China Plastic Packaging Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The China Plastic Packaging market is expected to register a CAGR of global 2.5 % over the forecast period (2021 - 2026). Owing to the COVID-19 outbreak, food & beverage companies are developing response actions and effective plans to help mitigate their risk and prepare for how they would deal with the effects of the coronavirus. These plans include establishing an interdisciplinary crisis response team of personnel from all aspects of the business to identify, assess, and manage the risk presented. Plastic is extensively used to preserve, transport, and deliver a wide range of products, including pharmaceuticals, food, beverages, and cosmetics.
Key HighlightsAs the demand for plastic packaging has been increasing significantly in the China region, the market is mildly concentrated with the presence of major players like Amcor, Coveris Holding, Berry Global, Sealed Air Corporation, Constantia Flexibles, among others.
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