Jan 3, 2019   SOURCE: BusinessWire

The Global Consumer Goods Market: Analysis of Plastics & Polymers Used - Forecast to 2024 - ResearchAndMarkets.com

The "Analysis of Plastics and Polymers Used in the Global Consumer Goods Market, Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.

Growing demand for consumer goods underpinned by rapid urbanization, increasing discretionary spending, and proliferation of e-commerce coupled with the ever-increasing focus on ensuring sustainability across the value chain is likely to engender a dynamic period for the industry, especially on the materials front.

Accordingly, a study on various plastics and polymers for consumer goods applications becomes all the more important.

Asia Pacific, by far, is the market leader owing to its dominant share in global consumer goods output. Favorable macroeconomic outlook coupled with changing consumer preferences is expected to help achieve a moderate-high growth in consumption of the considered materials for consumer goods applications in the region.

Whereas, in Latin America, the recovery following a period of economic downturn in most countries is expected to augur well for market growth over the forecast period.

The global market is characterized by presence of several large participants and a host of small- and mid-sized companies operating globally and/or regionally. Amidst a period of lackluster organic growth, major incumbents have increasingly been focusing on mergers & acquisitions in order to unlock stakeholder value and strengthen their position in an ever-competitive market.

Further, there has been an increasing focus on developing specific grades for specialty, high-end applications including appliances and housewares as against commoditized offerings.

Stringent regulations and policies coupled with increasing sense of responsibility towards the environment have prompted the incumbents to channelize efforts towards adopting greener alternatives and, in certain cases, non-plastic ones.

Research Scope

The intent of this study is to quantify the consumption of various plastics and polymers across a considered set of applications and to indicate the corresponding dollar values for the same over 2017-2024.

The material groups considered in the study include commodity polymers (polypropylene, polyethylene, polyvinyl chloride, and polystyrene), engineering polymers (acrylonitrile butadiene styrene, polyamides, polycarbonate and polyoxymethylene), thermoplastic elastomers (TPEs), and polyurethanes.

Further, application groups considered in this study include appliances & equipment, furniture, footwear, housewares, and toys, sporting goods & leisure.

The study analyzes the current market size in terms of volumes and revenues based on the weighted average prices of products in the marketplace. It also presents a seven-year growth forecast (CAGR) for the regional markets and segments under consideration.

Growth Opportunities

  • Robust Economic Growth and Corresponding Growth in Demand for Consumer Goods
  • Growing Demand for Environment-Friendly Product Offerings and Alternative Technologies
  • Differentiated Product Offerings and Value-Driven Pricing Approach
  • Inorganic Growth Strategies

Key Topics Covered

1. Executive Summary

2. Market Overview

3. Drivers and Restraints - Total Plastics & Polymers Used in the Consumer Goods Market

4. Forecasts and Trends - Total Plastics & Polymers Used in the Consumer Goods Market

5. Material and Product - Key Trends

6. Supplier Selection Metrics

7. Value Chain

8. Market Share Analysis

9. Growth Opportunities and Companies to Action

10. Mega Trends and Industry Convergence Implications

11. Dynamic SWOT Analysis, Porter's Five Forces Analysis and Noteworthy Standards & Regulations

12. North America Breakdown

13. Europe Breakdown

14. APAC Breakdown

15. Rest of the World (RoW) Breakdown

16. The Last Word

For more information about this report visit https://www.researchandmarkets.com/research/rvl3kz/the_global?w=4