The Asia-Pacific Plastic Wrap Market is expected to reach USD 9,643.13 million by 2030, which is USD 6,428.24 million in 2022, registering a CAGR of 5.20% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Increasing penetration of e-retail is a major factor which is likely to enhance the market growth globally. Moreover, the demand for the packaged will grow because the world population is anticipated to surge from 7.3 billion in 2015 to 9.7 billion in 2050, which is projected to increase the demand for plastic packaging such as plastic wrap. Furthermore, “polyethylene (PE)” is expected to be the fastest growing material segment because it is becoming popular as a substitute of PVC owing to the increasing environmental concerns with the chloride which has associated with PVC plastic wrap.
This Asia Pacific Plastic Wrap Market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographical expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
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The major players covered in the report are:
- Berry Global Inc,
- Reynolds Consumer Products,
- The Glad Products Company (A brand of The Clorox Company),
- AVPack Plastic Manufacturers,
- Shenzhen Chengxing Packing & Material Co.Ltd,
- AMERICAN MANUFACTURE COMPANY,
- S. C. Johnson & Son, Inc. and other players domestic and global.
DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Asia-Pacific Plastic Wrap Market Scope and Market Size
Plastic wrap market is segmented of the categorized into material, feature, processing type, transparency, hardness, distribution channel and end-user. The growth among processing segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
• The market is divided into stretch, shrink, metallized, twist, release, and other types of films based on type. Stretch films are the dominant product on the market in 2020 as a result of increasingly strict laws on the use of single-use, non-biodegradable plastics for packaging.
• The market is divided into polypropylene (PP), polyethylene (PE), polyvinyl chloride (PVC), polyethylene terephthalate (PET), ethylene-vinyl alcohol copolymer (EVOH), ethylene-vinyl acetate (EVA), nylon, and other categories based on the materials used. In 2020, polyethylene (PE) material will rule the market due to a rise in demand for the material and the ease with which polyethylene can be produced from raw materials.
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Plastic Wrap Market Country Level Analysis
Plastic wrap is analysed and market size information is provided by country type, material, feature, processing type, transparency, hardness, distribution channel and end-user.
The countries covered in Asia-Pacific Plastic Wrap market report are Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland and Rest of Europe.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries.
Competitive Landscape and Plastic wrap Market Share Analysis
Plastic wrap market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to plastic wrap market.
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Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.
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