Global Plastic Packaging Industry Likely to Garner Us$370.2 Bn, Driven by Rising Demand from Food and Beverages Industry.Pdf

Transparency Market

Research

Plastic Packaging Market- Global Industry Analysis,

Size, Share and Forecast 2014-2020

Published Date

28-Jan-2015

84 Page Report

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Press Release

Global Plastic Packaging Industry Likely to Garner US$370.2 bn, Driven by Rising

Demand from Food and Beverages Industry:TMR

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Plastic Packaging Market

REPORT DESCRIPTION

Plastic Packaging Market for Food & Beverages, Industrial,

Household Products, Personal Care, Medical and Other Applications

- Global Industry Analysis, Size, Share, Growth, Trends and Forecast

2014 – 2020

According to a report published by Transparency Market Research (TMR), the global plastic

packaging market, which stood at US$259.6 bn in 2013, will reach US$370.2 bn by the end of 2020.

If the figure holds true, the global market for plastic packaging will exhibit a CAGR of 5.20% between

2014 and 2020. The report is titled “Plastic Packaging Market - Global Industry Analysis, Size,

Share, Growth, Trends and Forecast 2014 - 2020” and is available on the company website for

sale.

The global plastic packaging market, according to the study, is gaining much demand from the rapidly

expanding food and beverages industry. The present generation of consumers prefers flexible

packaging more than their traditional counterparts. This in turn fuels demand from the global plastic

packaging market. Additionally, growing demand from the pharmaceutical industry is also anticipated

to boost the global plastic packaging market. However, despite such impressive growth potential, the

market is likely to face a challenge from the rising cost of raw materials, which may also impede its

growth in the long run.

Browse The Full Report At: http://www.transparencymarketresearch.com/plasticpackaging.html

For the purpose of the study, the report...