Plastic Packaging market 2021: Demand, Overview, Price, Business Opportunities
The global plastic packaging market is growing continually. The market growth attributes to the spurring rise in food & beverages and healthcare industries globally. Besides, the change in consumer's lifestyles with rapid urbanization has augmented the demand for plastic packaging. Moreover, the rising consumer demand for convenience processed and packaged foods escalate the market growth, increasing plastic material uses for packaging of F&B items. According to Market Research Future (MRFR), the global plastic packaging market is expected to cross the valuation of USD 400 BN by 2022, growing at approximately 5% CAGR during the anticipated period (2016 – 2022). The market is predominantly driven by the awareness of the advantages of plastic material as a packaging solution for consumable goods. Also, the changing lifestyle and economical growth drive the plastic packaging market growth pervasively. Additionally, increasing health ris...