Dublin, 21 August 2023 (Globe Newswire) — “Packaging Additives Global Strategic Business Report” report added of ResearchAndMarkets.com Recruitment.
The Market Outlook report provides a comprehensive analysis of the global packaging additives market across various geographic regions and applications.
It provides insights on recent, current and future sales data, historical sales from 2014 to 2021, and forecasts to 2030. The report evaluates market presence across different regions and categorizes it as strong, active, niche, or small. It further subdivides the analysis by application categories such as food and beverages, pharmaceuticals and healthcare, cosmetics and personal care, and other applications.
Key competitors in each region are highlighted. The report also presents a breakdown of the percentage of valued sales for each year over a 16-year perspective, providing a comprehensive understanding of market trends and growth potential.
Global Packaging Additives Market to Reach $824.4 Million by 2030
Global Packaging Additives Market, Estimated at US$564.1 Million in 2022, Revisited to US$824.4 Million by 2030 Amid Changing Business Environment Post-COVID-19 It is projected to reach 2020, growing at a CAGR of 4.9% according to our analysis. The period is from 2022 to 2030.
Rigid, one of the segments analyzed in the report, registered a CAGR of 4.2% and is projected to reach US$432.7 million by the end of the analysis period. Given the continued post-pandemic recovery, the growth of the flexible sector recalibrates to revise his CAGR to 5.7% over the next eight years.
The US market is estimated at $153.7 million, while China is projected to grow at a CAGR of 8.4%
The US packaging additives market is estimated at USD 153.7 million in 2022. China, the world’s second largest economy, is projected to reach her US$180.1 million in forecast market size by 2030, remaining at her CAGR of 8.4% year-on-year. The analysis period is from 2022 to 2030.
Other notable geographic markets include Japan and Canada, which are expected to grow by 2.3% and 3.5% respectively from 2022 to 2030. Among Europe, Germany is projected to grow at about 3.3% CAGR.
What’s new for 2023?
- Special report on the Russian-Ukrainian war. global inflation. Ease of zero-corona policy in China and ‘difficult’ reopening. Supply chain disruptions, global trade conflicts. and recession risk.
- Global competitiveness and market share percentage of major competitors
- Market presence across multiple geographies – strong/active/niche/small
- Bespoke updates for online, interactive, peer-to-peer collaboration
- Access to digital archives and research platforms
- 1 year of free updates
Some of the companies mentioned in this report include:
- Additive
- ADEKA Co., Ltd.
- Akzo Nobel
- Altana AG
- Amcor
- BASF SE
- Clariant
- Cytec Solvay Group
- EI DuPont de Nemours and Company
- Evonik
- flint group
- Milliken & Company
- PPEC
- Sabo SPA
- Sungwon Industry Co., Ltd.
For more information on this report, please visit: https://www.researchandmarkets.com/r/vcif9e
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