PVC Packaging Materials Market – Size, Share, Outlook, and Opportunity Analysis, 2018 - 2025
Polyvinyl chloride (PVC) packaging material is used in various end-use industries such as personal care, food and beverages, medical, and others, owing to its properties such as light weight, good impact strength, resistance to oil, grease and chemicals, and others. The high versatility of plastic enables in reuse and recycling. Market Dynamics PVC packaging requires less fuel to produce as compared to that of other packaging materials such as metal and glass. According to Plastics Europe, the energy required for PET (polyethylene terephthalate) and HDPE (high density polyethylene) was 82.7 GJ (gigajoule) per ton and 76.7 GJ per ton whereas, for PVC was 56.7 GJ per ton. Furthermore, it also protects against contamination by helping to prevent the spread of germs during manufacturing and distribution. These factors are propelling the PVC packaging materials market growth. Request For Sample Copy of this Research Report : https://www.coherentmarketinsights.com/insight/request-sample/1923 Growing demand from processed food is also expected to drive growth of PVC packaging market. This is owing to high use of PVC packaging in processed foods, due to its aforementioned properties. According to U.S. Department of Agriculture, Foreign Agricultural Service, in Germany, the processed food and drinks market was valued at US$ 190 billion in 2016 and the food industry represented the third-largest processing industry in Germany. However, use of PVC packaging has been restricted in various countries such as Spain, Canada, Czech Republic, and South Korea, owing to health risk associated with the use of it. This is expected to hinder growth of PVC packaging materials market. According to Legislative Council, State of California, the California Assembly passed bill no. AB 1329, which prohibits a retail establishment from selling, distributing or importing a flexible or rigid polyvinyl chloride packaging container.