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Plastic Packaging Products

Global demand for plastic packaging products is forecast to expand 1.6% p.a. between 2015 and 2019. Currently, bags and sacks of polymers of ethylene account for 23.6% of the global demand while the remaining market share is divided between bags and sacks of other plastics (9.0%), bottles of plastic (15.3%), cases, boxes and crates of plastic (22.0%), spools, bobbins, cops and other supports of plastic (1.7%), caps, stoppers, lids and other closures of plastic (14.6%) and other plastic packaging products (13.9%).

China, Germany, Japan, Jordan and the United States are considered the highest potential markets in the coming years. China, France, Germany, Japan and the United States represent the largest plastic packaging product markets while the strongest annual growth is forecast to occur in Jordan (9.6%), Vietnam (9.5%), Sri Lanka (7.3%), Kenya (6.1%) and Poland (5.9%).

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