PVC Packaging Materials Market – Size, Share, Outlook, and Opportunity Analysis, 2018 – 2025

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PVC Packaging Materials Market – Size, Share, Outlook, and Opportunity Analysis, 2018 – 2025

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Title: PVC Packaging Materials Market – Size, Share, Outlook, and Opportunity Analysis, 2018 – 2025


1
PVC Packaging Materials Market - Global Industry
Insight, Trends, Outlook, and Opportunity
Analysis 2018-2026

2
REPORT DESCRIPTION
PVC Packaging Materials Market Overview
Polyvinyl chloride (PVC) packaging material is
used in various end-use industries such as
personal care, food and beverages, medical, and
others, owing to its properties such as light
weight, good impact strength, resistance to oil,
grease and chemicals, and others. The high
versatility of plastic enables in reuse and
recycling. Market Dynamics PVC packaging
requires less fuel to produce as compared to that
of other packaging materials such as metal and
glass. According to Plastics Europe, the energy
required for PET (polyethylene terephthalate) and
HDPE (high density polyethylene) was 82.7 GJ
(gigajoule) per ton and 76.7 GJ per ton whereas,
for PVC was 56.7 GJ per ton. Furthermore, it also
protects against contamination by helping to
prevent the spread of germs during manufacturing
and distribution. These factors are propelling
the PVC packaging materials market
growth. Growing demand from processed food is
also expected to drive growth of PVC packaging
market. This is owing to high use of PVC
packaging in processed foods, due to its
aforementioned properties. According to U.S.
Department of Agriculture, Foreign Agricultural
Service, in Germany, the processed food and
drinks market was valued at US 190 billion in
2016 and the food industry represented the
third-largest processing industry in Germany.
3
REPORT DESCRIPTION
Market Trends Among end-use industry, the food
and beverages segment is expected to witness a
significant growth in the near future, owing to
increasing growth of this industry. According to
U.S. Census Bureau, in the U.S., the total food
sales in 2016 was US 1,594.06 billion.
Furthermore, increasing consumer spending on food
and drink results in growth of this segment.
According to Department for Environment Food
Rural Affairs, the total consumer expenditure on
food, drink and catering increased by 0.9 in
2014 to US 231.10 billion. The rigid packaging
application segment is expected to show a
significant growth in the global PVC packaging
materials market over the forecast period.
According to Coherent Market Insights analysis,
the global rigid packaging market was valued at
US 529.97 billion in 2016 and is expected to
exhibit a CAGR of 4.05 during the forecast
period (2017-2025). Key manufacturers are
focusing on launching new products and plant
expansion to expand their product portfolio and
to cater to increasing consumer demand. For
instance, in February 2018, Westlake Chemical
Corp. To Get Discount on this Report
https//www.coherentmarketinsights.com/insight/req
uest-discount/1923
4
REPORT DESCRIPTION
  • Market Taxonomy
  • On the basis of application, the PVC packaging
    materials market is segmented into
  • Rigid
  • Flexible
  • Others
  • On the basis of end-use industry, the PVC
    packaging materials market is segmented into
  • Food Beverages
  • Industrial
  • Personal Care
  • Medical
  • Others
  • Request sample Copy of this Reporthttps//www.coh
    erentmarketinsights.com/insight/request-sample/192
    3


5
REPORT DESCRIPTION
Market Trends Among end-use industry, the food
and beverages segment is expected to witness a
significant growth in the near future, owing to
increasing growth of this industry. According to
U.S. Census Bureau, in the U.S., the total food
sales in 2016 was US 1,594.06 billion.
Furthermore, increasing consumer spending on food
and drink results in growth of this segment.
According to Department for Environment Food
Rural Affairs, the total consumer expenditure on
food, drink and catering increased by 0.9 in
2014 to US 231.10 billion. The rigid packaging
application segment is expected to show a
significant growth in the global PVC packaging
materials market over the forecast period.
According to Coherent Market Insights analysis,
the global rigid packaging market was valued at
US 529.97 billion in 2016 and is expected to
exhibit a CAGR of 4.05 during the forecast
period (2017-2025). Key manufacturers are
focusing on launching new products and plant
expansion to expand their product portfolio and
to cater to increasing consumer demand. For
instance, in February 2018, Westlake Chemical
Corp. To Get Discount on this Report
https//www.coherentmarketinsights.com/insight/req
uest-discount/1923
6
ABOUT COHERENT MARKET INSIGHTS
ABOUT US
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in India, with an office at the global financial
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players from across all business verticals in
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ABOUT COHERENT MARKET INSIGHTS
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8
ABOUT COHERENT MARKET INSIGHTS
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