Polyethylene (PE) market size was significantly robust in 2020 and is expected to register a steady revenue CAGR over the forecast period. Key factors providing impetus to market revenue growth are rising adoption of in agriculture sector to store products such as food grains, crops, and others. In addition, rising awareness about importance of zero-wastage of fodder and increasing demand for various fresh animal feed products are other factors expected to augment market growth. Polyethylene (PE) are majorly used for packaging and storing several agriculture products such as green fodder that must be kept compact and airtight. Polyethylene (PE) have proven to be cost-effective storage systems for farmers who need more space. These bags are a low-cost alternative to traditional silage storage options such as piles, bunkers, and other systems. 

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Competitive Landscape:

The global Polyethylene (PE) market is extremely competitive and comprise of various key players at regional and global levels. These players are focusing on developing strategic alliances such as mergers and acquisitions, partnerships, product launches, joint ventures, to strengthen their market position and enhance their product base.

Major Companies Profiled in The Report:

• RKW SE
• Panama Group
• RPC Group Plc
• Silage Bag India Pvt. Ltd.
• Grainpro, Inc
• Plastar S.A.
• Canadian Tarpaulin Manufacturer
• Up North Plastics Inc

Global Polyethylene (PE) Market Segmentation:

Type Outlook:

• Polyethylene (PE)
• Polypropylene (PP)
• Others

Applications Outlook:

• Grain Storage
• Forages Storage
• Fertilizers Storage
• Dried Fruits Storage
• Others

Regional Analysis covers:

• North America
  • S.
  • Canada
  • Mexico
• Europe
  • Germany
  • Italy
  • K.
  • Rest of EU
• Asia Pacific
  • India
  • China
  • Japan
  • South Korea
  • Rest of APAC
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America
• Middle East & Africa
  • Saudi Arabia
  • South Africa
  • A.E
  • Rest of MEA

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Market Overview:

The packaging industry is rapidly expanding in terms of revenue in the recent years, and is expected to register rapid revenue CAGR throughout the forecast period of 2022 to 2028. Rapid revenue growth is attributed to factors such as rising global population, changing lifestyle, increasing disposable income and rapid growth of the e-commerce sector. Increasing penetration of internet, social media, improving standard of living and rapid growth in the doorstep deliveries are some other factors boosting global market revenue growth. In addition, various manufacturers are focusing on offering sustainable packaging to cater to rising environmental concerns. Local dealers are focusing on innovative packaging to attract consumers.  

Key questions addressed in the report:

• What size is the global Polyethylene (PE) market expected to reach over the forecast period?
• Which revenue CAGR is the global market expected to register throughout the forecast period?
• Which factors are expected to hamper global market growth during the forecast period?
• Which key factors are expected to driver global Polyethylene (PE) market throughout the forecast period?
• Which application segment is expected to register fastest revenue CAGR between 2022 and 2028?
• Which region is expected to register fastest revenue CAGR throughout the forecast period?
• What are the key outcomes of Porter’s Five Forces analysis and SWOT analysis?

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