Monday, May 22, 2023

Asia-Pacific Plastic Wrap Market is Expected to Grow a CAGR of 5.20% | 2023 to 2030

 Asia-Pacific Plastic Wrap Market

 This Asia Pacific Plastic Wrap Market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographical expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.Data Bridge Market Research analyses that the plastic wrap market is expected to reach USD 9,643.13 million by 2030, which is USD 6,428.24 million in 2022, registering a CAGR of 5.20% during the forecast period of 2023 to 2030.

Increasing penetration of e-retail is a major factor which is likely to enhance the market growth globally. Moreover, the demand for the packaged will grow because the world population is anticipated to surge from 7.3 billion in 2015 to 9.7 billion in 2050, which is projected to increase the demand for plastic packaging such as plastic wrap. Furthermore, “polyethylene (PE)” is expected to be the fastest growing material segment because it is becoming popular as a substitute of PVC owing to the increasing environmental concerns with the chloride which has associated with PVC plastic wrap.

Some of the major players operating in the plastic wrap market are:

  • Polywrap India (India)
  • AVPack Plastic Manufacturers (South Africa)
  • Suzhou Yuxinhong Plastic Packaging Co., Ltd. (China)
  • Natural Value Inc. (U.S.)
  • Coveris (U.K.)
  • Shenzhen Chengxing Packing & Material Co.Ltd (China)
  • Four Star Plastics (U.S.)
  • AMERICAN MANUFACTURE COMPANY (U.S.)
  • The Clorox Company (U.S.)
  • Polyvinyl Films, Inc (U.S.)
  • ChicWrap (U.S.)
  • ECPlaza Network Inc (China)
  • Shenzhen Bull New Material Technology Co., Ltd (China)

Get More Information@
https://www.databridgemarketresearch.com/reports/asia-pacific-plastic-wrap-market

Asia-Pacific Plastic Wrap Market Scope

Type

  • Stretch Films
  • Shrink Films
  • Metallized Films
  • Twist Film
  • Release Film
  • Twist Rope
  • Others

 Material

  • Polypropylene (PP)
  • Polyethylene (PE)
  • Polyvinyl Chloride (PVC)
  • Polyethylene Terephthalate (PET)
  • Ethylene Vinyl Alcohol Copolymer (EVOH)
  • Ethylene-Vinyl Acetate (EVA)
  • Nylon
  • Others

Feature

  • Moisture Proof
  • Water Soluble

 Processing Type

  • Casting
  • Multiple Extrusion
  • Blow Molding
  • Injection Molding

Transparency

  • Transparent
  • Translucent
  • Opaque

 Hardness

  • Soft
  • Rigid

 Distribution Channel

  • E-commerce
  • Convenience Store
  • Retail Stores
  • Supermarket/Hypermarket
  • Others

End-User

  • Food and Beverages
  • Pharmaceuticals
  • Personal Care and Cosmetics
  • Chemical
  • Others

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