Figure 1. Global Rigid Plastic Packaging Market Share (%), By Region, 2018
Asia Pacific is the fastest growing region and accounted for the largest market share of around 34 % in 2018, owing to rapid urbanization, increasing disposable income, and increasing demand for food & beverage and household & personal care products in emerging economies is expected to drive the market growth. According to the India Brand Equity Foundation, India’s personal care industry was valued at US$ 12.58 billion in 2017, which was less than US$ 3 billion in 2000.
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