Plastic Products Global Market 2020 Statistics, Trend And Growth Forecast To 2023
The Business Research Company’s latest report Plastic Products Global Market Report 2020 covers Plastic Products market drivers, Plastic Products market trends, Plastic Products market segments, Plastic Products market growth rate, Plastic Products market major players, and Plastic Products market size. The report provides in-depth analysis of the impact of COVID-19 on the Plastic Products industry, along with revised market numbers due to the effects of the coronavirus.
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Plastic Products Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global plastic products market is expected to decline from $1008.5 billion in 2019 to $987 billion in 2020 at a compound annual growth rate (CAGR) of -2.2%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 8% from 2021 and reach $1201 billion in 2023.
The report covers the Plastic Products market’s segments-
1) By Type: Plastics Packaging Materials And Unlaminated Film And Sheet, Plastic Pipes And Shapes, Laminated Plastics Plate, Sheet, And Shape, Plastics Bottle, Urethane And Other Foam Product, Polystyrene Foam Product, Other Plastics Product
2) By Technology: Injection Molding, Extrusion Molding, Blow Molding, Others
3) By End-User Industry: Automotive & Transportation, Electrical & Electronics, Medical, Construction, Others.
Subsegments covered: Bags And Pouches, Films And Sheets, Unlaminated Plastics Profile Shape, Plastics Pipe And Pipe Fitting, Laminated Plastics Plate, Laminated Plastics Sheet, Laminated Plastics Rod, HDPE Plastic Bottles, PET Plastic Bottles, PP Plastic Bottles, Other Plastic Bottles, Expandable Polystyrene Foam, Extruded Polystyrene Foam.
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