Packaging Resin Market Will Reach USD 374.9 Billion By 2030
In 2023, the global packaging resin market is anticipated to reach approximately USD 229.4 billion, with projections indicating a rise to USD 374.9 billion by 2030. This growth is driven by increasing demand for packaged food and beverages, which is fueled by the rising popularity of ready-to-eat meals, online food ordering, a growing global population, and rapid urbanization. As the food packaging industry expands to meet the demand for convenient, ready-to-cook, and on-the-go food items, it significantly contributes to the overall market growth.
