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Plastic Corrugated Packaging Market Trends, and Forecast, 2020-2028

The packaging sector is heading down the sustainable and environment-friendly lane due to the evolving regulatory landscape, government regulations, and increasing consumer awareness pertaining to the ill effects of unsustainable packaging waste. Regulatory bodies, in accordance with companies and retailers operating across the fast-moving consumer goods sector, are seeking novel packaging solutions that are in line with the modern-day sustainability objectives.

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Plastic Corrugated Packaging Market Trends, and Forecast, 2020-2028

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  1. We use cookies for a better user experience. Read our Privacy Policy Agree  INSIGHTS INDUSTRY VERTICALS NEWSROOM ABOUT TMR   Home Packaging Packaging  Plastic Corrugated Packaging Market Plastic Corrugated Packaging Market Plastic Corrugated Packaging Market (Packaging Type: Folding Boxes, Trays, Crates, Inserts and Dividers, and Others; Material Type: Polypropylene [PP], Polyethylene [PE], Polyethylene Terephthalate [PET], Polycarbonate [PC] , and Others; and End-use Industry: Food & Beverages, Agriculture, Healthcare, Automotive, Electrical & Electronics, and Others) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2028 PackagingTMRGL80680200 Pages Request Sample Enquiry Before Buying Request Brochure Select License Type Report Preview Table of Contents Request Methodology Single User license $5795 Evolving Regulatory Framework and Consumer Requirements to Influence Market Growth Multi-User license $8795 The packaging sector is heading down the sustainable and environment-friendly lane due to the evolving regulatory landscape, government regulations, and increasing consumer awareness pertaining to the ill effects of unsustainable packaging waste. Regulatory bodies, in accordance with companies and retailers operating across the fast-moving consumer goods sector, are seeking novel packaging solutions that are in line with the modern-day sustainability objectives. Plastics corrugated packaging has gained considerable traction over the past decade, particularly due to the exponential rise of the eCommerce sector due to which, the global plastics corrugated packaging market witnessed considerable development in recent years. Corporate license $11795 Buy Now Players involved in the current global plastics corrugated packaging market are increasingly focusing on the discovery of novel and innovative packaging solutions and systems. The evolving global plastics corrugated packaging market landscape is expected to open up new avenues for market players and provide new merger & acquisition and partnership opportunities. Moreover, in the wake of the mounting environmental concerns and sustainability 

  2. challenges, the global plastics corrugated packaging market is anticipated to witness some major changes during the forecast period. COVID- 19 A Global Pandemic The increasing demand for plastics corrugated packaging from the food & beverages sector, along with the consistent expansion of end-use industries is expected to drive the global plastics corrugated packaging market in the forthcoming decade. At the back of these factors, along with the increasing emphasis on minimizing packaging leakage and damage, the global plastics corrugated packaging market is expected to witness significant growth during the forecast period. Request a sample to get extensive insights into the Plastic Corrugated Packaging Market Booming eCommerce Sector to Bolster Market Growth The demand for plastics corrugated packaging has witnessed consistent growth due to a host of factors including the onset of cutting-edge digital printing technologies and the booming eCommerce industry. The global plastics corrugated packaging market offers critical services to businesses as well as individuals around the world– a factor that is slated to fuel market growth during the assessment period. Plastics corrugated boxes mainly cater to the demands of various end-use sectors, such as pharmaceuticals, food & beverages, tobacco, and durable goods. Request the coronavirus impact analysis on Plastic Corrugated Packaging Market The eCommerce sector has played a key role in revolutionizing the global plastics corrugated packaging market. As the eCommerce sector around the world is likely to expand at a steady pace in the upcoming years, the demand for plastics corrugated boxes is expected to remain high. While the number of eCommerce transactions, orders, and sales continue to move in the upward trajectory, market players are projected to rely on tried and testing packaging alternatives to attain these objectives. Get COVID-19 Analysis Advancements in digital printing services and technologies are estimated to bolster the growth of the global plastics corrugated packaging market during the assessment period. The ability to personalize the various packaging systems is one of the key factors that is expected to provide a solid boost to the plastics corrugated packaging market during the assessment period. To understand how our report can bring difference to your business strategy, Ask for a brochure Trending Reports Sustainable Packaging Initiatives and Innovative Food Packaging Solutions to Impact Market Growth Hexacomb Packaging Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024  A number of packaging companies and stakeholders involved in the global plastics corrugated packaging market is expected to focus on product innovation and development to ensure compliance with regulatory guidelines. Furthermore, the increasing number of sustainable packaging initiatives and consumer uncertainty pertaining to the

  3. use of plastic could potentially have a negative impact on the growth of the global plastics corrugated packaging market. In September 2019, Amazon India announced that the company is increasingly focusing on minimizing the use of single-use plastic in the upcoming years. The increasing focus on minimizing the utilization of plastic across the packaging sector is projected to have a negative impact on the global plastics corrugated packaging market. Card & Dice Bags Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025  COVID-19 Pandemic to Positively Impact Global Market Shelf Bins Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 - 2027  The outbreak of the COVID-19 pandemic is expected to have a positive impact on the overall growth of the global plastics corrugated packaging market in 2020. The increasing demand for COVID-19-related drugs due to the swelling number of cases worldwide is projected to augment the demand for efficient plastics corrugated packaging across the pharmaceutical sector. In addition, due to stringent lockdown measures and transportation restrictions, the eCommerce sector has remained in the spotlight throughout 2020, as consumers continue to purchase a wide range of goods and commodities from eCommerce platforms. Due to this, the demand for plastics corrugated packaging is on the rise. Uncoated Free Sheet Paper Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026  Stuck in a neck-to-neck competition with other brands? Request a custom report on Plastic Corrugated Packaging Market Plastic Tubs Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 - 2027  Analysts’ Viewpoint The global plastics corrugated packaging market is on the course to grow at a steady CAGR during the forecast period. The market growth will be driven by the increasing demand for plastics corrugated packaging from the food & beverages sector and the exponential growth of the eCommerce sector worldwide. Furthermore, the pharmaceutical sector will provide abundant opportunities to players operating in the current global plastics corrugated packaging market landscape in the upcoming years, particularly during the COVID-19 pandemic. Market players should ideally focus on product development and diversification during the first half of the forecast period. Plastics Corrugated Packaging Market: Overview According to Transparency Market Research’s latest report on the global plastics corrugated packaging market for the forecast period of 2020-2028, the market is estimated to grow due to the demand from automobile, building & construction, and personal care industries The global plastics corrugated packaging market is expected to expand almost twice the current market share during the forecast period. Plastics corrugated packaging has anti-slip properties and enhance the aesthetics of surfaces, which is likely to increase the sales of plastics corrugated packaging in the years to come. Need for Protective Packaging in eCommerce Sector Augmenting Market Growth

  4. Demands from various brand owners are now being strongly felt by the packaging industry, as those brands now are in the need of secondary packaging to promote their business more intensely. This increases the requirement for manufacturers to produce corrugated plastic packaging solutions with high quality graphic design. These brand owners are grabbing opportunities through better engagement and involvement with their customers, which are driving marketing and encouraging repeat-business for attracting new customers. Moreover, safe and secured product delivery is the major concern of the eCommerce industry. Therefore, end users are emphasizing on protective packaging through plastic corrugated sheets and liners, which has capacity to withstand sudden jerks. According to TMR analysis, global online sales revenue is expected to reach $5.8 Trn by the end of 2023 that will certainly affect packaging demand and especially it will create demand for the corrugated plastic packaging products as it represents more than 70% of demand in the eCommerce sector. Spill-proof and Non-contaminated Food and Beverage Delivery Creating Growth Opportunities Advancements in food processing and food packaging play a key role in boosting the plastics corrugated packaging market sales in the world. TMR team analysed that the global food industry contributes more than 52% market share. The increasing consumption of ready-to-go food products, changing lifestyles, rapidly evolving consumer habits, and ease of access are pushing the global food market to grow, which, in turn, is driving the plastics corrugated packaging market growth. Increased per capita personal disposable income has given birth to consumer preference on packaged food over other food. This change in consumer behavior has led to the production of more packaged food. Various Quick Service Restaurants (QSRs) such as KFC, McDonalds, are gaining traction due to its upsurge food quality and on- time delivery phenomenon. Furthermore, consumers are highly conscious about spill-proof and non-contaminated food delivery amid COVID- 19. Unlike paper packaging, plastic corrugated packaging has good water resistance and ensures leakage safety. Moreover, such packaging solutions are made of FDA approved material, which further reduces chances of contamination due to chemical reactions.  Plastics Corrugated Packaging Market: Key Findings Among materials, the polyethylene segment is estimated to account for nearly 34% value share by the end of 2020 and is likely to expand 1.3 times of current market value by 2030 th Folding boxes segment is projected to hold more than 1/4 share of the global market during 2020-2028 Demand for plastic corrugated packaging in food & beverages industry is expected to upsurge over the next eight years, attributing to increasing concern of safe and hygienic packaging of consumable products

  5. Europe market is anticipated to outpace other regions with the prominent market share and maximum incremental opportunity. However, Asia Pacific market is anticipated to lead during the forecast period. Plastics Corrugated Packaging Market: Competition Landscape TMR analysed that the global plastics corrugated packaging market is highly competitive, owing to a large number of local players in the market. This competition among key players is carefully studied based on developments, strategies, and segmental revenue of the company.  TMR group includes outlines of key players in the latest plastics corrugated packaging market study. These are DS Smith Plc Coroplast Dynapac Co. Ltd FlEXcon Company, Inc. Söhner Kunststofftechnik GmbH Technology Container Corp Minnesota Diversified Industries, Inc American Containers Inc. Yamakoh, Co., Ltd. Samuel Grant Packaging Amatech Inc. Twinplast Dongguan Jianxin Plastic Products Co., Ltd. ORBIS Corporation Androp Packaging, Inc. Shish Industries Limited Mills Industries Classic Enterprises Pvt Ltd Packman Packaging Private Limited Siddhiplast by suninfy.

  6. TMR distinguished these plastics corrugated packaging market players as per their segmental earnings into different tier slabs. Among these players, DC Smith Plc comes under Tier 1 companies. The Tier 2 players include Dynapac Co. Ltd., Söhner Kunststofftechnik GmbH, ORBIS Corporation, FLEXcon Company Inc. and Tier 3 players include Coroplast, Technology Container Corp, Minnesota Diversified Industries, Inc., American Containers, Inc., Yamakoh, Co., Ltd., Samuel Grant Packaging (Sheffild), Amatech Inc., Twinplast Ltd., Dongguan JianXin Plastic Products Co.,Ltd., Androp Packaging, Inc., Shish Industries Limited, Mills Industries, Classic Enterprises Pvt Ltd, Packman Packaging Private Limited, and Siddhiplast. Plastics Corrugated Packaging Market – Segmentation The global plastics corrugated packaging market has been segmented on the basis of packaging type, material type, end-use industry, and region. Each of these segments is analyzed to provide readers with holistic view of the market. Folding Boxes Trays Crates Packaging Type Inserts and Dividers Others (Bins, Racks) Polypropylene (PP) Polyethylene (PE) Polyethylene Terephthalate (PET) Material Type Polycarbonate (PC) Others (Polypropylene Carbonate [PPC], etc.) End-use Industry Food & Beverages Agriculture Healthcare Automotive Electrical & Electronics

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