Lewes, DE -- (SBWIRE) -- 12/21/2016 -- Report forecast the global polyethylene packaging market to grow at a CAGR of 5.03% during the period 2016-2020.

Plastics are preferred over other forms of packaging because of their physical and chemical properties. They have certain inherent properties that make them ideal packaging materials. They are tough, durable, light in weight, easy to transport, and are not brittle like glass. Their cost per unit of production is low and they have a wide variety of applications. Plastic packaging even aids companies in marketing and advertising campaigns by allowing innovative and attractive designs. One of the factors driving the growth of this market is the growing pharmaceuticals and healthcare sectors, which have witnessed an increase in demand for plastic packaging products.

The report covers the present scenario and the growth prospects of the global polyethylene packaging market for 2016-2020. To calculate the market size, the report considers the the volume of polyethylene used in the packaging sector by vendors for the following end-users:

- Beverage industry
- Consumer goods industry
- Food industry
- Pharmaceutical industry
- Other industries (chemical, construction, and others)

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

According to the report, the demand for HDPE bottles is the main driver of the polyethylene packaging market. The share of HDPE bottles in this market is the highest, and the increasing demand for packaged bottled products such as milk, juices, and water will drive the market during the forecast period. The beverage industry accounts for more than 60% of the global polyethylene packaging market. During the forecast period, the demand from different segments of the beverage industry such as milk, juices, and water will be the key driver of the market. Bottled water sales grew by more than 6% from 2014 to 2015. The share of bottled water in the beverage market was 18% in 2015; in 2009, it was 14%. However, the demand from the carbonated soft drinks (CSD) segment declined slightly. Packaged water consumption was at more than 230 billion liters, while CSD consumption was at 220 billion liters in 2015.

Further, the report states that China is the biggest importer of rHDPE, accounting for 60% of the global rHDPE imports. The major trading partners of China are the US and the UK. Two-thirds of the UK's rHDPE was exported to China in 2015. In 2013, China introduced Operation Green Fence (OGF), which resulted in the formation of strict rules regarding the quality of imported recycled products. This law adversely affected rHDPE imports to China, reducing them by 9% in 2013 and further by 12% in 2015. In 2015, recycled plastic exports to China from the UK fell to 65% of the amount exported in 2008-2009.

Global Polyethylene Packaging Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global polyethylene packaging market: Amcor, Bemis, Berry Plastics, Sealed Air, and Sonoco

Other Prominent Vendors in the market are: Constantia Flexibles, Coveris, Daibochi Plastic, DS Smith, Flextrus, Graham Packaging, Greiner Packaging, Huhtamaki, LINPAC Group, Man Luen, Nampak Plastics, Printpack, Resilux, Rexam, Reynolds Group, RPC Group, Serioplast, Silgan, Winpak, and Wipak

Market driver
- Growing demand from pharmaceuticals and healthcare sectors
- For a full, detailed list, view our report

Market challenge
- Demand for polyethylene bag in some regions down by 70% due to stringent government regulations
- For a full, detailed list, view our report

Market trend
- Popularity of biodegradable rigid plastic packaging
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 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 66 pages and 31 Exhibits "Global Polyethylene Packaging Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Buying criteria, Market segmentation by material type, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.

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