Worldwide Packaging Resins Industry to 2026 - Cost Effectiveness and Increased Shelf-life of Products is Driving Growth - ResearchAndMarkets.com
The United States packaging industry in 2019 has generated a total value of USD 180 billion.
- The United States packaging industry in 2019 has generated a total value of USD 180 billion.
- Hence, with such factors driving the demand for flexible packaging material, the consumption of packaging resins has also been increasing from the food and beverage industry across the world.
- The revenue generated by the Indian food industry had increased from USD 68,960 million in 2010 to USD 262,339 million in 2019.
- Considering the growth prospects for the cosmetics industry in China, international cosmetic brands entered the market, which led to intense competition in the domestic cosmetic industry.