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From 2019 to 2023, the growth of Plastic Supports exports remained at a lower figure. In value terms, exports contracted notably to $1.3M in 2023.
Plastic Support imports reached a peak of 75K tons in 2022 but declined in 2023, with a value of $501M.
From 2020 to 2023, the growth of imports failed to regain momentum for Plastic Closure. In value terms, Plastic Closure imports surged to $843M in 2023.
During the review period, Plastic Box imports reached a peak of 70K tons in 2022 before experiencing a significant decline the following year. In terms of value, imports of Plastic Boxes dropped to $238M in 2023.
From 2021 to 2023, the Plastic Bag exports saw a decline in growth, with export value dropping sharply to $694M in 2023.
Imports of Plastic Packaging reached a peak of 1.6M tons before significantly decreasing the following year. In terms of value, imports of plastic packaging slightly increased to $2.3B in 2023.
The global market for plastic containers is expected to see continued growth over the next seven years, driven by increasing demand worldwide. Market performance is forecasted to expand with a CAGR of +2.5% for volume and +4.8% for value from 2023 to 2030.
During the period analyzed, Plastic Container exports peaked at 188K tons in 2017 but failed to regain momentum from 2018 to 2023. In terms of value, exports saw a slight decrease, reaching $779M in 2023.
Plastic Bottle exports hit record high reaching $354M in 2023, poised for continued growth.
During the period analyzed, Plastic Doors And Windows exports peaked in 2023 and are projected to continue growing. In 2023, the value of exports for plastic doors and windows was $2.3B.
During the review period, Plastic Reservoir exports reached their highest point in 2023 and are projected to continue growing. The value of plastic reservoir exports surged to $134M in 2023.
Discover the latest trends in the global market for plastic stoppers, caps and closures. Anticipated to grow at a CAGR of +4.3% in volume and +6.5% in value from 2023 to 2030, reaching 21M tons and $157.4B respectively by 2030.
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