MARKET OVERVIEW
The packaging resins market encompasses the utilization of different plastic resins in the packaging sector. These resins are employed to create a wide range of packaging materials such as bottles, containers, bags, and wraps. Some of the most prevalent types of resins used in packaging include polyethylene (PE), polypropylene (PP), polystyrene (PS), and polyethylene terephthalate (PET). The trend towards sustainability is also projected to drive the market for packaging resins, as consumers are increasingly seeking environmentally friendly packaging options. Packaging resins such as bioplastics and recycled resins are becoming more in demand.
MARKET DYNAMICS
The packaging resins market is anticipated to grow in the forecast period owing to driving factors such as developments in the field of packaging technology coupled with high demands from the packaging industry. Furthermore, the cost-effectiveness and the resulting improved shelf-life of the product are some other major drivers responsible for the growth of the packaging resins market. However, environmental concerns associated with the disposal of plastics is a major restraining factor for the packaging resins market. Nonetheless, growing needs for sustainable packaging solutions offer lucrative opportunities for the growth of the packaging resins market during the forecast period.
MARKET SCOPE
The "Global Packaging Resins Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of packaging resins market with detailed market segmentation by type, end-use industry, and geography. The global packaging resins market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading packaging resins market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global packaging resins market is segmented on the basis of type and end-use industry. Based on type, the market is segmented as LDPE, PP, HDPE, PET, PS & EPS, PVC, and others. The market on the basis of the end-use industry is classified as food & beverages, consumer goods, healthcare, industrial, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global packaging resins market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The packaging resins market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting packaging resins market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the packaging resins market in these regions.
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MARKET PLAYERS
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Shejal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global packaging resins market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The packaging resins market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting packaging resins market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the packaging resins market in these regions.
MARKET PLAYERS
The reports cover key developments in the packaging resins market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from packaging resins market are anticipated to witness lucrative growth opportunities in the future with the rising demand for packaging resins in the global market. Below mentioned is the list of few companies engaged in the packaging resins market.
The report also includes the profiles of key packaging resins companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- Arkema Group
- BASF SE
- Borealis AG
- Braskem
- Exxon Mobil Corporation
- Indorama Ventures Public Company Limited
- LyondellBasell Industries Holdings B.V.
- M&G Chemicals SA
- SABIC
- The Dow Chemical Company
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Packaging Resins Market - By Type
1.3.2 Packaging Resins Market - By End-Use Industry
1.3.3 Packaging Resins Market - By Region
1.3.3.1 By Country
2. KEY TAKEWAYS
3. RESEARCH METHODOLOGY
4. PACKAGING RESINS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. PACKAGING RESINS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. PACKAGING RESINS MARKET - GLOBAL MARKET ANALYSIS
6.1. PACKAGING RESINS - GLOBAL MARKET OVERVIEW
6.2. PACKAGING RESINS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. PACKAGING RESINS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. LDPE
7.3.1. Overview
7.3.2. LDPE Market Forecast and Analysis
7.4. PP
7.4.1. Overview
7.4.2. PP Market Forecast and Analysis
7.5. HDPE
7.5.1. Overview
7.5.2. HDPE Market Forecast and Analysis
7.6. PET
7.6.1. Overview
7.6.2. PET Market Forecast and Analysis
7.7. PS AND EPS
7.7.1. Overview
7.7.2. PS and EPS Market Forecast and Analysis
7.8. PVC
7.8.1. Overview
7.8.2. PVC Market Forecast and Analysis
7.9. OTHERS
7.9.1. Overview
7.9.2. Others Market Forecast and Analysis
8. PACKAGING RESINS MARKET - REVENUE AND FORECASTS TO 2028 - END-USE INDUSTRY
8.1. OVERVIEW
8.2. END-USE INDUSTRY MARKET FORECASTS AND ANALYSIS
8.3. FOOD AND BEVERAGES
8.3.1. Overview
8.3.2. Food and Beverages Market Forecast and Analysis
8.4. CONSUMER GOODS
8.4.1. Overview
8.4.2. Consumer Goods Market Forecast and Analysis
8.5. HEALTHCARE
8.5.1. Overview
8.5.2. Healthcare Market Forecast and Analysis
8.6. INDUSTRIAL
8.6.1. Overview
8.6.2. Industrial Market Forecast and Analysis
8.7. OTHERS
8.7.1. Overview
8.7.2. Others Market Forecast and Analysis
9. PACKAGING RESINS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Packaging Resins Market Overview
9.1.2 North America Packaging Resins Market Forecasts and Analysis
9.1.3 North America Packaging Resins Market Forecasts and Analysis - By Type
9.1.4 North America Packaging Resins Market Forecasts and Analysis - By End-Use Industry
9.1.5 North America Packaging Resins Market Forecasts and Analysis - By Countries
9.1.5.1 United States Packaging Resins Market
9.1.5.1.1 United States Packaging Resins Market by Type
9.1.5.1.2 United States Packaging Resins Market by End-Use Industry
9.1.5.2 Canada Packaging Resins Market
9.1.5.2.1 Canada Packaging Resins Market by Type
9.1.5.2.2 Canada Packaging Resins Market by End-Use Industry
9.1.5.3 Mexico Packaging Resins Market
9.1.5.3.1 Mexico Packaging Resins Market by Type
9.1.5.3.2 Mexico Packaging Resins Market by End-Use Industry
9.2. EUROPE
9.2.1 Europe Packaging Resins Market Overview
9.2.2 Europe Packaging Resins Market Forecasts and Analysis
9.2.3 Europe Packaging Resins Market Forecasts and Analysis - By Type
9.2.4 Europe Packaging Resins Market Forecasts and Analysis - By End-Use Industry
9.2.5 Europe Packaging Resins Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Packaging Resins Market
9.2.5.1.1 Germany Packaging Resins Market by Type
9.2.5.1.2 Germany Packaging Resins Market by End-Use Industry
9.2.5.2 France Packaging Resins Market
9.2.5.2.1 France Packaging Resins Market by Type
9.2.5.2.2 France Packaging Resins Market by End-Use Industry
9.2.5.3 Italy Packaging Resins Market
9.2.5.3.1 Italy Packaging Resins Market by Type
9.2.5.3.2 Italy Packaging Resins Market by End-Use Industry
9.2.5.4 United Kingdom Packaging Resins Market
9.2.5.4.1 United Kingdom Packaging Resins Market by Type
9.2.5.4.2 United Kingdom Packaging Resins Market by End-Use Industry
9.2.5.5 Russia Packaging Resins Market
9.2.5.5.1 Russia Packaging Resins Market by Type
9.2.5.5.2 Russia Packaging Resins Market by End-Use Industry
9.2.5.6 Rest of Europe Packaging Resins Market
9.2.5.6.1 Rest of Europe Packaging Resins Market by Type
9.2.5.6.2 Rest of Europe Packaging Resins Market by End-Use Industry
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Packaging Resins Market Overview
9.3.2 Asia-Pacific Packaging Resins Market Forecasts and Analysis
9.3.3 Asia-Pacific Packaging Resins Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Packaging Resins Market Forecasts and Analysis - By End-Use Industry
9.3.5 Asia-Pacific Packaging Resins Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Packaging Resins Market
9.3.5.1.1 Australia Packaging Resins Market by Type
9.3.5.1.2 Australia Packaging Resins Market by End-Use Industry
9.3.5.2 China Packaging Resins Market
9.3.5.2.1 China Packaging Resins Market by Type
9.3.5.2.2 China Packaging Resins Market by End-Use Industry
9.3.5.3 India Packaging Resins Market
9.3.5.3.1 India Packaging Resins Market by Type
9.3.5.3.2 India Packaging Resins Market by End-Use Industry
9.3.5.4 Japan Packaging Resins Market
9.3.5.4.1 Japan Packaging Resins Market by Type
9.3.5.4.2 Japan Packaging Resins Market by End-Use Industry
9.3.5.5 South Korea Packaging Resins Market
9.3.5.5.1 South Korea Packaging Resins Market by Type
9.3.5.5.2 South Korea Packaging Resins Market by End-Use Industry
9.3.5.6 Rest of Asia-Pacific Packaging Resins Market
9.3.5.6.1 Rest of Asia-Pacific Packaging Resins Market by Type
9.3.5.6.2 Rest of Asia-Pacific Packaging Resins Market by End-Use Industry
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Packaging Resins Market Overview
9.4.2 Middle East and Africa Packaging Resins Market Forecasts and Analysis
9.4.3 Middle East and Africa Packaging Resins Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Packaging Resins Market Forecasts and Analysis - By End-Use Industry
9.4.5 Middle East and Africa Packaging Resins Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Packaging Resins Market
9.4.5.1.1 South Africa Packaging Resins Market by Type
9.4.5.1.2 South Africa Packaging Resins Market by End-Use Industry
9.4.5.2 Saudi Arabia Packaging Resins Market
9.4.5.2.1 Saudi Arabia Packaging Resins Market by Type
9.4.5.2.2 Saudi Arabia Packaging Resins Market by End-Use Industry
9.4.5.3 U.A.E Packaging Resins Market
9.4.5.3.1 U.A.E Packaging Resins Market by Type
9.4.5.3.2 U.A.E Packaging Resins Market by End-Use Industry
9.4.5.4 Rest of Middle East and Africa Packaging Resins Market
9.4.5.4.1 Rest of Middle East and Africa Packaging Resins Market by Type
9.4.5.4.2 Rest of Middle East and Africa Packaging Resins Market by End-Use Industry
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Packaging Resins Market Overview
9.5.2 South and Central America Packaging Resins Market Forecasts and Analysis
9.5.3 South and Central America Packaging Resins Market Forecasts and Analysis - By Type
9.5.4 South and Central America Packaging Resins Market Forecasts and Analysis - By End-Use Industry
9.5.5 South and Central America Packaging Resins Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Packaging Resins Market
9.5.5.1.1 Brazil Packaging Resins Market by Type
9.5.5.1.2 Brazil Packaging Resins Market by End-Use Industry
9.5.5.2 Argentina Packaging Resins Market
9.5.5.2.1 Argentina Packaging Resins Market by Type
9.5.5.2.2 Argentina Packaging Resins Market by End-Use Industry
9.5.5.3 Rest of South and Central America Packaging Resins Market
9.5.5.3.1 Rest of South and Central America Packaging Resins Market by Type
9.5.5.3.2 Rest of South and Central America Packaging Resins Market by End-Use Industry
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. PACKAGING RESINS MARKET, KEY COMPANY PROFILES
11.1. ARKEMA GROUP
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. BASF SE
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. BOREALIS AG
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. BRASKEM
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. EXXON MOBIL CORPORATION
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. INDORAMA VENTURES PUBLIC COMPANY LIMITED
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. LYONDELLBASELL INDUSTRIES HOLDINGS B.V.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. M AND G CHEMICALS SA
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. SABIC
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. THE DOW CHEMICAL COMPANY
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies
- Arkema Group
- BASF SE
- Borealis AG
- Braskem
- Exxon Mobil Corporation
- Indorama Ventures Public Company Limited
- LyondellBasell Industries Holdings B.V.
- M&G Chemicals SA
- SABIC
- The Dow Chemical Company
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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