Plastic Packaging Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The global plastic packaging market is expected to register a CAGR of 3.56% over the forecast period. Compared to other packaging products, consumers have shown an increasing inclination toward plastic packaging, as plastic packages are lightweight and easier to handle. Similarly, even the big manufacturers prefer plastic packaging solutions because of their lower cost of production.
Key HighlightsThe global plastic packaging market is highly competitive because of the presence of many players running their businesses within national and international boundaries. The market is mildly concentrated with the presence of major players like Alpla Group, Amcor plc, Berry Global Inc., and Mondi PLC.
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