Plastic Packaging Sacks Market by End-user and Geography - Forecast and Analysis 2020-2024
| Published: May 2020 | Pages: 120 | SKU: IRTNTR43827 |
The plastic packaging sacks market size will record an incremental growth of USD 1.31 billion and a CAGR of 2% during 2020-2024.
This market report entails segmentation by end-user (construction, chemicals and fertilizers, horticulture, food, and others) and geography (APAC, Europe, North America, South America, and MEA).
The plastic packaging sacks market report also analyzes the market's competitive landscape and offers information on several market vendors, including Amcor Plc, Berry Global Group Inc., El Dorado Packaging, Global-Pak LLC, Greif Inc., International Plastics Inc., LC Packaging International BV, Mondi Group, Compagnie de Saint-Gobain SA, and Sonoco Products Co.
What will the Plastic Packaging Sacks Market Size be in 2020?
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Overview of Competitive Analysis
The plastic packaging sacks market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles include information on the production, competitive landscape, sustainability, and prospects of the leading companies.
The market structure is fragmented. With the shift in consumer behavior owing to the COVID-19 pandemic, the vendors are focusing on leveraging upcoming trends and drivers that have been identified and explored in this plastic packaging sacks market analysis report. Factors such as the Increased use of plastic sacks in the construction sector will offer immense growth opportunities. The report also covers challenges and strategies to dodge them, which will help vendors in recreating their plan of action to obtain growth opportunities in the future.
To make the most of the opportunities, vendors should also capitalize on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. The plastic packaging sacks market forecast report offers insights on post-COVID-19 impact on each product and service segment.
Which are the Key Regional Markets for Plastic Packaging Sacks Market?
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The report offers an up-to-date analysis of the geographical composition of the market. APAC had the largest market share in the plastic packaging sacks market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. The rising demand for plastic packaging sacks from food and beverage industry will significantly influence plastic packaging sacks market growth in this region.
43% of the market's growth will originate from APAC during the forecast period. China and Japan are the key markets for plastic packaging sacks market in the region. This report provides estimations of the contribution of all regions to the growth of the plastic packaging sacks market size.
What are the Key Factors Covered in this Plastic Packaging Sacks Market Report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive plastic packaging sacks market growth during the next five years
- Precise estimation of the size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the plastic packaging sacks market industry across APAC, Europe, North America, South America, and MEA
- A thorough analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of plastic packaging sacks market vendors
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Plastic Packaging Sacks Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2019 |
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Forecast period |
2020-2024 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 2% |
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Market growth 2020-2024 |
$ 1.31 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
1.05 |
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Regional analysis |
APAC, Europe, North America, South America, and MEA |
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Performing market contribution |
APAC at 43% |
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Key consumer countries |
US, China, UK, Germany, Japan, and Canada |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
Amcor Plc, Berry Global Group Inc., El Dorado Packaging, Global-Pak LLC, Greif Inc., International Plastics Inc., LC Packaging International BV, Mondi Group, Compagnie de Saint-Gobain SA, and Sonoco Products Co. |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by End-user
- Market segments
- Comparison by End user
- Construction - Market size and forecast 2019-2024
- Chemicals and fertilizers - Market size and forecast 2019-2024
- Horticulture - Market size and forecast 2019-2024
- Food - Market size and forecast 2019-2024
- Others - Market size and forecast 2019-2024
- Market opportunity by End user
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- North America - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Amcor Plc
- Berry Global Group Inc.
- El Dorado Packaging
- Global-Pak LLC
- Greif Inc.
- International Plastics Inc.
- LC Packaging International BV
- Mondi Group
- Compagnie de Saint-Gobain SA
- Sonoco Products Co.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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plastic packaging sacks market
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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