Global LDPE Packaging Market 2017-2021

Overview of the global LDPE packaging market

Research analysis on the global LDPE (low-density polyethylene) packaging market identifies that the rise in the demand for stretch and shrink film packaging will be one of the major factors that will have a positive impact on the growth of the market. Stretch and shrink-packaging films are manufactured from highly engineered polyethylene films (PE) utilized for the packaging of goods. These packaging films have chemical properties, such as high stretch ability and flexibility. Moreover, the stretch films and shrink films are thin and elastic films that are increasingly used to wrap a product or commodity in the packaging industries. Due to the lower density and higher flexibility of LDPE packaging products, the vendors use LDPE packaging for manufacturing stretch and shrink film packaging. This increased usage of LDPE packaging products in the stretch and shrink film packaging will drive the growth of the market. Technavio's market research analysts predict that this market will grow at a CAGR of nearly 6% by 2021.

The increasing demand for innovative LDPE packaging is one of the key trends that will contribute to the growth of this market in the forthcoming years. Numerous innovative LDPE packaging solutions have been introduced for different industries to increase the levels of sustainability and need for LDPE packaging. For instance, Tetra Pak drives the food processing and LDPE packaging solution to promote sustainable packaging. Also, paperboards, combined with bio-based LDPE made from sugarcane, raised the renewable resources content material up to 80%-83% for Tetra Brik packaging for the Aseptic 1-liter package.

Competitive landscape and key vendors  

The vendors in the LDPE packaging market compete based on capacity, price, product quality, volume, product design, and technological innovations. Large market vendors are looking at targeting smaller niche players with advanced packaging products for expanding their product range. Manufacturers are also expanding their businesses by setting up new manufacturing facilities and launching new innovative products.

The leading vendors in the market are ?

• Amcor
• Bemis
• Berry Plastics
• Huhtamaki Group
• Sealed Air

The other prominent vendors in the market are Coveris, Daibochi Plastic, Flextrus, Hipac Packaging Solutions, Interplast, IPS Packaging, McNeely Plastics, Nampak, Serioplast, and Silgan.

Segmentation by application and analysis of the LDPE packaging market

• Film and sheet
• Extrusion coating

During 2016, the film and sheet application segment accounted for the major shares of the LDPE packaging market. Factors such as the development of the food and beverage, pharmaceuticals and healthcare industry and the rising need for convenient plastic packaging solutions will contribute to the growth of this industry segment in the coming years.

Geographical segmentation and analysis of the LDPE packaging market

• Americas
• APAC
• EMEA

This market study estimates that in terms of geographic regions, APAC will be the major revenue contributor to the LDPE packaging market throughout the forecast period. The increased demand of LDPE packaging for food and beverage packaging and increase in the demand for stretch and shrink-packaging film in transportation and warehousing operations in China will drive the growth of the market in the region.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global LDPE packaging market?
• What are the key market trends impacting the growth of the global LDPE packaging market?
• What are the challenges to market growth?
• Who are the key vendors in the global LDPE packaging market?
• What are the market opportunities and threats faced by the vendors in the global LDPE packaging market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global LDPE packaging market?

Technavio also offers customization on reports based on specific client requirement.

The transportation and logistics industry is a dynamic sector that has been significantly affected by the global economic conditions and international trade laws and regulations. The industry encompasses several diverse sub-industries including logistics, packaging, transportation, and warehousing. This upcoming market research report on the global low density polyethylene (LDPE) packaging market presents an analysis of the various trends, drivers, and challenges affecting the growth of this market during the forecast period.

According to the analysts at Technavio, the increasing demand for flexible packaging in the food and beverage industry is anticipated to contribute to this market's growth over the coming years. To accurately predict the growth prospects of this market, our industry experts follow the growth trajectory of similar markets like the global retort pouches market, which is expected to grow at a CAGR of around 8% until the end of 2021.

This industry report offers an incisive look into the competitive landscape of the LDPE packaging market by covering some of the vendors operating in this market space such as Berry, Bemis, Amcor, and Huhtamaki. The LDPE output in most Western European countries is likely to fall due to the closure of many production sites, which may restrict this market's growth during the forecast period. Additionally, to help clients get a holistic outlook of the market, this report includes an analysis of the market across different geographical regions including the Americas, APAC, and EMEA.

Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases.