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Global Single Use Plastic Packaging Market Report, Market Size, Share, Trends, Analysis and Forecast to 2028
Stratistics MRC's Global Display Market value is expected to reach $38.97 billion growing at a CAGR of 8.1% during 2022-2028.Single-use plastic containers are made of disposable plastic that can be recycled after use or thrown away. Examples of these products include plastic bags, straws, coffee stirrers, water bottles, and the majority of food packaging. One of the most important selling aspects of these packages is their accessibility, which lowers the cost for end consumers. The safety and hygienic qualities of the single-use plastic package, together with the fact that it makes perishable goods last longer and is simple to distribute and display in grocery shops, are some of its primary benefits.
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Due to its numerous end-use industry sectors and its prominence as a major investor in and adopter of single-use packaging, Asia-Pacific is expected to grow at the highest CAGR throughout the forecast period. Additionally, due to the growing popularity of pre-packaged meals, the expansion of supermarkets and restaurants, and the increased use of bottled water and other beverages, the regional market is anticipated to grow. These elements are enhancing the regional growth over the extrapolated period.
Some of the key players in Single Use Plastic Packaging market include Amcor PLC, Ampac Holding, Ardagh Group S.A., Bemis Company Inc., Berry Global Inc., Coveris S.A, Dart Container Corporation, Flextrus AB, Graphic Packaging International Inc., Sealed Air Corporation, Snapsil Corporation, Transcontinental Inc., Ukrplastic, Winpak Limited and Zipz Inc.
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Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
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Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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