PVC Packaging Materials Market – Size, Share, Outlook, and Opportunity Analysis, 2018 – 2025

1. PVC Packaging Materials Market - Global Industry Insight, Trends, Outlook, and Opportunity Analysis 2018-2026 © Coherent market Insights. All Rights Reserved

2. REPORT DESCRIPTION PVC Packaging Materials Market Overview Polyvinyl chloride (PVC) packaging material is used in various end-use industries such as personal care, food and beverages, medical, and others, owing to its properties such as light weight, good impact strength, resistance to oil, grease and chemicals, and others. The high versatility of plastic enables in reuse and recycling. Market Dynamics PVC packaging requires less fuel to produce as compared to that of other packaging materials such as metal and glass. According to Plastics Europe, the energy required for PET (polyethylene terephthalate) and HDPE (high density polyethylene) was 82.7 GJ (gigajoule) per ton and 76.7 GJ per ton whereas, for PVC was 56.7 GJ per ton. Furthermore, it also protects against contamination by helping to prevent the spread of germs during manufacturing and distribution. These factors are propelling the PVC packaging materials market growth. Growing demand from processed food is also expected to drive growth of PVC packaging market. This is owing to high use of PVC packaging in processed foods, due to its aforementioned properties. According to U.S. Department of Agriculture, Foreign Agricultural Service, in Germany, the processed food and drinks market was valued at US$ 190 billion in 2016 and the food industry represented the third-largest processing industry in Germany. © Coherent market Insights. All Rights Reserved

3. REPORT DESCRIPTION Market Trends Among end-use industry, the food and beverages segment is expected to witness a significant growth in the near future, owing to increasing growth of this industry. According to U.S. Census Bureau, in the U.S., the total food sales in 2016 was US$ 1,594.06 billion. Furthermore, increasing consumer spending on food and drink results in growth of this segment. According to Department for Environment Food & Rural Affairs, the total consumer expenditure on food, drink and catering increased by 0.9% in 2014 to US$ 231.10 billion. The rigid packaging application segment is expected to show a significant growth in the global PVC packaging materials market over the forecast period. According to Coherent Market Insights’ analysis, the global rigid packaging market was valued at US$ 529.97 billion in 2016 and is expected to exhibit a CAGR of 4.05% during the forecast period (2017-2025). Key manufacturers are focusing on launching new products and plant expansion to expand their product portfolio and to cater to increasing consumer demand. For instance, in February 2018, Westlake Chemical Corp. To Get Discount on this Report: https://www.coherentmarketinsights.com/insight/request-discount/1923 © Coherent market Insights. All Rights Reserved

4. REPORT DESCRIPTION Market Taxonomy On the basis of application, the PVC packaging materials market is segmented into: ➢Rigid ➢Flexible ➢Others On the basis of end-use industry, the PVC packaging materials market is segmented into: ➢Food & Beverages ➢Industrial ➢Personal Care ➢Medical ➢Others Request sample Copy of this Report:https://www.coherentmarketinsights.com/insight/request-sample/1923 © Coherent market Insights. All Rights Reserved

5. REPORT DESCRIPTION Market Trends Among end-use industry, the food and beverages segment is expected to witness a significant growth in the near future, owing to increasing growth of this industry. According to U.S. Census Bureau, in the U.S., the total food sales in 2016 was US$ 1,594.06 billion. Furthermore, increasing consumer spending on food and drink results in growth of this segment. According to Department for Environment Food & Rural Affairs, the total consumer expenditure on food, drink and catering increased by 0.9% in 2014 to US$ 231.10 billion. The rigid packaging application segment is expected to show a significant growth in the global PVC packaging materials market over the forecast period. According to Coherent Market Insights’ analysis, the global rigid packaging market was valued at US$ 529.97 billion in 2016 and is expected to exhibit a CAGR of 4.05% during the forecast period (2017-2025). Key manufacturers are focusing on launching new products and plant expansion to expand their product portfolio and to cater to increasing consumer demand. For instance, in February 2018, Westlake Chemical Corp. To Get Discount on this Report: https://www.coherentmarketinsights.com/insight/request-discount/1923 © Coherent market Insights. All Rights Reserved

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