Deerfield Beach, FL -- (SBWIRE) -- 12/11/2015 -- The Global Plastic Packaging market is estimated at $829.7 billion in 2014 growing at a CAGR of 4.11% to reach $1145.6 billion by 2022. Tendency in households, demand for food packaging, and increasing adoption of aesthetic packaging are the key drivers for the growth of Plastic Packaging Market. Measured growth of overall packaged food market is the key restraining factor for the market growth. The opportunity for growth lies in innovation of packaging and consumer awareness. Government policy is the opportunity that resides the market growth. The adverse affects of plastics is one of the major challenges for the market growth.

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Global Plastic Packaging market is segmented by Product, by Application, by Type and by Geography. Based on Product, market is segmented into Flexible and Rigid. Based on Application, market is classified into Food & Beverages, Household Products, Medical, Industrial, Personal Care, Others. Based on Type, market is categorised into Jars, Liquid cartons, Metal cans and Glass bottles. Market by geography is segmented into North America, Europe, Asia Pacific and Rest of the World. Asia Pacific is estimated to grow faster than any other region during the forecast period.

The Key players in the market include, Crown Holdings, Ardagh Group, BWAY, Kian Joo Group, Amcor Ltd, Can-Pack, CPMC, BWAY and Greif.

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This study highlights current dynamics and developments in the Plastic Packaging market. The report incorporates in-depth analysis of the market growth drivers as well as the inhibiting factors in the Plastic Packaging market. The scope of the report covers an extensive evaluation pertaining to the winning imperatives and stakeholder strategies through a presentation of the segmentation of Plastic Packaging market in the report.

The numerous factors stimulating this market have been evaluated in the sections of this report. Along with the regional analysis, the current trends in the Plastic Packaging market, coupled with the reasons behind the development of some unique segments, have additionally been described in this Plastic Packaging market report. The report highlights the competitive landscape by elaborating on the current mergers and acquisitions (M&A), product developments, and venture funding that took place in the Plastic Packaging market in the recent past.

The section pertaining to the company profiles explains the dominance of the key players in the Plastic Packaging market and an evaluation on the major strategies employed by these key players in order to gain a bigger share in the Plastic Packaging market. This will help enhance the understanding on the competitors as well as help in gaining strong insights for strengthening one's position in the Plastic Packaging market.

There are numerous factors that are considered in order to provide the analysis and forecast of the Plastic Packaging market. Some of the factors are technological, political, social, and economic Plastic Packaging market factors. Various analytical tools such as Porter's Five Forces Analysis and Plastic Packaging market SWOT analysis are utilized to analyze the data of the Plastic Packaging market and help provide a better understanding of the market. The data has been presented via charts, tables, and graphics in Plastic Packaging market research report. This visual presentation of the data is very useful in providing a clearer view of the leading applications, end users, and key segments of the Plastic Packaging market.