Plastic Packaging Market Projected to Witness as CAGR of 5.3% due to the Growing Beneficial Awareness


Nehas1205

Uploaded on Jan 20, 2022

Category Business

Plastics are organic compounds with high molecular weight, which consists of a wide range of synthetic organic compounds which can be molded into various shapes, due to malleability.

Category Business

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Plastic Packaging Market Projected to Witness as CAGR of 5.3% due to the Growing Beneficial Awareness

Plastic Packaging Market Projected to Witness as CAGR of 5.3% due to the Growing Beneficial Awareness Plastics are organic compounds with high molecular weight, which consists of a wide range of synthetic organic compounds which can be molded into various shapes, due to malleability. Packaging is a technology, which involves enclosing and protecting various types of products for storage, distribution, sale and use. Market Dynamics Asia Pacific dominated the market in 2016 and the trend is expected to remain the same during 2017-2025. The increasing demand for rigid packaging in various end-use industries such as food & beverages, personal care and pharmaceuticals due to low production cost of plastic packaging in China and India over following years is the major driving force to position Asia-Pacific as the largest and fastest-growing region in the global plastic packaging market. Request Copy Of This Business Report: https://www.coherentmarketinsights.com/market- insight/plastic-packaging-market-394 Market Taxonomy This report segments the global plastic packaging market on the basis of product types and application. On the basis of product types, the market is segmented as rigid packaging and flexible packaging. On the basis of end use industry, the global plastic packaging market is segmented into food & beverages, industrial, household products, personal care, medical, others.  Key players: Amcor Ltd., Sealed Air Corporation, Bemis Company, Sonoco Products Company, Mondi Plc., Tray Pack Corporation, Lacerta Group Inc., Bemis Company Inc., Alwin Lehner GmbH & Co. Kg, RPC Group Plc. Detailed Segmentation: •Global Plastic Packaging Market, By Product Type: •Rigid Packaging •Flexible Packaging •Global Plastic Packaging Market, By End Use Industry: •Food & Beverages •Industrial •Household Products •Personal Care •Medical •Others About Us: Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients. Contact: Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154, U.S. Email: [email protected] United States of America: +1-206-701-6702 United Kingdom: +44-020-8133-4027 Japan: +050-5539-1737 India: +91-848-285-0837