LONDON–(BUSINESS WIRE)–The polyethylene packaging market is expected to grow by 14.30 million t during 2020-2024, according to Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic on the polyethylene packaging market in optimistic, probable, and pessimistic forecast scenarios.
The polyethylene packaging market will witness Positive and Superior impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio’s pandemic-focused market research, market growth is likely to Decrease as compared to 2019.
Enterprises will go through Respond, Recover and Renew phases. Download free report sample
As the COVID-19 pandemic continues to spread, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through respond, recover and renew phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID crisis and towards the Next Normal.
This post-pandemic business planning research will aid clients to:
- Adjust their strategic planning to move ahead once business stability kicks in.
- Build Resilience by making effective resource and investment choices for individual business units, products and service lines.
- Conceptualize scenario-based planning to mitigate future crisis situations.
Download the Post-Pandemic Business Planning Structure. Click here
Key Considerations for Market Forecast:
- Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
- Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
- Pre- as well as post-COVID-19 market estimates
- Quarterly impact analysis and updates on market estimates
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Major Three Polyethylene Packaging Market Participants:
Reynolds Group Holdings Ltd.
Reynolds Group Holdings Ltd. operates its business under various segments such as Reynolds consumer products, pactiv foodservice, graham packaging, evergreen, and corporate. The company offers polyethylene HDPE and LLDPE packaging solutions for food and beverage packaging.
Sealed Air Corp.
Sealed Air Corp. operates its business under two segments, which include food care and product care. The company offers polyethylene foam packaging products under Cell-Aire brand. It also offers polyethylene films and polyethylene foam packaging products.
Sonoco Products Co.
Sonoco Products Co. has business operations under various segments, namely consumer packaging, display and packaging, paper and industrial converted products, and protective solutions. The company offers expanded polyethylene foam packaging solutions. It also offers HDPE and other polyethylene packaging products.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE! Get report snapshot here to get detailed market share analysis of market participants during COVID-19 lockdown: https://www.technavio.com/report/ polyethylene packaging market-industry-analysis
Polyethylene Packaging Market 2020-2024: Segmentation
Polyethylene Packaging is segmented as below:
- North America
- South America
The polyethylene packaging market is driven by growing demand for HDPE bottles. In addition, other factors such as the increasing adoption of bioplastics is expected to trigger the polyethylene packaging market toward witnessing a CAGR of over 4% during the forecast period.
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- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
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