Global plastic beverage packaging market 2017-2021

According to a new report by Technavio, the global plastic beverage packaging market is expected to grow at a CAGR of close to 6% during the forecast period. APAC led the global beverage packaging market by plastic in 2016 and will continue dominating the market during the forecast period. This is mainly because packaging film manufacturers are shifting their manufacturing facilities to countries, such as India and China, in APAC to reduce their operational costs. China was the largest market in the region, with a share of 49% in 2016, followed by Japan with a share of 29%. India is expected to have the highest growth rate during the forecast period (Press Release Technavio, 9 August 2017).
Click here for the press release.
Click here for more information about the report.
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