Global Plastic Containers Industry Revenues To Grow At Nearly 4.5% By 2030

Plastic container manufacturers are witnessing a spike in demand owing to the rise in requirement for single-use packaging. Being light-weighted, affordable, and non-reactant, plastic containers are finding applications across the spectrum - from beverages to bottled water.

The Organization for Economic Cooperation and Development (OECD) published a report in 2018 that elaborates on the guidelines for encouraging sustainable plastic design. According to the report, OECD seeks to maximise chemically sustainable packaging solutions. The OECD workshop, which took place on May 29, 30, and 31, 2018, provided inspiration for sustainable plastic production, but numerous other initiatives have further satiated the rising demand for recyclable plastic packaging solutions.

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What's Driving the Revenue of the Plastic Containers Manufacturers?

The revenue of plastic containers manufacturers is driven by a variety of factors, including the demand for their products, the cost of raw materials, and the availability of new technologies. Demand for plastic containers is driven by consumer trends and preferences, as well as the need for packaging solutions in various industries. The cost of raw materials is also a major factor in determining the revenue of plastic container manufacturers, as it affects their ability to produce quality products at competitive prices. Finally, new technologies such as 3D printing and injection molding are allowing plastic container manufacturers to create more innovative and efficient products that can meet customer needs.

Plastic Containers Market Insights Segmentation

By Region

• North America
• Europe
• East Asia
• South Asia
• Latin America
• Oceania
• Middle East & Africa

By End Use

• Cosmetics & Personal Care
• Electronics
• Food & Beverages
• Other End Users
• Pharmaceuticals
• Printing & Stationary

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Key Companies

• Alpha Packaging Holdings Incorporated
• AMCOR Ltd, Bemis Company Incorporated
• CKS Packaging Incorporated
• Constar International LLC
• Huhtamaki Oyj, Letica Corporation
• Linpac Group Ltd
• Sonoco Products Company
• Plastipak Holdings Incorporated

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This release was published on openPR.