| Source: Future Market Insights Global and Consulting Pvt. Ltd. Future Market Insights Global and Consulting Pvt. Ltd.
Valley Cottage, New York, UNITED STATES
NEWARK, Del, Nov. 11, 2022 (GLOBE NEWSWIRE) — The global PE resins market is expected to witness a stagnant CAGR of around 3.6% from 2022 to 2027. The global market is estimated to be valued at USD 152.3 Billion in 2022 and is expected to reach USD 181.5 Billion by 2027. According to the synopsis of the PE resins market, it has shown that the overall PE resins market is expected to increase at a year-on-year (YoY) growth of 3.4 % in 2021-2022. The PE resins market is anticipated to be led by the Asia Pacific which is projected to capture a significant market share of about 41% in 2022.
According to the analytical estimations for 2021-2022, the Indian PE resins market will surge at around 5.4% year on year basis. Across the whole of Asia Pacific, the total revenue of PE resins is forecast to reach USD 61.7 Billion in 2022. The PE resins market is anticipated to witness a remarkable 3.6% CAGR between the forecast years from 2022 and 2027 in contrast to the 3.1% shown during the historic years between 2012 and 2021. This phenomenal rise in growth is accounted for due to an increase in demand from packaging and consumer end-use. Owing to the rising technological advancements within the packaging industry have surged the manufacturer’s preference for plastic on the backdrop of its capability for increasing the shelf life of the product and reducing losses.
Get a Sample PDF of the Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-5717
An increase in the role of packaging for material handling has been witnessed over the recent years which results in shelf-life improvement and safety influencing the demand for plastic in the global market. Approximately 40% of the plastic demand across the globe is generated from the packaging sector. PE polymers such as LDPE, LLDPE, and HDPE are extensively used for the packaging of food and beverages. Strong demand for consumer goods and the homecare industry in India, ASEAN Countries, and China is positively impacting the PE resin market across the APAC region.
Prominent manufacturers in the PE resins market are committed to the research and development of the product and are consistently offering innovative pallet stretch wrapping solutions targeted towards specific end-use. Key market players in the PE resins market are aiming at product launches and massive expansions with other manufacturers.
Request For Customization@ https://www.futuremarketinsights.com/customization-available/rep-gb-5717
More Insights into the PE Resins Market
The U.S. is expected to dominate the global PE resins market and is expected to attain a market valuation of around USD 25.7 Billion by the end of 2022. The U.S. is expected to capture the single-largest market share for the PE resins market globally. According to the reports of the United States Department of Agriculture, food industries in 2020, it accounts for almost USD 1.7 Trillion. Packaging and consumer goods will witness subsequent growth in the region and lead the U.S. end-use segment by 2031.
PE Resins Market by Category
By Resin Type:
View Full Report @ https://www.futuremarketinsights.com/reports/pe-resins-market
Table of Content
1. Executive Summary
1.1. Global Market Overview
1.2. Market Analysis
1.3. Analysis and Recommendations
2. Market Overview
2.1. Market Definition
2.2. Market Taxonomy
3. Key Market Trends
3.1. Key Trends Impacting the Market
3.2. Product Innovation / Development Trends
4. Key Success Factors
4.1. Product Adoption / Usage Analysis
4.2. Product USPs / Features
5. Global Self-adhesive Tear Tapes Market Demand Analysis 2012-2021 and Forecast, 2022-2027
5.1. Historical Market Volume (‘000 Tonnes) Analysis, 2012-2021
5.2. Current and Future Market Volume (‘000 Tonnes) Projections, 2022-2027
5.3. Y-o-Y Growth Trend Analysis
6. Global PE Resins Market – Pricing Analysis
6.1. Regional Pricing Analysis, By Resins
6.2. Pricing Break-up
6.3. Global Average Pricing Analysis Benchmark
Click Here for PE Resins Market 198 pages TOC Report
Explore Trending Reports of Packaging:
Sanitary Food and Beverage Packaging Market Size : Sanitary food & beverage packaging is undergoing a significant transformation- with an increased emphasis on incorporating sustainable development initiatives.
Cosmetic Tubes Market Share : The global cosmetics tube market exhibited year-over-year growth by 4% between 2020 and 2021. As per Future Market Insights, demand for cosmetic tubes is expected to accelerate at 4.6% CAGR. Consequently the cosmetics tube market size is projected to top US$ 2.4 Bn in 2021.
Folding Boxboard Market Trends : The folding boxboard market is estimated at US$ 12.2 Bn in 2022 and is projected to reach US$ 20.3 Bn by 2032, at a CAGR of 5.2% from 2022 to 2032.
Stretch Hood Films Market Outlook : The global stretch hood films market is poised to create greater strides between 2022 and 2031 at a CAGR of 6.1%, reaching US$ 1,399.1 Mn by the year 2031.
Plastic Rigid IBC Market Demand : The global plastic rigid IBC market size is set to reach a valuation of US$ 5.6 Bn in 2022, and further expand at a CAGR of 4.8% from 2022 to 2032. The market is anticipated to reach US$ 9.1 Bn by the end of 2032. Revenues in the plastic rigid IBC market are estimated to bolster with the top 3 countries expected to hold around 30-35% of the global plastic rigid IBC market by the end of 2022.
Frozen Food Packaging Market Value : The global frozen food packaging market is estimated at US$ 860 Mn in 2022 and is projected to reach US$ 1,649 Mn by 2032, at a CAGR of 7.5% from 2022 to 2032.
Multi-Depth Corrugated Box Market Sales : The global multi-depth corrugated boxes market is bound to create decent strides at a CAGR of 6.4% between 2022 and 2031, reaching US$ 1,614.2 Mn by the year 2031.
Surface Protection Films Market Forecast: Global sales of surface protection films are valued at around US$ 1.5 Bn in 2022. Over the 2022 to 2030 projection period, the global surface protection films market is projected to register 5.7%CAGR and reach a valuation of US$ 2.3 Bn by the end of 2030.
Duct Tapes Market Analysis : The global duct tape market is set to expand its roots at an average CAGR of 5.1% between 2022 and 2032. The market is anticipated to reach US$ 7.27 Bn by 2032, up from US$ 4.42 Bn in 2022.
Produce Packaging Market : Future Market Insights (FMI) has projected the global produce packaging market to surpass US$ 33 Bn in 2021. Increasing inclination towards consumption of fresh and organic food products has fuelled the demand for produce packaging.
About Us :
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
Future Market Insights Inc.
200 Continental Drive,
Suite 401, Newark,
Delaware – 19713, USA
For Sales Enquiries: firstname.lastname@example.org