LONDON, Dec. 18, 2014 /PRNewswire/ -- This BCC Research
report quantitatively assesses individual plastics usage in the key
markets; provides rationales for the trends within each market
sector; describes the roles of the many companies involved such as
injection and blow molders, and thermoformers. It also discusses
the structure of the industry, the ever-increasing importance of
recycling, and other critical issues such as non-petroleum source
materials.
Use this report to:
- Learn about the usage of key resins used in rigid food packaging,
segmented by major application.
- Receive information about the consumption of plastics in rigid
food packaging.
- Learn about the structure of the industry, the ever-increasing
importance of recycling, and other critical issues such as
non-petroleum source materials.
- Identify the roles of key thermoformers, plastics Injection and
blow molders serving the rigid food packaging market.
Highlights
- The global plastic rigid food packaging market was estimated at
almost 30 billion pounds in 2013. The market is expected to reach
about 31.1 billion pounds in 2014 and 37.2 billion pounds by 2019,
a compound annual growth rate (CAGR) of 3.7% from 2014 to 2019.
- Polyethylene terephthalate (PET) as a segment is expected to
reach about 15.5 billion pounds in 2014. It is further projected to
grow to 18.9 billion pounds in 2019, with a CAGR of 4.1% for the
five-year period, 2014 to 2019.
- High-density polyethylene (HDPE) as a segment is expected to
reach about 6.3 billion pounds in 2014. It is further projected to
grow to nearly 7.4 billion pounds in 2019, with a CAGR of 3.3% for
the five-year period, 2014 to 2019.
INTRODUCTION
REASONS FOR DOING THE STUDY
There have been very few reports that specifically cover the
overall rigid plastic food packaging market. Previous studies in
the field covered segments of this market such
as bottles or food containers, but did not combine all the elements
into a cohesive report. There have also been a great many reports
on the flexible portion of the food
packaging market, which is mainly comprised of film-based
structures. An overall study on rigid plastic food packaging
markets takes into account a wide array of structures that can be
blown or injection molded, extruded, or thermoformed. It is also
important to consider the non-plastic competitive scene mainly
comprising glass, metal, and paperboard, as well as to assess
relatively new technologies such as barrier bottles to maintain
proper balances of oxygen and carbon dioxide. A reassessment of the
recycling scenario, especially with plastic food bottles, is also
needed to fully understand the market.
SCOPE OF THE STUDY
This report covers key resins used in rigid food packaging,
segmented by the major applications including: bottles, dairy,
meat/deli, prepared food, containers, foodservice
plates, cups, other food containers, and miscellaneous food
packaging products. The major resins covered include polyethylene
terephthalate (PET), high-density polyethylene (HDPE), polystyrene
(PS), polypropylene (PP), low-density polyethylene (LDPE),
polycarbonates (PC), styrene block copolymers (SBCs),
polyvinylchloride (PVC)
and others. Coverage is specific in terms of analyzing pre-packaged
foods in rigid packaging and excludes non-prepackaged rigid
packaging but includes foodservice uses such as trays for holding
meals, utensils, and cups. The market data represents global
consumption of plastics in rigid food packaging.
In addition to evaluations of the many technologies involved, this
report quantitatively assesses individual plastics usage in the key
markets; provides rationales for the
trends within each market sector; describes the roles of the many
companies involved such as injection and blow molders, and
thermoformers and discusses the structure of
the industry, the ever-increasing importance of recycling, and
other critical issues such as non-petroleum source materials.
METHODOLOGY
A comprehensive review and analysis was undertaken of literature
related to the industry that included trade industry articles and
company literature. These data were
elaborated upon with key participants in the industry for their
assessment of the present and future scenario of the rigid plastic
food packaging market.
STUDY GOALS
The objective in updating this study is to provide readers with a
current view of this market as to resin usage and specific
applications for the most important resins in a
quantitative manner.Other goals were to explain why important
resins are being used for specific products and applications along
with quantitative outlook of this scenario in five years.
INTENDED AUDIENCE
It seems clear that those companies in the rigid plastic food
packaging plastics business would be interested in new technical
and market developments in this large and somewhat mature market.
End users in addition to producers and marketers need to be updated
especially those in the packaged food market either rigid or
flexible. Others who might show an interest are resin producers who
would be able to assess the advantages and disadvantages of
specific plastics in each of the key end-use markets. Companies
involved in bioresins/biodegradable polymers have become much more
involved in plastic food packaging including both rigid and
flexible types of structures, along with the ever-increasing topic
of "sustainability" in all types of food packaging.
Download the full report:
https://www.reportbuyer.com/product/2274678/
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