Global plastic packaging market 2014-2020
Transparency Market Research (TMR) has published a market report about the global plastic packaging market. This market was valued at US$ 259.65 Bn in 2013 and is expected to reach US$ 370.25 Bn by 2020, growing at a CAGR of 5.2% over the forecast period between 2014 and 2020. In terms of volume, the plastic packaging market was worth 78,400.2 kilo tons in 2013.
Increasing demand for plastic packaging in the healthcare industry is expected to be one of the key factors driving the growth of this market. In addition, expansion of the food & beverages market, which is the largest application of plastic packaging, is expected to fuel growth (Press Release TMR, 28 January 2015).
Click here for the press release.
Click here for more information about the report.
If you have any questions about this subject, please contact us: info@nvc.nl, +31-(0)182-512411. This item is also included in our monthly overview, the NVC Members-only Update.