Protective Packaging Across Industries Market: Stretch Wrap to Find Widespread Adoption
The latest report by Fact.MR on the plastic protective packaging market offers in-depth analysis along with the valuable insights on the market. The report highlights all the important factors influencing the growth in the plastic protective packaging market. The study includes historical data along with the forecast on the plastic protective packaging market.
[UKPRwire, Mon Jul 15 2019] The latest report by Fact.MR on the plastic protective packaging market offers in-depth analysis along with the valuable insights on the market. The report highlights all the important factors influencing the growth in the plastic protective packaging market. The study includes historical data along with the forecast on the plastic protective packaging market. Micro and macro-economic factors impacting the plastic protective packaging market growth are also included in the report. The study also focuses on the quantitative data and qualitative data. The study includes market dynamics such as key trends, growth opportunities, driving factors, and challenges in the plastic protective packaging market. The report also offers segment-wise and region-wise analysis in the plastic protective packaging market along with the focus on key countries. The plastic protective packaging market report also offers data in terms of value, volume, year-on-year growth, and CAGR in the plastic protective packaging market. Competitive landscape in the plastic protective packaging market is also included in the report.
Consumer inclination toward online shopping has witnessed a dramatic rise in recent years, which in turn has boosted growth of the ecommerce sector significantly. Sensing the role of protective packaging the overall end-user experience, leading players in the plastic protective packaging market are focusing on easy-to-use designs, along with consistent branding activities. The study finds that plastic protective packaging market players are moving ahead of the one-size-fits-all approach, directing their focus toward offerings solutions that suit well with unique physical properties of goods, along with developments in characteristics.
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Key Growth Drivers of Plastic Protective Packaging Market
- Plastic continues to be the widely used material in protective packaging across various industries, with introduction of advanced materials such as polypropylene that provide high barrier and temperature resistance, thereby, protecting packaged products from harsh environments.
- Adoption of flexible packaging in the food and beverage, including pouches, bags, sleeves, shrink films, and tubes, owing to their low weight, flexibility, and durability properties, will continue to create growth opportunities for the plastic protective packaging market.
- With significant growth in the construction and electronics sector, air cushion and bubble packaging have emerged as the viable protective packaging solution for the products ranging from lightweight, delicate objects such as ceramics and housewares, to heavier electronic components and glassware.
- Bubble products being the most versatile protective packaging, manufacturers are offering multiple configuration, inflated bubble packaging with various grades that adjust the size of bubble as per the product. Moreover, recycled materials are also being used to produce modern inflated bubble products.
Key players operating in the plastic protective packaging market include Berry Global Group, Inc., AEP Industries Inc., Intertape Polymer Group Inc., Smurfit Kappa Group, Sealed Air Corporation, Signode Packaging Systems Corporation, Winpak Ltd., Kureha Corporation, PREMIUMPACK GmbH, Flexopack S.A., Schur Flexibles Group, Coveris Holdings S.A., Allfo Vakuumverpackungen Hans Bresele Kg, Kuplast Matejka Kumar S.P., and Buergofol GmbH.
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