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The plastic market size is estimated to grow by USD 248.2 billion, at a CAGR of 6.78% between 2023 and 2028. The market's growth hinges on various factors, notably the rising demand for packaging materials across diverse industries, particularly from emerging economies. Additionally, the versatility of plastics in various applications contributes significantly to market expansion. The increasing adoption in sectors such as food and beverage, healthcare services, and consumer goods underscores its widespread utility. Moreover, the growing emphasis on sustainable packaging solutions further propels the market forward, with biodegradable plastics and recyclable plastics gaining traction. These trends reflect a broader shift towards eco-friendly practices and materials, driven by environmental concerns and regulatory pressures. As such, the market is expected for continued growth, driven by evolving consumer preferences and industry dynamics.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Technique
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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