Lewes, DE -- (SBWire) -- 05/27/2015 --Report forecast the plastic packaging market in Europe to grow at a CAGR of 3.27 percent over the period 2014-2019.
Plastic packaging is used in the packaging of F&B, pharmaceuticals, chemicals, and consumer products. Plastic bottles and containers are non-corrosive, light, relatively cheap, and can be molded into a variety of shapes and dimensions, making them highly suitable for packaging. Its inert nature and ability to preserve products longer makes it a popular choice in the F&B industry. Plastic packaging is also preferred by customers in the F&B sector because of its esthetic appeal.
The plastic packaging market is segmented into two based on product type: Rigid plastic packaging and flexible plastic packaging. The rigid plastic packaging segment accounts for larger share of the market. The end-users of the plastic packaging are spread across multiple industry verticals. The major end-users are the food and beverages, personal care, pharmaceuticals, and healthcare sectors.
According to the report, one of the key factors that impacts the market positively is the demand from the pharmaceutical and healthcare sector. The growth of this sector is pushing the demand for plastic packaging for pharmaceuticals and medical devices.
Plastic Packaging Market in Europe 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the plastic packaging market landscape in Europe and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key players in the plastic packaging market in Europe: ALPLA-Werke Alwin Lehner GmbH & Co. KG, Amcor Ltd., Coveris Holdings SA and Sealed Air Corp.
Other Prominent Vendors in the market are: AEP Industries, Anson Packaging, APPE, Aptar Group, Bemis Elsham Packaging, Britton Group, Constantia Flexibles, Daibochi Plastic, DS Smith, Huhtamaki, Klöckner Pentaplast, LINPAC Packaging, Mondi Group, Papier Mettler, Printpack, Resilux, Reynolds Group, Robinson Group, RPC Group, Silgan and Sipospack
Market Driver
- Demand from pharmaceutical and healthcare sectors
- For a full, detailed list, view our report
Market Challenge
- Rise in operational costs
- For a full, detailed list, view our report
Market Trend
- Shift from rigid to flexible plastic packaging
- For a full, detailed list, view our report
Key Questions Answered in this 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?
Spanning over 61 pages, "Plastic Packaging Market in Europe 2015-2019" report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Market Segmentation by Material Type, Market Segmentation by End-user, Regional Scenario, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.
For further information on this report, please visit- http://www.marketresearchreports.com/technavio/plastic-packaging-market-europe-2015-2019
Find all Plastic Packaging Reports at: http://www.marketresearchreports.com/plastic-packaging
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Plastic Packaging Market in Europe to Grow at a CAGR of 3.27% over the Period 2014-2019; Finds New Report
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