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Packaging Market Worth $1,012.6 Billion by 2021: MarketsandMarkets

Valued at $909.2 billion in 2019.

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By: Anthony Locicero

Copy editor, New York Post

The global packaging market size during this pandemic is projected to grow from $909.2 billion in 2019 to $1,012.6 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 5.5% as the most likely outcome during the forecast period, with the best-case scenario reflecting 9.2% growth and the worst-case scenario at 2.2% growth.   Based on type, the plastic packaging segment is projected to lead the market during the forecast period. Plastic is described to be very necessary to feed and help ...

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