care sectors due to their convenience and portability. Trays and tubs are commonly used for packaging food products like meat, fruits, and vegetables.
Furthermore, the end-use industry segment categorizes the market into food & beverage, healthcare, personal care & cosmetics, industrial, and others. The food & beverage industry dominates the market due to the high demand for packaged food products. The healthcare sector reliesThe global converted plastic packaging market is a highly competitive landscape with several key players striving for market share and innovation. Amcor plc is a major player in the industry, offering a wide range of packaging solutions for various end-use sectors. Berry Global Inc. is renowned for its sustainable packaging solutions, focusing on reducing environmental impact. Constantia Flexibles specializes in flexible packaging solutions for the food and healthcare industries, prioritizing convenience and product protection. Mondi is a leading packaging and paper company, known for its innovative and sustainable packaging solutions. Sealed Air provides a range of packaging products focused on food safety and protection. Sonoco Products Company offers diversified packaging solutions across multiple industries. Coveris specializes in flexible and rigid packaging solutions for food, beverage, and industrial markets. Huhtamäki Oyj is a global packaging company focusing on sustainable packaging solutions. Winpak Ltd. is known for its advanced packaging technology and barrier materials for the food sector. ProAmpac offers a wide range of packaging solutions catering to various industries with a focus on innovation and sustainability.
The food & beverage industry remains a significant driver of the converted plastic packaging market, accounting for a substantial market share. The increasing demand for convenience and on-the-go consumption in the food sector has propelled the need for innovative packaging solutions. Moreover, the healthcare industry has witnessed a surge in demand for specialized plastic packaging for medical devices, pharmaceuticals, and personal care products. The stringent regulations regarding product safety and hygiene have further boosted the adoption of plastic packaging in the healthcare sector. The personal care & cosmetics industry also plays a crucial role in driving the growth of the converted plastic packaging market, with a focus on attractive packaging designs, product differentiation, and sustainability.
The industrial segment of the converted plastic packaging market caters to a wide range of applications such as automotive, electronics, and chemicals. The industrial sector requires robust and reliable packaging solutions to ensure the safe transportation and storage of goods. Other end-use industries include pharmaceuticals, household products, and**Segment Heading:**
- Global Converted Plastic Packaging Market
**Type:**
The converted plastic packaging market offers a variety of packaging types to cater to different industry needs. Stand-Up Pouches are popular for their convenience and shelf appeal, while Flat Pouches are commonly used for products like snacks and coffee. Rollstocks provide a versatile packaging solution for various products, and Gusseted Bags offer expandable packaging options. Wicketed Bags are often used for items that need easy accessibility, and Wraps are used for wrapping products like bread and sandwiches.
**Material:**
Plastic Films, known for their versatility and durability, are widely used in converted plastic packaging. Paper is favored for its eco-friendly properties and recyclability. Aluminum Foil provides excellent barrier properties against moisture and light, making it ideal for food packaging. Bioplastics, derived from renewable sources, are gaining popularity as sustainable packaging materials.
**Printing Technology:**
The converted plastic packaging industry utilizes various printing technologies to enhance packaging aesthetics and brand visibility. Flexography is commonly used for high-volume printing on flexible materials. Rotogravure offers high-quality printing suitable for long print runs. Digital Printing provides flexibility for quick customization and variable data printing. Other Printing Technologies include screen printing and offset printing, offering unique printing effects and finishes.
**Application:**
The converted plastic packaging market caters to diverse applications across industries. Food and Beverage is a key application segment, leveraging plastic packaging
The Converted Plastic Packaging market research report displays a comprehensive study on production capacity, consumption, import and export for all the major regions across the globe. The target audience considered for this market study mainly consists of Key consulting companies & advisors, Large, medium, and small-sized enterprises, Venture capitalists, Value-added resellers (VARs), Third-party knowledge providers, Investment bankers, and Investors. This global market analysis report is the believable source for gaining the market research that will exponentially accelerate the business growth. The top notch Converted Plastic Packaging market report is the best option to acquire a professional in-depth study on the current state for the market.
Table of Contents: Converted Plastic Packaging Market
1 Introduction
2 Global Converted Plastic Packaging Market Segmentation
3 Executive Summary
4 Premium Insight
5 Market Overview
6 Converted Plastic Packaging Market, by Product Type
7 Converted Plastic Packaging Market, by Modality
8 Converted Plastic Packaging Market, by Type
9 Converted Plastic Packaging Market, by Mode
10 Converted Plastic Packaging Market, by End User
12 Converted Plastic Packaging Market, by Geography
12 Converted Plastic Packaging Market, Company Landscape
13 Swot Analysis
14 Company Profiles
Countries Studied:
- North America (Argentina, Brazil, copyright, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
- Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
- Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
- Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)
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