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The regions analysed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. The Asia Pacific emerged as the largest global converted plastic packaging market, with a 47% market revenue share in 2022. The growth of the region’s consumer market, given the significant proportion of the global population residing in India and China, will drive the development of the plastic packaging market. The increasing disposable income of the population has driven the popularity of packaged goods in recent years, which will bode well for the market's growth. Furthermore, the market is home to significant manufacturing and pharmaceutical producers, which drive the demand for converted plastic packaging. E-commerce is growing, given the increasing ownership of converted smart devices, seamless internet connectivity, multiple online retailers and positive government policies encouraging the digital economy. This will augment the market's development well.
Asia Pacific region Converted Plastic Packaging Market Share in 2022 - 47%
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The material type segment is divided into plastic film, aluminium foil, paper, bioplastics, and others. The aluminium foil segment dominated the market with a market share of around 35% in 2022. Aluminium foil is widely used in food and pharmaceutical packaging. It is primarily used in liquid products like dairy goods, drinks and beverages. The ability of aluminium to act as a barrier to light, atmospheric gases and moisture makes it ideal for packaging food products without refrigeration. The material is also resistant to microbes and prevents rancidity and undesirable odours. Additionally, the aluminium foil is microwave safe and ideal for packaging ready-to-eat meals. Aluminium is highly malleable and ductile, which aids in customisable packaging, thereby widening the scope of application. The products stay fresh; the foil increases the shelf life of foods and beverages as well. These products can be recycled, making them a sustainable packaging choice. The light yet strong nature of the material also contributes to its dominance in the market.
The product type is divided into pouches, wicketed bags, sachets, tubes, gusseted bags, wraps and others. The pouches segment dominated the market with a market share of around 37% in 2022. Pouches are flexible packaging which is used in solid food as well as liquid packaging. It is ideal for fluid packaging, given the flexible structure of the pouches that can be customized to accommodate the product. Pouches can be attached caps or squeezing mechanisms, enabling ease of use in the food and beverage or other industrial sectors. Their flexibility enables the production of pouches in different materials, sizes, heights, colours, shapes etc. Furthermore, and it is efficient and economical for the producers given the near-zero wastage of products while filling pouches. The pouch packaging is lighter and uses less raw material, translating into less space while storage, shipping and distribution, thereby reducing logistical costs in the long run. The several benefits of the pouch packaging type aid in its dominance in the market.
The application is divided into food and beverage, retail, cosmetics, industrial, pharmaceuticals, toiletries, institutional, and others. The food and beverage segment dominated the market with a market share of around 33% in 2022. In the food and beverage industry, the production, storage, packaging, distribution and consumption of packaged food products, snacks, drinks etc., the growing population with a rising disposable income is driving the demand for packaged food products and beverages, which will facilitate the growth of converted plastic packaging. The rising demand for take-out foods or ready-to-eat meals in developed nations and the increasing presence of food chains that offer these products will also augment the market's growth. Rapid urbanisation has also contributed to the rising dominance in the market.
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis by Material Type
4.3.2. Market Attractiveness Analysis by Product Type
4.3.3. Market Attractiveness Analysis by Application
4.3.4. Market Attractiveness Analysis by Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. The thriving food and beverage industry
5.3. Restraints
5.3.1. Converted plastic packaging is more prone to damage than rigid packaging
5.4. Opportunities
5.4.1. The E-commerce industry’s growth
5.5. Challenges
5.5.1. The concerns over the environmental impacts of converted plastic packaging waste
6. Global Converted Plastic Packaging Market Analysis and Forecast, By Material Type
6.1. Segment Overview
6.2. Plastic Film
6.3. Aluminium Foil
6.4. Paper
6.5. Bioplastics
6.6. Others
7. Global Converted Plastic Packaging Market Analysis and Forecast, By Product Type
7.1. Segment Overview
7.2. Pouches
7.3. Wicketed Bags
7.4. Sachets
7.5. Tubes
7.6. Gusseted Bags
7.7. Wraps
7.8. Others
8. Global Converted Plastic Packaging Market Analysis and Forecast, By Application
8.1. Segment Overview
8.2. Food and Beverage
8.3. Retail
8.4. Cosmetics
8.5. Industrial
8.6. Pharmaceuticals
8.7. Toiletries
8.8. Institutional
8.9. Others
9. Global Converted Plastic Packaging Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.5. South America
9.5.1. Brazil
9.6. Middle East and Africa
9.6.1. UAE
9.6.2. South Africa
10. Global Converted Plastic Packaging Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in the Converted Plastic Packaging Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Product Launches and Developments
10.3.2. Partnerships, Collaborations, and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. Amcor PLC
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Product Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. Berry Global
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Product Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. Constantia Flexibles Group GmbH
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Product Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. DS Smith
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Product Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. Honeywell International Inc.
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Product Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. Mondi PLC
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Product Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. ProAmpac
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Product Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. Sealed Air Corporation
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Product Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. Sonoco Products Company
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Product Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. Oracle Packaging Incorporation
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Product Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
List of Table
1. Global Converted Plastic Packaging Market, By Material Type, 2019-2032 (USD Billion)
2. Global Plastic Film Converted Plastic Packaging Market, By Region, 2019-2032 (USD Billion)
3. Global Aluminium Foil Converted Plastic Packaging Market, By Region, 2019-2032 (USD Billion)
4. Global Paper Converted Plastic Packaging Market, By Region, 2019-2032 (USD Billion)
5. Global Bioplastics Converted Plastic Packaging Market, By Region, 2019-2032 (USD Billion)
6. Global Others Converted Plastic Packaging Market, By Region, 2019-2032 (USD Billion)
7. Global Converted Plastic Packaging Market, By Product Type, 2019-2032 (USD Billion)
8. Global Pouches Converted Plastic Packaging Market, By Region, 2019-2032 (USD Billion)
9. Global Wicketed Bags Converted Plastic Packaging Market, By Region, 2019-2032 (USD Billion)
10. Global Sachets Converted Plastic Packaging Market, By Region, 2019-2032 (USD Billion)
11. Global Tubes Converted Plastic Packaging Market, By Region, 2019-2032 (USD Billion)
12. Global Gusseted Bags Converted Plastic Packaging Market, By Region, 2019-2032 (USD Billion)
13. Global Wraps Converted Plastic Packaging Market, By Region, 2019-2032 (USD Billion)
14. Global Others Converted Plastic Packaging Market, By Region, 2019-2032 (USD Billion)
15. Global Converted Plastic Packaging Market, By Application, 2019-2032 (USD Billion)
16. Global Food and Beverage Converted Plastic Packaging Market, By Region, 2019-2032 (USD Billion)
17. Global Retail Converted Plastic Packaging Market, By Region, 2019-2032 (USD Billion)
18. Global Cosmetics Converted Plastic Packaging Market, By Region, 2019-2032 (USD Billion)
19. Global Industrial Converted Plastic Packaging Market, By Region, 2019-2032 (USD Billion)
20. Global Pharmaceuticals Converted Plastic Packaging Market, By Region, 2019-2032 (USD Billion)
21. Global Toiletries Converted Plastic Packaging Market, By Region, 2019-2032 (USD Billion)
22. Global Institutional Converted Plastic Packaging Market, By Region, 2019-2032 (USD Billion)
23. Global Others Converted Plastic Packaging Market, By Region, 2019-2032 (USD Billion)
24. Global Converted Plastic Packaging Market, By Region, 2019-2032 (USD Billion)
25. North America Converted Plastic Packaging Market, By Material Type, 2019-2032 (USD Billion)
26. North America Converted Plastic Packaging Market, By Product Type, 2019-2032 (USD Billion)
27. North America Converted Plastic Packaging Market, By Application, 2019-2032 (USD Billion)
28. U.S. Converted Plastic Packaging Market, By Material Type, 2019-2032 (USD Billion)
29. U.S. Converted Plastic Packaging Market, By Product Type, 2019-2032 (USD Billion)
30. U.S. Converted Plastic Packaging Market, By Application, 2019-2032 (USD Billion)
31. Canada Converted Plastic Packaging Market, By Material Type, 2019-2032 (USD Billion)
32. Canada Converted Plastic Packaging Market, By Product Type, 2019-2032 (USD Billion)
33. Canada Converted Plastic Packaging Market, By Application, 2019-2032 (USD Billion)
34. Mexico Converted Plastic Packaging Market, By Material Type, 2019-2032 (USD Billion)
35. Mexico Converted Plastic Packaging Market, By Product Type, 2019-2032 (USD Billion)
36. Mexico Converted Plastic Packaging Market, By Application, 2019-2032 (USD Billion)
37. Europe Converted Plastic Packaging Market, By Material Type, 2019-2032 (USD Billion)
38. Europe Converted Plastic Packaging Market, By Product Type, 2019-2032 (USD Billion)
39. Europe Converted Plastic Packaging Market, By Application, 2019-2032 (USD Billion)
40. Germany Converted Plastic Packaging Market, By Material Type, 2019-2032 (USD Billion)
41. Germany Converted Plastic Packaging Market, By Product Type, 2019-2032 (USD Billion)
42. Germany Converted Plastic Packaging Market, By Application, 2019-2032 (USD Billion)
43. France Converted Plastic Packaging Market, By Material Type, 2019-2032 (USD Billion)
44. France Converted Plastic Packaging Market, By Product Type, 2019-2032 (USD Billion)
45. France Converted Plastic Packaging Market, By Application, 2019-2032 (USD Billion)
46. U.K. Converted Plastic Packaging Market, By Material Type, 2019-2032 (USD Billion)
47. U.K. Converted Plastic Packaging Market, By Product Type, 2019-2032 (USD Billion)
48. U.K. Converted Plastic Packaging Market, By Application, 2019-2032 (USD Billion)
49. Italy Converted Plastic Packaging Market, By Material Type, 2019-2032 (USD Billion)
50. Italy Converted Plastic Packaging Market, By Product Type, 2019-2032 (USD Billion)
51. Italy Converted Plastic Packaging Market, By Application, 2019-2032 (USD Billion)
52. Spain Converted Plastic Packaging Market, By Material Type, 2019-2032 (USD Billion)
53. Spain Converted Plastic Packaging Market, By Product Type, 2019-2032 (USD Billion)
54. Spain Converted Plastic Packaging Market, By Application, 2019-2032 (USD Billion)
55. Asia Pacific Converted Plastic Packaging Market, By Material Type, 2019-2032 (USD Billion)
56. Asia Pacific Converted Plastic Packaging Market, By Product Type, 2019-2032 (USD Billion)
57. Asia Pacific Converted Plastic Packaging Market, By Application, 2019-2032 (USD Billion)
58. Japan Converted Plastic Packaging Market, By Material Type, 2019-2032 (USD Billion)
59. Japan Converted Plastic Packaging Market, By Product Type, 2019-2032 (USD Billion)
60. Japan Converted Plastic Packaging Market, By Application, 2019-2032 (USD Billion)
61. China Converted Plastic Packaging Market, By Material Type, 2019-2032 (USD Billion)
62. China Converted Plastic Packaging Market, By Product Type, 2019-2032 (USD Billion)
63. China Converted Plastic Packaging Market, By Application, 2019-2032 (USD Billion)
64. India Converted Plastic Packaging Market, By Material Type, 2019-2032 (USD Billion)
65. India Converted Plastic Packaging Market, By Product Type, 2019-2032 (USD Billion)
66. India Converted Plastic Packaging Market, By Application, 2019-2032 (USD Billion)
67. South America Converted Plastic Packaging Market, By Material Type, 2019-2032 (USD Billion)
68. South America Converted Plastic Packaging Market, By Product Type, 2019-2032 (USD Billion)
69. South America Converted Plastic Packaging Market, By Application, 2019-2032 (USD Billion)
70. Brazil Converted Plastic Packaging Market, By Material Type, 2019-2032 (USD Billion)
71. Brazil Converted Plastic Packaging Market, By Product Type, 2019-2032 (USD Billion)
72. Brazil Converted Plastic Packaging Market, By Application, 2019-2032 (USD Billion)
73. Middle East and Africa Converted Plastic Packaging Market, By Material Type, 2019-2032 (USD Billion)
74. Middle East and Africa Converted Plastic Packaging Market, By Product Type, 2019-2032 (USD Billion)
75. Middle East and Africa Converted Plastic Packaging Market, By Application, 2019-2032 (USD Billion)
76. UAE Converted Plastic Packaging Market, By Material Type, 2019-2032 (USD Billion)
77. UAE Converted Plastic Packaging Market, By Product Type, 2019-2032 (USD Billion)
78. UAE Converted Plastic Packaging Market, By Application, 2019-2032 (USD Billion)
79. South Africa Converted Plastic Packaging Market, By Material Type, 2019-2032 (USD Billion)
80. South Africa Converted Plastic Packaging Market, By Product Type, 2019-2032 (USD Billion)
81. South Africa Converted Plastic Packaging Market, By Application, 2019-2032 (USD Billion)
List of Figures
1. Global Converted Plastic Packaging Market Segmentation
2. Converted Plastic Packaging Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Converted Plastic Packaging Market Attractiveness Analysis by Material Type
9. Global Converted Plastic Packaging Market Attractiveness Analysis by Product Type
10. Global Converted Plastic Packaging Market Attractiveness Analysis by Application
11. Global Converted Plastic Packaging Market Attractiveness Analysis by Region
12. Global Converted Plastic Packaging Market: Dynamics
13. Global Converted Plastic Packaging Market Share by Material Type (2022 & 2032)
14. Global Converted Plastic Packaging Market Share by Product Type (2022 & 2032)
15. Global Converted Plastic Packaging Market Share by Application (2022 & 2032)
16. Global Converted Plastic Packaging Market Share by Regions (2022 & 2032)
17. Global Converted Plastic Packaging Market Share by Company (2022)
This study forecasts revenue at global, regional, and country levels from 2019 to 2032. The Brainy Insights has segmented the global converted plastic packaging market based on below mentioned segments:
Global Converted Plastic Packaging Market by Material Type:
Global Converted Plastic Packaging Market by Product Type:
Global Converted Plastic Packaging Market by Application:
Global Converted Plastic Packaging Market by Region:
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