Product ID: UCMIG15A2194
Plastic Container Market Size, Share, Growth Analysis, By Material(PET, PP), By End-Use(Beverages, Food), By Region(North America, Europe) - Industry Forecast 2024-2031
Report ID:
UCMIG15A2194 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
Plastic Container Market Insights
Market Overview:
In 2018, the global market size for plastic containers reached USD 85.5 billion, and it is predicted to experience significant growth due to its lightweight and easy-to-handle properties. Plastic packaging is being increasingly adopted by major manufacturers such as Unilever, L’Oréal, and PepsiCo due to its lower production costs. Furthermore, advancements in materials such as LLDPE, along with the growing emphasis on cost efficiency, are expected to broaden the market's reach.
Plastic Container Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Commodity Chemicals by segment aggregation, the contribution of the Commodity Chemicals in Diversified Materials and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
Plastic Container Market Report Snapshots
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