Plastic packaging Market - PowerPoint PPT Presentation

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Plastic packaging Market


Plastic packaging – PowerPoint PPT presentation

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Title: Plastic packaging Market

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
  • 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).

  • 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

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.

  • 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

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