Lucintel’s latest market report analyzed that plastic packaging provides attractive opportunities in the food & beverages, industrial, pharmaceuticals, and personal & household markets. The plastic packaging market is expected to reach $207.8 billion by 2027 with a CAGR of 3.4%. In this market, food and beverage is the largest segment by end use industry, whereas rigid packaging is largest by product type. Shift of plastic packaging towards bio-based products provides strategic growth path in this market.
Download Brochure of this report by clicking on https://www.lucintel.com/plastic-packaging-market.aspx Based on end use industry, the plastic packaging market is segmented into food & beverages, industrial, pharmaceuticals, personal & household care, and others. The food and beverage segment accounted for the largest share of the market in 2021 and is expected to register the highest CAGR during the forecast period, due to changing consumer lifestyle and foods, increasing consumption of alcoholic and non-alcoholic products, and rising spending level.
Browse in-depth TOC on “Plastic Packaging Market”
68 – Tables
107 – Figures
205 – Pages
The Plastic Packaging Market is marked by the presence of several big and small players. Some of the prominent players offering plastic packaging include Amcor, Bemis, Sealed Air Corporation, Berry Plastics Group, AptarGroup.
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