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1.1 Definition and scope of study

Plastic packaging is ubiquitous in the retail industry and is used to display, preserve, and transport consumer products, such as cosmetics, food products (fruit and vegetables, meat, etc.) or cleaning products.

Along with cardboard packaging, which is growing especially thanks to e-commerce, plastic packaging has become indispensable due to its versatility, which makes it possible to produce packaging of varying rigidity, transparency, and complexity.

The multi-billion dollars global plastic packaging market is expected to grow between 2021 and 2028 at a compound annual growth rate of 4.2%, driven by the food, pharmaceutical and cosmetics industries. The growth of the modern retail sector, as well as the acceleration of e-commerce, especially in emerging economies, is supporting the expansion of the plastic packaging market.

In Italy, although plastic packaging accounts for only 20% of production by volume, it covers more than half of the packaging sector's revenue. In 2019, the growth of the plastic packaging sector was 2.6%, mainly driven by the food & drink sector. Indeed, 74.5% of plastic packaging was destined for food and beverages. Moreover, the main producers such as Sealed Air, Gualapack or Goglio have in common the production of packaging for the food sector. However, contrary to the global trend, only 3.8% of the production is destined for pharmaceutical use.

The Covid 19 health crisis had a positive impact on the production of plastic packaging. Indeed, the dietary changes of Italian consumers have led them to consume more packaged products rather than choosing bulk food, driven by the fear of contamination. Beyond food, the e-commerce sector is also driven by the demand for plastic packaging, also for health reasons. Finally, the pandemic is also pushing the use of disposable plastics to limit the risk of infection, which is also increasing the demand for plastic packaging.







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Reviews (1)

The plastic packaging market - France

Publicado en 06/01/2022 by Quentin Baldet - DCI Normandie

Good value for money, sufficient to have a general idea of a market, with the main indicators and trend lines.

Businesscoot Response:

Hello Quentin, Thank you for your feedback. We are glad that the study was up to your expectations. We hope you will give us a 5/5 next time ;)