Packaging Industry

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The commercial success of plastics as a packaging product is due to a combination of flexibility (from film to rigid applications), strength, lightness, stability, impermeability, and ease of sterilization. Plastics offer a cleaner, tougher, and more appealing form of packaging, especially for the food and beverage industry, thereby generating a quick rate of growth in demand worldwide.

There is a heavy demand for a lot of products to be made available in plastic bags, pouches, and sachets, as well as the more conventional rigid packaging methods. The physical advantages that plastics provide in terms of strength and durability cannot currently be equaled by any other material for the same price. These features make plastics an ideal packaging material for all sorts of commercial and industrial users.

According to a recent report, global demand for plastic packaging was valued at $270 billion in 2014 and is expected to reach $375 billion in 2020, growing at a CAGR of 4.8% between 2015 and 2020. In terms of volume, the global plastics packaging market stood at 81,750.0 kilo tons in 2014.

 

Superior aesthetic value and excellent barrier properties of plastic against moisture and air are other important factors driving the demand for plastic packaging. However, fluctuating prices of raw materials are one of the major challenges for plastics packaging manufacturers.

With more than 30% shares in total volume consumption, the plastics packaging market was dominated by the Asia Pacific in 2014. This region is expected to be the fastest-growing market in the near future due to emerging markets in China and India. The second-largest share of the plastic packaging market was accounted for by North America in the year 2014. However, the plastic packaging market in Europe is likely to witness robust growth during the forecast period due to high demand from food packaging industries.

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Use of Plastic in Packaging – Saving food Flexible plastic packaging allows more food to get from the farm to the table.
Sources: Denkstatt’s “How Packaging Contributes to Food Waste Prevention” (cheese, bread), McEwen Associates/ Flexible Packaging Association’s (FPA) “The Value Of Flexible Packaging in Extending Shelf Life and Reducing Food Waste” (bananas, bell peppers), Packaging Technology Integrated Solutions/FPA’s “The Role Of Flexible Packaging in Reducing Food Waste” (beef, cucumbers, grapes)
Credit: Yang H. Ku/C&EN/Shutterstock

Modes of usage of Plastic in Packing:

  • Packing of heavy project/ODC-cargo.

  • Industrial transport packaging.

  • Jumbo bags for storing industrial raw material.

  • Machine covers.

  • Flexi container liners.

  • Shipping bags & drum liners.

  • Packing & Covering of industrial products stored in open.

  • Packing of export consignments Inner liner for corrugated boxes.