The global virgin plastic packaging market size is estimated to grow from USD 117.23 billion in 2022 to reach an estimated USD 322.50 billion by 2032, growing at a 9.91% CAGR between 2023 and 2032.
Unlock Infinite Advantages: Subscribe to Annual Membership
Virgin plastic is polymer resins which has been manufactured from scratch and does not contain any recycled elements. This form of plastic is created for the very first occasion by employing natural gas or crude oil to generate brand spanking new plastic items. Plastic weakens with each recycling and re-grinding into new recycled materials. As a result, the integrity and endurance of the plastic are reduced. This can make the plastic feel flimsier and much more likely to fracture.
Virgin plastic is a resin produced using natural gas or crude oil and does not contain any recycled materials. Whereas post-consumer recycled plastic, as the name implies, involves the recycling of plastic packaging at its end-of-life as a consumer product. This can include water and cooldrink bottles, plastic bags, milk containers etc.
The global surgical instruments packaging market size reached US$ 24.8 billion in 2023 and is…
The global cannabis packaging market size reached USD 2.32 billion in 2023 and is projected…
The global clinical trial packaging market size reached USD 2.95 billion in 2023 and is…
The global hazardous goods packaging market size reached US$ 11.50 billion in 2023 and is…
The global panel level packaging market size is estimated to reach USD 11.13 billion by…
The global artificial intelligence in packaging market size is estimated to grow from USD 2,021.3…