the global plastic packaging market was valued at us 259.65 bn in 2013 and is expected to reach us370.25 bln by 2020, growing at a cagr of 5.2 over the forecast period between 2014 and 2020, as per transparency market research. in terms of volume, the plastic packaging market was worth 78,400.2 kilo tons in 2013.plastic packaging relates to bags, pouches, films, containers and envelopes made of plastic. plastic packaging is made of polymers such as high density polyethylene hdpe, low density polyethylene ldpe, polyethylene teraphthalate pet, polypropylene pp, and polyvinyl chloride pvc. plastic packaging is segmented into rigid plastic packaging and flexible plastic packaging.recent news&bull conditional approval for hanwha&rsquos acquisition of samsung general chemicals&bull maintenance completed at jurong aromatics corp&39s singapore petrochemical complex&bull ineos group combining abs resin business with styrolution unit in the americas&bull naphtha crack in asia starts week at 212 week low&bull arkema expands specialty polymer pekk capacities in france and usa 
