Plastic packaging Market

1
Plastic Packaging Market

• Plastics are organic compounds with a high
  molecular weight that consist of a diverse range
  of synthetic organic compounds that, due to their
  malleability, can be moulded into a variety of
  shapes.
• The global plastic packaging market is expected
  to surpass US 559.12 Bn by the end of 2028, in
  terms of revenue, and exhibit a CAGR of 5.30
  during the forecast period (2021 to 2028).

2

• Packaging is a technology that encloses and
  protects various products for storage,
  distribution, sale, and use.
• Plastic packaging materials are made from
  petroleum and its derivatives, and they have a
  wide range of applications in a variety of
  end-use industries.
• PET is the primary feedstock used in the
  production of plastic bottles, which are widely
  used in the food and beverage, pharmaceutical,
  and cosmetics industries due to their high
  durability, lightweight, low cost, and
  recyclability.

3
Growth factors of Plastic Packaging Market

• Plastic packaging is propelling the development
  of cutting-edge packaging solutions that protect
  fragile goods while remaining inexpensive and
  easy to transport.
• Due to its high chemical resistance and tensile
  strength, high-density polyethylene (HDPE) is
  widely used as a plastic packing material, which
  finds wide application in various end-use
  industries such as chemical and cosmetics.
• Furthermore, un-pigmented HDPE bottles and
  containers are translucent, provide better
  stiffness, and are best suited for products with
  a short shelf life, such as milk.

4

• Top Companies involved are- Amcor Ltd., Sealed
  Air Corporation, Bemis  Manufacturing  Company,
  Sonoco Products Company, Mondi Plc., Tray Pack
  Corporation, Lacerta Group Inc., , Alwin Lehner
  GmbH Co. Kg, and RPC Group Plc
• For more details, visit- https//cmi-latestreporto
  rientedblogs.blogspot.com/2022/08/plastic-packagin
  g-market-size-share.html

5
Thank You

• Contact us-
• Sales Office (U.S.)
• Coherent Market Insights Pvt Ltd,
• 1001 4th Ave, 3200 Seattle, WA 98154, U.S.
• Email- sales_at_coherentmarketinsights.com
• Phone- 1-206-701-6702