Plastic Packaging Industry Data Book - Food & Beverage, Personal & Household, Industrial and Pharmaceutical/ Healthcare Plastic Packaging Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 – 2030

The global Plastic Packaging Industry was estimated at USD 347.35 billion in 2022 and is anticipated to increase at a significant CAGR from 2023 to 2030.

Grand View Research’s plastic packaging sector data book is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research along with a statistics e-book.

Access the Global Plastic Packaging Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies

Industrial Plastic Packaging Market Growth & Trends

The global Industrial Plastic Packaging Market is registering a CAGR of 3.0% from 2023 to 2030, according to a new study conducted by Grand View Research, Inc. The industrial packaging segment includes automotive, construction, energy, transportation, and chemical packaging applications. Various automotive parts such as sealing parts, dashboard assemblies, interior panels, interior door panels, bumpers, and air ducts use plastic packaging.

Plastic is a primary material for shippers, pallets, drums, crates, containers, and IBCs which are primarily used for the transportation of industrial, chemical, and petrochemical products. The growing e-commerce industry is expected to create demand for such pallets, shippers, and crates owing to additional warehousing requirements.

The petrochemical market is projected to grow due to the critical demand from end markets that consume petrochemicals. Petrochemicals are widely consumed in chemical, automotive, and other industrial sectors to produce lubricants, motor oil, adhesives, coatings, and paints. The demand for these products is driven by the growth of the automotive, construction, and manufacturing sectors. The growing population and urbanization across the globe are propelling these sectors’ growth which can increase the consumption of petrochemical-based products, thus fueling the demand for rigid bulk packaging.

Order your copy of the Free Sample of “Plastic Packaging Industry Data Book - Food & Beverage, Personal & Household, Industrial and Pharmaceutical/ Healthcare Plastic Packaging Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research

Pharmaceutical/ Healthcare Plastic Packaging Market Growth & Trends

The global Pharmaceutical/ Healthcare Plastic Packaging Market is registering a CAGR of 4.1% from 2023 to 2030, according to a new report by Grand View Research, Inc. Packaging plays a crucial role in the safe storage of pharmaceutical products. The most common materials used for drug packaging include plastic and glass. The material selected for developing packaging for a specific drug depends on factors such as the degree of protection needed for the product, cost, method, compatibility with the sterilization process, and the degree to which the packaging material reacts with the packaged drug. Although some plastics are seen to react with pharmaceutical drugs, plastics such as PET and HDPE are used for producing pharmaceutical packaging since they do not leach harmful chemicals into pharmaceutical products.

In addition, pharmaceutical/healthcare plastics are specifically modified with additives to cater to the required functions such as impact resistance, durability, UV resistance, and moisture resistance. The cost of these plastics also falls low compared to borosilicate glass-based packaging which makes pharmaceutical packaging manufacturers consider plastics for packaging pharmaceutical drugs.

Plastic provides a high degree of flexibility and convenience in the bulk transportation of medicines and APIs using products like IBCs, containers, and drums. Higher packaging efficiency, easy handling, minimum contamination possibilities, and drug safety can be attributed to the higher popularity of plastics in pharmaceutical applications.

The growing packaging waste concerns have also gripped the pharmaceutical sector. Pharmaceutical drug manufacturers are exploring and have started developing sustainable pharmaceutical packaging. An example of this is blister packaging based made of mono-material. The combination of materials like PVC and aluminum used in conventional blister packaging makes it difficult to be recycled and often ends up in incineration centers. Hence the demand for pharmaceutical blister packaging made of polypropylene is increasing thereby also promoting a circular economy.

Go through the table of content of Plastic Packaging Industry Data Book to get a better understanding of the Coverage and scope of the study

Competitive Landscape

Key players operating in the Plastic Packaging industry are:

• Berry Global, Inc.
• Constantia Flexibles
• Mondi
• DS Smith Plc
• Huhtamaki
• Pro-Pac Packaging Limited
• Pactiv LLC
• WestRock Company

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About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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