The global Plastic Corrugated Packaging market size was significantly robust in 2020 and is expected to register a steady revenue CAGR over the forecast period. Key factors driving market revenue growth are regulations requiring sustainable and environmentally friendly packaging and ever-changing global e-commerce market. Polypropylene, which can be recycled, is commonly used to make corrugated plastic. Fluted (corrugated) Polypropylene (PP) sheet is a lightweight polyolefin product known for its versatility across a wide range of industries and applications. Graphic arts, packaging, agriculture, automotive, and industrial markets all use fluted PP. Signage, trade show, and retail displays, binding/stationary, crates, separators or liners in packaging, vehicle trunk liners, and other applications are common.
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Competitive Landscape:
The global Plastic Corrugated Packaging market is extremely competitive and comprise of various key players at regional and global levels. These players are focusing on developing strategic alliances such as mergers and acquisitions, partnerships, product launches, joint ventures, to strengthen their market position and enhance their product base.
Major Companies Profiled in The Report:
- Androp Packaging, INC.
- Caprihans India Limited
- Corlite Packaging
- GWP Correx
- Hinkle Manufacturing, Inc.
- Minnesota Diversified Industries
- New-Tech Packaging Inc.
- NW Packaging
- Technology Container Corp.
Market Overview:
The packaging industry is rapidly expanding in terms of revenue in the recent years, and is expected to register rapid revenue CAGR throughout the forecast period of 2022 to 2028. Rapid revenue growth is attributed to factors such as rising global population, changing lifestyle, increasing disposable income and rapid growth of the e-commerce sector. Increasing penetration of internet, social media, improving standard of living and rapid growth in the doorstep deliveries are some other factors boosting global market revenue growth. In addition, various manufacturers are focusing on offering sustainable packaging to cater to rising environmental concerns. Local dealers are focusing on innovative packaging to attract consumers.
Key questions addressed in the report:
- What size is the global Plastic Corrugated Packaging market expected to reach over the forecast period?
- Which revenue CAGR is the global market expected to register throughout the forecast period?
- Which factors are expected to hamper global market growth during the forecast period?
- Which key factors are expected to driver global Plastic Corrugated Packaging market throughout the forecast period?
- Which application segment is expected to register fastest revenue CAGR between 2021 and 2028?
- Which region is expected to register fastest revenue CAGR throughout the forecast period?
- What are the key outcomes of Porter’s Five Forces analysis and SWOT analysis?
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Global Plastic Corrugated Packaging Market Segmentation:
Type Outlook:
- Polypropylene Type
- Polyethylene Type
- Others
Applications Outlook:
- Graphic Arts and Signage
- Packaging and Storage
- Agriculture
- Automotive
Regional Analysis covers:
- North America
- S.
- Canada
- Mexico
- Europe
- Germany
- Italy
- K.
- Rest of EU
- Asia Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Argentina
- Rest of Latin America
- Middle East Africa
- Saudi Arabia
- South Africa
- A.E
- Rest of MEA
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