Asia Pacific Market Forecast
The Asia-Pacific plastic containers market, is poised to account for the largest share of 35% between the time period 2023 - 2037. The growth of the market can be mainly attributed to the rising consumption of soft drinks, packaged juices, and bottled water increases in the region. Furthermore, the presence of a strong network of pharmaceutical and cosmetic manufacturers is also expected to contribute to the market growth in the region during the forecast period.
Europe Market Statistics
In addition, the European plastic containers market is expected to experience notable growth towards the end of 2037. The growth of the market can be attributed to the strong increase in consumption of packaged and processed foods, pulling followed by an increase in the employment rate. as their busy work schedules have increased the growing demand for convenience food items in the area. In addition, the presence of many high-end car manufacturers in the region is driving the demand for automotive coolants, oils, and lubricants in this region.
Author Credits: Rajrani Baghel
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