Quadintel published a new report on the Plastic ContainerMarket. The research report consists of thorough information about demand, growth, opportunities, challenges, and restraints. In addition, it delivers an in-depth analysis of the structure and possibility of global and regional industries.
The global plastic container market size was US$ 55.1 billion in 2021. The global plastic container market is forecast to grow to US$ 71 billion by 2030 by growing at a compound annual growth rate (CAGR) of 5.1% during the forecast period from 2022 to 2030.
Factors Influencing the Market
Plastic containers are widely preferred to pack the products. Plastics are easy to be molded. In addition, plastic assures the durability of the container for a long time. As a result, it will drive the growth of the global plastic container market.
Rapidly changing lifestyles and growing demand for pre-cooked food will drive the global plastic container market forward. In addition, the growing number of online food delivery platforms will surge the demand for plastic containers in the coming years. Thus, the global plastic container market will grow rapidly during the forecast period.
source : https://www.marketwatch.com/