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Packaging Resins Market by Type (LDPE, PP, HDPE, PET, PS, PVC), Application (Food & Beverage, Consumer Goods, Healthcare, Industrial), and Region (North America, Europe, Asia Pacific, Middle East & Africa, and South America) - Global Forecast to 2022


Product Code : MNMCH00109791
Survey : MarketsandMarkets
Publish On : 20, May, 2022
Category : Chemicals and Advanced Materials
Study Area : Global
Report format : PDF
Sales price option (consumption tax not included)
Single User USD5650 / Question Form
5 User USD6650 / Question Form
Enterprise User USD10000 / Question Form

[Report Description]

The packaging resins market is projected to grow at a CAGR of 7.6% during the forecast period
The packaging resins market is estimated at USD 192.17 billion in 2017 and is projected to reach USD 277.13 billion by 2022, at a CAGR of 7.6% from 2017 to 2022. Growing demand from the food & beverage, FMCG, and healthcare industries, downsizing of packaging, and cost-effectiveness, and increased shelf-life of products are expected to drive the demand for packaging resins. Stringent regulations imposed on the use of plastics may pose a restraint for the market, but to a lower extent.

Among applications, the healthcare segment is projected to grow at the highest CAGR during the forecast period

The healthcare application is projected to be fastest-growing market for packaging resins due to the increasing demand from the pharmaceutical production sector. Packaging resins enable the protection of healthcare products from moisture, gas, light, and temperature. These factors are expected to drive the packaging resins market for the healthcare application.

Among type, the polypropylene segment is projected to grow at the highest CAGR from 2017 to 2022

Polypropylene is expected to be the fastest-growing segment of the packaging resins market by type, due to its properties, such as excellent low temperature impact strength, high heat deflection temperature, and rigidity.

The packaging resins market in the Asia Pacific is projected to grow at the highest CAGR during the forecast period

The packaging resins market in the Asia Pacific is projected to grow at the highest CAGR during the forecast period due to the growing food & beverage and Fast-Moving Consumer Goods (FMCG) industries. Increasing demand for applications, such as food & beverages, healthcare, and consumer goods sectors are driving the market for packaging resins in the region.


This study was validated through primaries conducted with various industry experts, worldwide. The primary sources were divided into 3 categories, namely, company type, designation, and region.

• By Company Type – Tier 1-70%, Tier 2 -20%, and Tier 3-10%
• By Designation - C Level-5%, Director Level-20%, and Others-75%
• By Region - North America-10%, Europe-35%, Asia Pacific-45%, Middle East & Africa -5%, and South America-5%

Companies Profiled in the Report:
Key players profiled in the report include ExxonMobil Corporation (US), Sinopec Corporation (China), LyondellBasell Industries Holdings B.V. (Netherlands), SABIC (Saudi Arabia), PetroChina Company Ltd.(China), and DowDupont Inc. (US).

Research Coverage:
The report offers insights on packaging resins used for various applications across regions. It aims at estimating the size of the packaging resins market during the forecast period and projects future growth potential of the market across different segments, such as type, application, and region. Furthermore, the report also includes an in-depth competitive analysis of the key players in the packaging resins market, along with their company profiles, SWOT analysis, recent developments, and key market strategies.

Key Benefits of Buying the Report:
The report will help market leaders/new entrants in the packaging resins market by providing them the closest approximations of the revenues for the overall market and its various subsegments. This report will help stakeholders obtain a better understanding of the competitive landscape and gain insights to enhance their businesses and devise suitable market strategies. The report will also help stakeholders understand the pulse of the market and help acquire information on key market drivers, restraints, challenges, and opportunities impacting the growth of the packaging resins market.

TABLE OF CONTENTS

1 INTRODUCTION 13
1.1 OBJECTIVES OF THE STUDY 13
1.2 MARKET DEFINITION 13
1.3 MARKET SCOPE 14
1.3.1 YEARS CONSIDERED FOR THE STUDY 14
1.4 CURRENCY 15
1.5 UNITS CONSIDERED 15
1.6 STAKEHOLDERS 15
2 RESEARCH METHODOLOGY 16
2.1 RESEARCH DATA 16
2.1.1 SECONDARY DATA 17
2.1.1.1 Key data from secondary sources 17
2.1.2 PRIMARY DATA 18
2.1.2.1 Key data from primary sources 18
2.1.2.2 Key industry insights 19
2.2 MARKET SIZE ESTIMATION 20
2.3 DATA TRIANGULATION 21
2.4 RESEARCH ASSUMPTIONS 22
2.5 LIMITATIONS 22
3 EXECUTIVE SUMMARY 23
4 PREMIUM INSIGHTS 26
4.1 SIGNIFICANT OPPORTUNITIES IN THE PACKAGING RESINS MARKET 26
4.2 PACKAGING RESINS MARKET, BY APPLICATION 26
4.3 APAC: PACKAGING RESINS MARKET, BY APPLICATION AND COUNTRY 27
4.4 PACKAGING RESINS MARKET, BY TYPE 28
4.5 PACKAGING RESINS MARKET, BY REGION 28
5 MARKET OVERVIEW 29
5.1 INTRODUCTION 29
5.2 MARKET DYNAMICS 29
5.2.1 DRIVERS 30
5.2.1.1 Downsizing of packaging materials 30
5.2.1.2 Cost-effectiveness & increased shelf-life of products 30
5.2.2 RESTRAINTS 30
5.2.2.1 Rising concerns pertaining to plastic disposal 30

5.2.3 OPPORTUNITIES 31
5.2.3.1 Growing demand for sustainable packaging solutions 31
5.2.3.2 Modern packaging technologies 31
5.2.4 CHALLENGES 32
5.2.4.1 Recyclability of flexible plastics 32
5.3 PORTER’S FIVE FORCES ANALYSIS 32
5.3.1 THREAT OF NEW ENTRANTS 33
5.3.2 THREAT OF SUBSTITUTES 33
5.3.3 BARGAINING POWER OF BUYERS 33
5.3.4 BARGAINING POWER OF SUPPLIERS 34
5.3.5 INTENSITY OF COMPETITIVE RIVALRY 34
5.4 MACROECONOMIC INDICATORS 35
5.4.1 TRENDS IN PLASTIC INDUSTRY 35
6 PACKAGING RESINS MARKET, BY TYPE 37
6.1 INTRODUCTION 38
6.2 LDPE 39
6.3 PP 39
6.4 HDPE 39
6.5 PET 40
6.6 PS & EPS 40
6.7 PVC 40
6.8 OTHERS 40
7 PACKAGING RESINS MARKET, BY APPLICATION 41
7.1 INTRODUCTION 42
7.2 FOOD & BEVERAGE 43
7.3 CONSUMER GOODS 43
7.4 HEALTHCARE 44
7.5 INDUSTRIAL 44
7.6 OTHERS 44
8 PACKAGING RESINS MARKET, BY REGION 45
8.1 INTRODUCTION 46
8.2 NORTH AMERICA 48
8.2.1 US 50
8.2.2 CANADA 51
8.2.3 MEXICO 52
8.3 EUROPE 53
8.3.1 GERMANY 55
8.3.2 RUSSIA 55
8.3.3 ITALY 56
8.3.4 FRANCE 57
8.3.5 UK 58
8.3.6 REST OF EUROPE 59
8.4 APAC 61
8.4.1 CHINA 63
8.4.2 JAPAN 64
8.4.3 INDIA 65
8.4.4 SOUTH KOREA 66
8.4.5 INDONESIA 66
8.4.6 REST OF APAC 67
8.5 MIDDLE EAST & AFRICA 68
8.5.1 TURKEY 69
8.5.2 IRAN 70
8.5.3 REST OF MIDDLE EAST & AFRICA 71
8.6 SOUTH AMERICA 72
8.6.1 BRAZIL 73
8.6.2 ARGENTINA 74
8.6.3 REST OF SOUTH AMERICA 75
9 COMPETITIVE LANDSCAPE 76
9.1 OVERVIEW 76
9.2 MARKET RANKING 77
9.3 COMPETITIVE SCENARIO 78
9.3.1 NEW PRODUCT LAUNCH 78
9.3.2 INVESTMENT & EXPANSION 79
9.3.3 AGREEMENT & PARTNERSHIP 80
9.3.4 MERGER & ACQUISITION 81
10 COMPANY PROFILES 82
(Business Overview, Products Offered, SWOT Analysis, and MNM View)*
10.1 SINOPEC CORPORATION 82
10.2 EXXONMOBIL CHEMICAL 84
10.3 LYONDELLBASELL INDUSTRIES HOLDINGS B.V 86
10.4 SABIC 88
10.5 PETROCHINA LTD. 90
10.6 BOREALIS AG 92
10.7 BRASKEM S.A. 94
10.8 DOWDUPONT INC. 96
10.9 INDORAMA VENTURES PUBLIC COMPANY LTD. 97
10.10 M&G CHEMICALS 99
*Details on Business Overview, Products Offered, SWOT Analysis, and MNM View might not be captured in case of unlisted companies.
10.11 OTHER MARKET PLAYERS 100
10.11.1 ARKEMA S.A. 100
10.11.2 BASF SE 100
10.11.3 BOROUGE 100
10.11.4 DAK AMERICAS LLC 100
10.11.5 FAR EASTERN NEW CENTURY CORPORATION 100
10.11.6 INEOS GROUP AG 100
10.11.7 JIANGSU SANFANGXIANG GROUP CO., LTD. 100
10.11.8 RELIANCE INDUSTRIES LTD. 101
10.11.9 STYROLUTION GROUP GMBH 101
10.11.10 TOTAL S.A. 101
11 APPENDIX 102
11.1 INSIGHTS FROM INDUSTRY EXPERTS 102
11.2 DISCUSSION GUIDE 103
11.3 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL 105
11.4 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE 107
11.5 AVAILABLE CUSTOMIZATIONS 108
11.6 RELATED REPORTS 108
11.7 AUTHOR DETAILS 109

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