Polyethylene Packaging Market by Type and Geography - Forecast and Analysis 2021-2025

The polyethylene packaging market share is expected to increase by 14132.89 thousand tons from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 4.65%. This polyethylene packaging market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. The polyethylene packaging market report also offers information on several market vendors, including Alpha Group, Amcor Plc, Berry Global Group Inc., Constantia Flexibles Group GmbH, Coveris Management GmbH, DS Smith Plc, FKuR Kunststoff GmbH, Huhtamaki Oyj, Sealed Air Corp., and Sonoco Products Co., among others. Furthermore, this report extensively covers market segmentation by type (HDPE and LDPE) and geography (APAC, North America, Europe, South America, and MEA).

What will the Polyethylene Packaging Market Size be During the Forecast Period?

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Polyethylene Packaging Market: Key Drivers and Challenges

Based on our research output, there has been a positive impact on the market growth during and post the COVID-19 era. The growing demand for high-density polyethylene bottles is notably driving the polyethylene packaging market growth, although factors such as volatility in raw material prices may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic's impact on the polyethylene packaging industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Polyethylene Packaging Market Driver

High-density polyethylene (HDPE) is one of the most widely used resins for manufacturing plastic bottles. It is economical, impact-resistant, and provides a good moisture barrier. HDPE is naturally translucent and flexible, and any addition of color makes it opaque (although not glossy). One of the major advantages of high-density polyethylene over other plastic packaging types is its ability to be recycled. The high recycling capabilities of HDPE packaging products make the resin attractive for the manufacture of many plastic products used in the packaging industry. The demand for HDPE bottles from packaged bottled products like milk and juices will support the global polyethylene packaging market share growth during the forecast period. 

Key Polyethylene Packaging Market Challenge

Metal containers are mainly made of steel, aluminum, and tin. The tin prices are expected to increase due to its growing use in electric vehicles, robotics, and renewable energy. Glass containers are made from raw materials such as sand, soda ash, and limestone. Plastics are made from hydrocarbon derived from crude oil. Hence, the cost of plastic resins depends on crude oil prices. The cost of the raw materials used in the production of metal, glass, and plastic containers depends on various factors such as changing government policies, production cost, currency fluctuations, changing economic conditions, and resource availability. Hence, uncertainty in raw material prices is expected during the forecast period. The volatile nature of raw material prices, along with packing material, freight, workforce, and electricity costs, will impede polyethylene packaging market growth in the coming years.

This polyethylene packaging market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Polyethylene Packaging Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

• Alpha Group
• Amcor Plc
• Berry Global Group Inc.
• Constantia Flexibles Group GmbH
• Coveris Management GmbH
• DS Smith Plc
• FKuR Kunststoff GmbH
• Huhtamaki Oyj
• Sealed Air Corp.
• Sonoco Products Co.

 

This statistical study of the polyethylene packaging market encompasses successful business strategies deployed by the key vendors. The polyethylene packaging market is fragmented, and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments while maintaining their positions in the slow-growing segments.

The polyethylene packaging market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Polyethylene Packaging Market?

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45% of the market's growth will originate from APAC during the forecast period. China, India, and Japan are the key markets for polyethylene packaging in APAC. Market growth in this region will be faster than the growth of the market in MEA, North America, South America, and Europe.

This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Type Segments in the Polyethylene Packaging Market?

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The polyethylene packaging market share growth by the HDPE segment will be significant during the forecast period. One of the major advantages of HDPE over other plastic packaging types is its ability to be recycled. The high recycling capabilities of HDPE packaging products make the resin attractive for the manufacture of many plastic products used in the packaging industry. The demand for HDPE bottles from packaged bottled products such as milk and juices will drive the global polyethylene packaging market during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the polyethylene packaging market size and actionable market insights on the-post COVID-19 impact on each segment.

 

Polyethylene Packaging Market Scope
Report Coverage	Details
Page number	120
Base year	2020
Forecast period	2021-2025
Growth momentum & CAGR	Accelerate at a CAGR of 4.65%
Market growth 2021-2025	14132.89 thousand tons
Market structure	Fragmented
YoY growth (%)	4.59
Regional analysis	APAC, North America, Europe, South America, and MEA
Performing market contribution	APAC at 45%
Key consumer countries	The US, China, India, Germany, and Japan
Competitive landscape	Leading companies, Competitive strategies, Consumer engagement scope
Key companies profiled	Alpha Group, Amcor Plc, Berry Global Group Inc., Constantia Flexibles Group GmbH, Coveris Management GmbH, DS Smith Plc, FKuR Kunststoff GmbH, Huhtamaki Oyj, Sealed Air Corp., and Sonoco Products Co.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period
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.

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What are the Key Data Covered in this Polyethylene Packaging Market Report?

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will drive the polyethylene packaging market's growth during the next five years
• Precise estimation of the polyethylene packaging market's size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the polyethylene packaging industry across APAC, North America, Europe, 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 polyethylene packaging market vendors

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