Plastic Packaging Market in APAC 2015-2019

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Transcript of Plastic Packaging Market in APAC 2015-2019

Page 1: Plastic Packaging Market in APAC 2015-2019

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Plastic Packaging Market in APAC 2015-2019

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Covered in this Report

• The report covers the present scenario and the growth prospects of the plastic packaging market in APAC for the period 2015-2019.

• The Technavio report, namely Plastic Packaging Market in APAC 2015-2019, is based on an in-depth market analysis, with inputs from industry experts.

• We also discuss the key vendors operating in the market.

Plastic Packaging Market in APAC

2015-2019

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Market Overview• Plastic packaging refers to the packaging of F&B,

pharmaceuticals, chemicals, and other consumer products.

• Plastic bottles and containers are non-corrosive, light, and relatively cheap. Besides, plastic can be molded into a variety of shapes and dimensions, becoming highly suitable for innovative and utility-based packaging.

• The inert nature of plastic, and its ability to preserve products for a long time make it a popular choice in the F&B industry.

• Technavio analysts forecast the plastic packaging market in APAC to grow at a CAGR of 6.63%, in terms of revenue, during 2014-2019.

To know more aboutPlastic Packaging Market in

APAC 2015-2019,please mail us at

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Key Findings

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• One of the major trends set to emerge in the plastic packaging market in APAC during the forecast period is the growing consumer preference for flexible plastics over rigid plastic packaging material.

• Flexible packaging takes into consideration easy dispensing and re-closure, can extend product visibility, and can display high-end graphics.

• Increased focus is being given to convenience and sustainability issues.

• Flexible plastic packaging materials are 80% lighter in weight compared with the equivalent rigid plastic materials and are also cheaper to manufacture.

• The ability of the organization to "dial-in" the appropriate barrier for the product and end-use is one of the major advantages of flexible packaging over rigid packaging.

• Many items, such as wine, juice, and milk, require a reasonable oxygen barrier. Flexible packaging also has high tensile strength and barrier properties.

• The development of convenient innovative items, such as stand-up pouches, is also making it more popular. Carriage and warehousing costs for these items are also low.

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Key Questions Answered in Our Report

• What will the market size be in 2019 and what will the growth rate be?

• What are the key market trends?

• What is driving this market?

• What are the challenges to market growth?

• Who are the key vendors in this market space?

• What are the market opportunities and threats faced by the key vendors?

• What are the strengths and weaknesses of the key vendors?

Have a question of your own about this report?

Ask our Analysts

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• Decision makers and influencers in sales & marketing, strategy, product and R&D teams rely on research from Technavio. We have a large and growing base of happy customers worldwide. Our customers include technology suppliers, end users, consulting companies, investment firms and research institutes.

• Technavio was founded in 2003 in London. We have about 300 analysts globally. We cover more than 500 technologies across 80 countries. Traditional media such as Forbes Asia and New York Times, along with other web media portals, like to quote us.

About Technavio

Some of our clients include:ACT Global, Flextronics, Huawei Technologies Co, Infosys, Harris Corporation, Infosys, Intercad, Hidaka Precision Tools & Dies Company, Huawei Technologies Co, American Capital, Analysis Group, Netscout, NTT DoCoMo

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