Low Density Polyethylene (LDPE) Packaging Market - Industry Trends, Opportunities and Forecasts to 2023
The global low density polyethylene (LDPE) packaging market is projected to grow at a CAGR of 4.95% during the forecast period to grow to US$27.879 billion by 2023 from US$20.866 billion in 2017. LDPE is prepared from gaseous ethylene under very high pressure and high temperature in the presence of oxide initiators which generate a polymer structure with both long and short branches. These branches prevent the molecules from being packed closely together in a hard, crystalline and stiff arrangement making the LDPE flexible, strong and resistant to certain chemicals. LDPE industry is expected to witness significant growth owing to the growing demand in the packaging industry for innovative, lightweight and convenience packaging. Moreover, there is an increase in demand for Stretch and Shrink film packaging which will augment the demand for LDPE packaging market. Although LDPE is one of the most commonly used polyethylene, it faces the threat of substitution from LLDPE, HDPE, and ULDPE which will restrict the growth of LDPE market during the forecast period.
By End Users
By end-users, the global LDPE market is segmented as FMCG, healthcare, agriculture, consumer electronics and other industry. With the growth of packaging industry for the use of edible and non- edible products, the demand for LDPE will rise as it is cost-effective, light-weight, and has a good tensile strength. The use of LDPE packaging will rise further due to the demand in the cable industry for insulation of wires as it is UV proof, chemical resistant, flexible, and durable. The growth of stretch and shrink industry will further add to the demand of LDPE packaging industry as it provides transparent, flexible, and strong packaging of products. Odourless LDPE bags are used by pharmaceutical companies to prevent their drugs from moisture for a longer duration. Moreover, LDPE is used in our day-to-day life in the form of trays, general purpose containers, polyethylene bags, juice boxes, etc.
By geography
Geographically, global LDPE packaging market is segmented as North America, South America, Middle East and Africa, Europe, and the Asia Pacific. Europe and the Asia Pacific regions accounted for a significant market share in 2016. Countries with large populations, such as, India and China, present considerable market growth potential due to rising population and consumption spending. The growing use of light-weight and strong LDPE stretch and shrink films, and the continuous growth of packaging industry is driving the growth of this industry worldwide.
Competitive Landscape
The global LDPE packaging market is highly competitive owing to the vast presence of well-diversified international, regional, and local players. Market growth, massive consumption, favorable government policies, and economic cost of production are some of the key factors attracting new players in films packaging which dominate the majority of the LDPE packaging market-enhancing the competitive rivalry. The competitive landscape details products, strategies, and investments being done by key companies to boost their market share.
Some of the major players discussed in this report are Amcor Limited, Bemis Company, Sealed Air, and Hipac Packaging Solutions among others.
Segmentation
The global LDPE packaging market has been segmented by product, end user, and geography.
By product:
Stretch and shrink films
Bags and sacks
Coatings
Bottles
Caps/closures, and lids
Other
By end user:
FMCG
Healthcare
Agriculture
Consumer Electronics
Other
By geography:
North America
South America
Middle East and Africa
Europe
Asia Pacific
By End Users
By end-users, the global LDPE market is segmented as FMCG, healthcare, agriculture, consumer electronics and other industry. With the growth of packaging industry for the use of edible and non- edible products, the demand for LDPE will rise as it is cost-effective, light-weight, and has a good tensile strength. The use of LDPE packaging will rise further due to the demand in the cable industry for insulation of wires as it is UV proof, chemical resistant, flexible, and durable. The growth of stretch and shrink industry will further add to the demand of LDPE packaging industry as it provides transparent, flexible, and strong packaging of products. Odourless LDPE bags are used by pharmaceutical companies to prevent their drugs from moisture for a longer duration. Moreover, LDPE is used in our day-to-day life in the form of trays, general purpose containers, polyethylene bags, juice boxes, etc.
By geography
Geographically, global LDPE packaging market is segmented as North America, South America, Middle East and Africa, Europe, and the Asia Pacific. Europe and the Asia Pacific regions accounted for a significant market share in 2016. Countries with large populations, such as, India and China, present considerable market growth potential due to rising population and consumption spending. The growing use of light-weight and strong LDPE stretch and shrink films, and the continuous growth of packaging industry is driving the growth of this industry worldwide.
Competitive Landscape
The global LDPE packaging market is highly competitive owing to the vast presence of well-diversified international, regional, and local players. Market growth, massive consumption, favorable government policies, and economic cost of production are some of the key factors attracting new players in films packaging which dominate the majority of the LDPE packaging market-enhancing the competitive rivalry. The competitive landscape details products, strategies, and investments being done by key companies to boost their market share.
Some of the major players discussed in this report are Amcor Limited, Bemis Company, Sealed Air, and Hipac Packaging Solutions among others.
Segmentation
The global LDPE packaging market has been segmented by product, end user, and geography.
By product:
Stretch and shrink films
Bags and sacks
Coatings
Bottles
Caps/closures, and lids
Other
By end user:
FMCG
Healthcare
Agriculture
Consumer Electronics
Other
By geography:
North America
South America
Middle East and Africa
Europe
Asia Pacific
1. INTRODUCTION
1.1. Market Definition
1.2. Scope of the Study
1.3. Currency
1.4. Assumptions
1.5. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
2.3. Validation
3. KEY FINDINGS OF THE STUDY
4. MARKET DYNAMICS
4.1. Drivers
4.2. Restraints
4.3. Opportunities and Market Trends
4.4. Market Segmentation
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Industry Value Chain Analysis
4.7. Industry Regulations
4.8. Scenario Analysis
5. GLOBAL LDPE PACKAGING MARKET FORECAST BY PRODUCT (US$ BILLION)
5.1. Introduction
5.2. Stretch and shrink films
5.3. Bags and sacks
5.4. Coating
5.5. Bottles
5.6. Caps/closures, and lids
5.7. Other
6. GLOBAL LDPE PACKAGING MARKET FORECAST BY END USER (US$ BILLION)
6.1. Introduction
6.2. FMCG
6.3. Healthcare
6.4. Agriculture
6.5. Consumer Electronics
6.6. Other
7. GLOBAL LDPE PACKAGING MARKET FORECAST BY GEOGRAPHY (US$ BILLION)
7.1. Introduction
7.2. North America
7.3. South America
7.4. Middle East and Africa
7.5. Europe
7.6. Asia Pacific
8. COMPETITIVE INTELLIGENCE
8.1. Market Share Analysis
8.2. Strategies of Key Players
8.3. Recent Investments and Deals
9. COMPANY PROFILES
9.1. Amcor Limited
9.1.1. Overview
9.1.2. Financials
9.1.3. Product and Services
9.1.4. Key Developments
9.2. Bemis Company, Inc.
9.2.1. Overview
9.2.2. Financials
9.2.3. Products and Services
9.2.4. Key Developments
9.3. Berry Global, Inc.
9.3.1. Overview
9.3.2. Financials
9.3.3. Products and Services
9.3.4. Key Developments
9.4. Hipac Packaging Solutions
9.4.1. Overview
9.4.2. Financials
9.4.3. Products and Services
9.4.4. Key Developments
9.5. Sealed Air
9.5.1. Overview
9.5.2. Financials
9.5.3. Products and Services
9.5.4. Key Developments
9.6. Harwal Group of Companies
9.6.1. Overview
9.6.2. Financials
9.6.3. Products and Services
9.6.4. Key Developments
9.7. Strobel GmbH
9.7.1. Overview
9.7.2. Financials
9.7.3. Products and Services
9.7.4. Key Developments
9.8. R.V. Evans Company
9.8.1. Overview
9.8.2. Financials
9.8.3. Products and Services
9.8.4. Key Developments
9.9. Blueridge Films, Inc.
9.9.1. Overview
9.9.2. Financials
9.9.3. Products and Services
9.9.4. Key Developments
9.10. Huhtamaki Group
9.10.1. Overview
9.10.2. Financials
9.10.3. Products and Services
9.10.4. Key Developments
List of tables
List of figures
1.1. Market Definition
1.2. Scope of the Study
1.3. Currency
1.4. Assumptions
1.5. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
2.3. Validation
3. KEY FINDINGS OF THE STUDY
4. MARKET DYNAMICS
4.1. Drivers
4.2. Restraints
4.3. Opportunities and Market Trends
4.4. Market Segmentation
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Industry Value Chain Analysis
4.7. Industry Regulations
4.8. Scenario Analysis
5. GLOBAL LDPE PACKAGING MARKET FORECAST BY PRODUCT (US$ BILLION)
5.1. Introduction
5.2. Stretch and shrink films
5.3. Bags and sacks
5.4. Coating
5.5. Bottles
5.6. Caps/closures, and lids
5.7. Other
6. GLOBAL LDPE PACKAGING MARKET FORECAST BY END USER (US$ BILLION)
6.1. Introduction
6.2. FMCG
6.3. Healthcare
6.4. Agriculture
6.5. Consumer Electronics
6.6. Other
7. GLOBAL LDPE PACKAGING MARKET FORECAST BY GEOGRAPHY (US$ BILLION)
7.1. Introduction
7.2. North America
7.3. South America
7.4. Middle East and Africa
7.5. Europe
7.6. Asia Pacific
8. COMPETITIVE INTELLIGENCE
8.1. Market Share Analysis
8.2. Strategies of Key Players
8.3. Recent Investments and Deals
9. COMPANY PROFILES
9.1. Amcor Limited
9.1.1. Overview
9.1.2. Financials
9.1.3. Product and Services
9.1.4. Key Developments
9.2. Bemis Company, Inc.
9.2.1. Overview
9.2.2. Financials
9.2.3. Products and Services
9.2.4. Key Developments
9.3. Berry Global, Inc.
9.3.1. Overview
9.3.2. Financials
9.3.3. Products and Services
9.3.4. Key Developments
9.4. Hipac Packaging Solutions
9.4.1. Overview
9.4.2. Financials
9.4.3. Products and Services
9.4.4. Key Developments
9.5. Sealed Air
9.5.1. Overview
9.5.2. Financials
9.5.3. Products and Services
9.5.4. Key Developments
9.6. Harwal Group of Companies
9.6.1. Overview
9.6.2. Financials
9.6.3. Products and Services
9.6.4. Key Developments
9.7. Strobel GmbH
9.7.1. Overview
9.7.2. Financials
9.7.3. Products and Services
9.7.4. Key Developments
9.8. R.V. Evans Company
9.8.1. Overview
9.8.2. Financials
9.8.3. Products and Services
9.8.4. Key Developments
9.9. Blueridge Films, Inc.
9.9.1. Overview
9.9.2. Financials
9.9.3. Products and Services
9.9.4. Key Developments
9.10. Huhtamaki Group
9.10.1. Overview
9.10.2. Financials
9.10.3. Products and Services
9.10.4. Key Developments
List of tables
List of figures
