March 01, 2011 09:08 ET

Plastic Packaging Market Will Reach $180 Billion in 2011

ROCKVILLE, MD--(Marketwire - March 1, 2011) - has announced the addition of Visiongain's new report, "The Plastic Packaging Market 2011-2021: Rigid and Flexible (Converted)," to their collection of Plastic market reports. For more information, visit

Visiongain's analysis has concluded that the global value of the plastic packaging market will reach $180bn in 2011.

Plastic is a vital material which is inextricably linked to economic development. As emerging economies grow, demand for plastic packaging will increase, strengthening the market for this vital commodity.

"The Plastic Packaging Market 2011-2021: Rigid and Flexible (Converted)" report examines the scope of growth available in the plastic packaging industry through items such as food and beverage packaging, personal care and healthcare products, plastic packaging innovation and substitution of other materials. The report also discusses the developments related to the changing demographics of the world population, developing infrastructure, emerging economies, rising GDPs, and the impact of laws and regulations on the plastic industry.

This detailed study analyzes the global plastic packaging industry and explores the potential of emerging markets to strengthen overall plastic packaging demand, as a result of rising GDPs and commensurate developments in activities relating to infrastructure and construction. The rebound in the global economy, which should disproportionately favor the BRIC economies -- particularly China -- will allow for industrial recovery and inventory restocking. Big gains are expected in plastic packaging production, although even stronger demand will drive prices upward, allowing for strong market growth. Furthermore, innovations drawing upon plastic's unique properties will create new and exciting opportunities in the market.

As the global plastic packaging market adapts to regional shifts on the demand and supply side, the future of the industry will look very different, allowing for growth opportunities. In mature markets, changing attitudes towards climate change, together with recent developments in high-barrier technology, will provide new sources of demand growth. In Asia, traditional plastic packaging applications will dominate growth, although the dominance of this region promises to affect significant changes in the global demand structure, providing interesting opportunities for major players within the plastic packaging industry. A full account of these developments is available within this report.

For more information, visit

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