Research and Markets - Global Molded Plastic Packaging Market 2016-2020 - Key Vendors are Alpha Packaging, APEX Plastics, Plastipak, Sidel & Silgan

The global molded plastic packaging market to grow at a CAGR of 5.07%, in terms of revenue, during the period 2016-2020.

DUBLIN, 25/08/2016 (informazione.it - comunicati stampa - editoria e media)

The global molded plastic packaging market to grow at a CAGR of 5.07%, in terms of revenue, during the period 2016-2020.

The report covers the present scenario and the growth prospects of the global molded plastic packaging market for 2016-2020. To calculate the market size, the analyst considers the revenue generated from the sales of molded plastic packaging products by vendors operating in the market. The report also includes information on the market's size in terms of the volume consumption of different plastic materials or resins, which are used to manufacture various molded plastic packaging products.

The major categories of plastics used for such productions include PE, PP, polystyrene, and PVC. Molded plastics are used in a wide range of sectors like packaging, consumables and electronics, and automotive and transportation. Molded plastics are preferred over other forms of packaging because of their certain physical and chemical properties, which make them ideal packaging materials. They are tough, durable, lightweight, easy to transport, and are not brittle like glass. In addition, the cost per unit of production is low in case of molded plastics, which find a wide variety of applications.

According to the report, growing packaging industry will be a key driver for market growth. The growth of the global packaging industry will be the major driving force behind the growth of the global plastic packaging products during the forecast period. With an increase in consumer spending and growing urbanization, the packaging industry is expected to grow at a CAGR of around 5% during the forecast. The demand for rigid plastic packaging will increase for household and industrial products. The demand for plastic packaging is also increasing from the medical industry.

Further, the report states that volatility in raw material prices will be a challenge for market growth. Raw materials used for the production of moulded plastics are resins and petrochemicals. The prices of these raw materials are dependent on the price of crude oil. An increase in the volatility of the price of crude oil in the international market is a major challenge for vendors operating in the global moulded plastics market; they face uncertain procurement costs and a decrease in profit margins. Moreover, the depleting crude oil resources will also contribute to an increase in raw material prices. Thus, volatile raw material prices restrict the growth of the global moulded plastic packaging market.

Key vendors

Other prominent vendors

Key Topics Covered:

Part 01: Executive summary

Part 02: Scope of the report

Part 03: Market research methodology

Part 04: Introduction

Part 05: Market landscape

Part 06: Market segmentation materials

Part 07: Geographical segmentation

Part 08: Buying criteria

Part 09: Market drivers

Part 10: Impact of drivers

Part 11: Market challenges

Part 12: Impact of drivers and challenges

Part 13: Market trends

Part 14: Vendor landscape

Part 15: Appendix

For more information about this report visit http://www.researchandmarkets.com/research/mllhqm/global_molded