Asia Pacific Market Forecast
The Asia Pacific region polyethylene market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2037. The growing intake of packaged food items, growth in the automotive sector, and significant growth in infrastructure, packaging, and construction industries in the region. For instance, packaging consumption in India has increased 203% over the last decade, from 4 kg per person per annum (pppa) to 8 kg pppa. With an annual growth rate of 27%, the industry is expected to reach USD 205.81 billion by 2025, up from USD 51 billion in 2019.
Author Credits: Rajrani Baghel
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