PUBLISHER: TechNavio | PRODUCT CODE: 1657223
PUBLISHER: TechNavio | PRODUCT CODE: 1657223
The packaging resins market is forecasted to grow by USD 95.8 billion during 2024-2029, accelerating at a CAGR of 7.4% during the forecast period. The report on the packaging resins market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growth of E-commerce and retail sector, rising demand from food and beverage industry, and urbanization and rising disposable income.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 6% |
CAGR | 7.4% |
Incremental Value | $95.8 bn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's packaging resins market is segmented as below:
By Type
By Application
By Geographical Landscape
This study identifies the shift toward recyclable packaging as one of the prime reasons driving the packaging resins market growth during the next few years. Also, adoption of new resin production techniques and increasing demand for flexible packaging will lead to sizable demand in the market.
The report on the packaging resins market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading packaging resins market vendors that include Arkema, BASF SE, Borealis AG, Borouge PLC, Braskem SA, China National Petroleum Corp., Entec Polymers, Exxon Mobil Corp., Far Eastern New Century Corp., Indorama Ventures Public Co. Ltd., INEOS Group Holdings S.A., IPS Packaging and Automation, LyondellBasell Industries NV, Mitsui Plastics Inc., Reliance Industries Ltd., Saudi Basic Industries Corp., Sinopec Plastic Co. Ltd., Sumilon Industries Ltd., The Dow Chemical Co., and TotalEnergies SE. Also, the packaging resins market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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