Study on the Global Plastic Protective Packaging Market
The market study on the Plastic Protective Packaging market published by Fact.MR highlights the essential parameters that are expected to shape the growth of the Plastic Protective Packaging market in the upcoming years. The report maps the trajectory of the Plastic Protective Packaging market by taking into account historical data for the period between 20XX-20XX and considering 20XX-20XX as the forecast period.
The presented study evaluates the different factors that are likely to influence the dynamics of the Plastic Protective Packaging market including the current trends and recent developments on the technological front. In addition, the micro and macro-economic factors that are likely to impact the growth of the Plastic Protective Packaging market during the assessment period are assessed in detail.
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Segmentation of the Plastic Protective Packaging Market
The analysts have segmented the Plastic Protective Packaging market into various sections to offer a microscopic understanding of the market. The different segments studied in the report include:
- Berry Global Group plans to acquire RPC Group for approximately US$ 6.5 billion, including refinancing RPC’s net debt. It plans to create a global plastic and recycled packaging product franchise through this acquisition.
- Smurfit Kappa Group has acquired Balkanpack with an aim to expand its business in Bulgaria. Smurfit Kappa also plans to take over Vitavel, also a Bulgarian manufacturer.
- Sealed Air Corporation has entered into an agreement with Kuraray America, Inc. to offer Plantic, a plant-based food packaging in the US, Mexico, and Sealed Air Corporation’s planned investment of US$24 million is underway and the production is likely to start by Q2/2020.
Key players operating in the plastic protective packaging market include Berry Global Group, Inc., AEP Industries Inc., Intertape Polymer Group Inc., Smurfit Kappa Group, Sealed Air Corporation, Signode Packaging Systems Corporation, Winpak Ltd., Kureha Corporation, PREMIUMPACK GmbH, Flexopack S.A., Schur Flexibles Group, Coveris Holdings S.A., Allfo Vakuumverpackungen Hans Bresele Kg, Kuplast Matejka Kumar S.P., and Buergofol GmbH.
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Plastic Protective Packaging Market- Additional Insight
Stretch Wrap to Find Widespread Adoption in Protective Packaging across Industries
Stretch wraps have gained high palpability as an effective packaging solution in recent years, with demand attributed to growth in palletizing and shipping activities, in line with rising purchasing power of consumers and retail activities. Improvement in resin strength and machinery technology used in stretch wrap manufacturing is also likely to expand the application range of stretch wraps in the upcoming years. Multi-layer stretch wraps and films are also gaining popularity across various industries due to the high-strength and customization potential.
Scope of the Report
Plastic Protective Packaging Market -Research Methodology
The report on the plastic protective packaging market offers actionable and valuable insights along with in-depth analysis backed by the extensive research methodology. The key insights on the plastic protective packaging market are offered with the help of extensive primary and secondary research. Interviews and discussions with industry and market experts formed as the part of primary research methodology. While journals, press releases, company annual reports, and other valid data sources in the plastic protective packaging market were used to gain information and data on the plastic protective packaging market.
Information obtained through both primary and secondary research was used to draw conclusions in the plastic protective packaging market. The research methodology also helped in eliminating misleading information and offering correct and accurate information on the plastic protective packaging market. 2017 has been taken as the base year to offer a forecast on the plastic protective packaging market for the period from 2018 to 2028. The market report on the plastic protective packaging market is an authentic dataset for market players and readers to plan business strategies to gain a competitive advantage in the plastic protective packaging market.
Critical insights enclosed in the report:
- Country-wise assessment of the Plastic Protective Packaging market
- Underlying opportunities for emerging players in the Plastic Protective Packaging market
- Y-o-Y growth projection of the different segments and sub-segments of the Plastic Protective Packaging market
- SWOT and Porter’s Five Forces analysis to provide a clear understanding of the various companies in the Plastic Protective Packaging market
- Key strategies, product line, and market position of the established players in the Plastic Protective Packaging market
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The report aims to provide answers to the following questions related to the Plastic Protective Packaging market:
- Which product is expected to witness the highest adoption rate across various geographies?
- What are the organic and inorganic strategies adopted by market players in the Plastic Protective Packaging market?
- What are the current trends that are impacting the growth of the Plastic Protective Packaging market?
- Who are the leading companies operating in the Plastic Protective Packaging market?
- What are the marketing strategies adopted by key players to improve their sales and standing in the market?
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