New Industrial Study on Paper Versus Plastic in Packaging Market

Reportlinker.com announces that a new market research report is available in its catalogue: Paper Vs Plastic in Packaging.

Plastic packaging to make further inroads into paper

In 17 selected markets where plastic and paper compete as packaging materials, plastic is expected to increase its share of the market to 49 percent (in pounds) in 2014 as it makes further inroads into paper applications. The percentage understates plastic's share since less plastic is required than paper in most applications due to its lighter weight. In addition, plastic has greater ability for lightweighting than does paper. Plastic has made the greatest gains in primary packaging but remains much less significant than paper and paperboard in secondary packaging and shipping containers.

Plastic packaging growth to outpace paper packaging

Plastic packaging growth by volume is expected to outpace that of paper packaging through 2014 in nearly all competitive markets covered in this study and is forecast to expand 2.3 percent per year through 2014. Advances for plastic will be the result of its competitive cost and performance advantages, including light weight, moisture resistance, enhanced barrier properties and puncture resistance. Plastic has continued to expand its share in a number of markets despite the sharp spike in resin prices in recent years. More moderate resin pricing through 2014 and the development of new applications for biodegradable plastics should make plastic even more competitive against paper. Though paper packaging will post more limited advances or continue to decline in the majority of markets through 2014, paper will log relatively favorable gains in a handful of markets and maintain a substantial lead over plastic. These markets include foodservice, protective packaging, and soy and other nondairy beverages. Opportunities in the foodservice and protective packaging markets will also reflect improved outlooks for consumer spending and manufacturing activity. Moreover, increased emphasis on packaging sustainability will enhance the competitiveness of paper in some applications based on environmental advantages including recyclability, renewability and biodegradability.

Rigid packaging to grow slightly faster than flexible

Rigid packaging demand in competitive markets will expand at a slightly faster pace than that of flexible packaging based on above-average growth for tubs and cups, trays and other plastic containers such as clamshells and two-piece high visibility plastic containers. Gains will also be helped by rebounds in demand for shipping drums and protective packaging following a depressed base in 2009. Based on the widespread use of products such as folding and gabletop cartons, ovenable trays and paper-based protective packaging, paper will maintain its lead over plastic in rigid packaging through 2014. However, plastic will continue to gain ground in competitive rigid packaging. Flexible packaging gains will be aided by above-average growth for protective packaging and pouches. Improved manufacturing output and Internet sales will bode well for products such as air pillows and bubble packaging, which provide cost-effective options in the protection of goods from shock, vibration, abrasion and other damaging effects of shipping and handling. Pouches will make further inroads into rigid packaging and other types of flexible packaging based on attributes of cost effectiveness, enhanced barrier properties, space savings, lighter weight, aesthetic appeal and source reduction capabilities.

Study coverage

This new industry study, Paper versus Plastic in Packaging, presents historical demand data (1999, 2004 and 2009) plus forecasts for 2014 and 2019 by competitive packaging material, type and application. The study also considers market environment factors, evaluates company market share and profiles more than 35 industry players, including Amcor, Bemis and Exopack.

Source: http://www.reportlinker.com/

Citations

Please use one of the following formats to cite this article in your essay, paper or report:

  • APA

    Report Linker. (2019, February 10). New Industrial Study on Paper Versus Plastic in Packaging Market. AZoM. Retrieved on April 20, 2024 from https://www.azom.com/news.aspx?newsID=26425.

  • MLA

    Report Linker. "New Industrial Study on Paper Versus Plastic in Packaging Market". AZoM. 20 April 2024. <https://www.azom.com/news.aspx?newsID=26425>.

  • Chicago

    Report Linker. "New Industrial Study on Paper Versus Plastic in Packaging Market". AZoM. https://www.azom.com/news.aspx?newsID=26425. (accessed April 20, 2024).

  • Harvard

    Report Linker. 2019. New Industrial Study on Paper Versus Plastic in Packaging Market. AZoM, viewed 20 April 2024, https://www.azom.com/news.aspx?newsID=26425.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type
Submit

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.