The PS Containers Market share's net worth is likely to grow from USD 1352.7 million in 2023 to over USD 1747.3 million by 2033. The market is expected to register a CAGR of 2.6% from 2023 to 2033.
Rapid urbanization, coupled with lifestyle changes, especially in developing countries, has led to an increase in the demand for PS containers.
PS containers are manufactured from the finest quality foamed polystyrene, which can easily be molded into a multitude of shapes and configurations. PS containers have excellent insulation properties and excellent thermal resistance making them highly suitable for packaging both hot and cold foods.
Hot food packed in PS containers can stay warm and cold food may stay cold for a long time. Hence, PS containers are widely used in the food service industry. PS containers are accessible in various product types such as bottles, jars, plates & bowls, trays, blisters & clamshells, and others.
The availability of PS containers in different sizes and shapes has proven to fulfill the need for various end-use applications. PS containers are lighter than many other materials making them a very economical choice for a wide range of applications.
The preference for takeaway or ready-to-eat food is growing as a result of changing lifestyles, rising disposable incomes, and rapid urbanization, particularly in developing economies.
A corporate culture promoting out-of-home food practices is also resulting in strong demand for PS containers. As a result of these factors, the PS container market is expected to grow throughout the forecast period.
As PS containers are light than many other materials, they are becoming popular in various end-use industries, including food, medical, electrical and electronics, cosmetics & personal care, and many others.
As a result of its recyclable nature, the global PS containers market is expected to see positive growth over the forecast period. For instance, the food packaging industry is estimated to account for a high share of the market due to the increasing demand for ready-to-eat food products and the growing preference for PS Containers in the food industry.
Attributes | Details |
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PS Containers Market Value (2023) | USD 1352.7 million |
PS Containers Market Expected Value (2033) | USD 1747.3 million |
PS Containers Market Projected CAGR (2023 to 2033) | 2.6% |
As per FMI, the PS Containers market may reach over USD 1747.3 million by 2033. In 2022, the global market increased at a CAGR of 2.0%, which is a market share of USD 1326 million. Although not evenly distributed throughout all regions, this growth is significant in developing markets, where it is predicted to reach USD 1352.7 million by 2023 with a CAGR of 2.6%.
Historical CAGR | 2.0% |
---|---|
Historical Market Value (2022) | USD 1326 million |
Forecast CAGR | 2.6% |
In the wake of the pandemic, PS containers have experienced low demand than anticipated across all regions compared to pre-pandemic levels. According to FMI analysis, the global PS Containers market declined by 2.0% between 2016 and 2021.
Particulars | Details |
---|---|
Jan-Jun (H1), 2021 (A) | 3.5% |
Jan-Jun (H1), 2022 Projected (P) | 3.7% |
Jan-Jun (H1), 2022 Outlook (O) | 3.0% |
BPS: H1,2022 (O) - H1,2021 (P) | -50 |
BPS Change: H1,2022 (O) - H1,2021 (A) | -70 |
One of the most important factors which have led to a significant increase in the sales of PS containers is the change in lifestyles, especially in developing countries. In countries like India, China, etc., there has been a paradigm shift in the lifestyle of people, especially over the past 2 decades.
Due to the busy lifestyle of people working in corporate companies, they hardly get any time to cook and eat their food. Instead, they go in for ready-to-eat food or fast food. In such cases, they generally make use of utensils made of Polystyrene. Because of this, there has been an increasing demand for PS containers, not only in developing but also in developed nations.
Moreover, owing to their lightweight and affordable cost, PS containers have become extremely popular. Owing to these features, they are used in a variety of industries ranging from medical, electrical, and electronics, and cosmetics and personal care. These factors have ultimately led to an increase in the sales of PS containers.
Even during the manufacturing of PS Containers, not much energy is utilized. Apart from that, the number of raw materials involved in the manufacturing of PS containers is also quite less. All these indicate the fact that businesses have saved lots of money by making use of polystyrene, and this has further propelled the sales of PS containers.
Some restraints in the PS (polystyrene) containers market include:
Owing to rapid urbanization in developing countries, Asia Pacific is believed to be the most attractive destination for the PS container market. The reason behind this is a lifestyle change, and people don’t get time to prepare food by themselves.
So, while consuming ready-to-eat food or food from a quick-service restaurant, people generally make use of PS containers.
The two countries mainly responsible for such a massive growth of the PS containers market are India and China in the Asia Pacific region, and especially China.
If we talk about North America and Europe, increasing quick-service restaurants in these regions have fueled the demand for PS containers in these regions. Moreover, the existence of rapid urbanization has also increased the sales of PS containers.
Even Latin America has been witnessing an increased demand for PS containers for a variety of industries like medical, electronics, food, etc.
Country | Statistics |
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The United States | The PS containers market in the United States currently holds the maximum number of shares and has registered a market valuation of USD 287 million in 2022. The United States PS container market is projected to capture a market share of 17.1% by the end of 2023. |
The United Kingdom | Europe is identified to hold a significant market share in the PS containers market. Currently, the United Kingdom is the leading country in this region and is accountable for a market valuation of USD 289.0 million in 2023, advancing at a moderate-paced CAGR of 3.6%. The market valuation is expected to surpass USD 555 million by 2033. |
China | China is projected to advance at a significant pace, registering a CAGR of 6.8% through the forecast period. The country is currently holding a market valuation of USD 347.1 million in 2023. FMI estimates valuation to surpass USD 670.14 million by the end of 2033. |
India | India is projected to advance at a moderate pace, registering a CAGR of 7.5% through the forecast period. The country is currently holding a market valuation of USD 310.68 million in 2023. FMI estimates valuation to surpass USD 640.31 million by the end of 2033. |
Many start-ups in the PS Containers market are working on innovative solutions to meet the evolving needs of the industry. These start-ups are hugely driven by the increasing need for enhanced environmental sustainability.
These start-ups are working to bring cutting-edge technologies and solutions to the PS container market, helping to shape the future of the industry.
There are some start-ups operating in the PS (polystyrene) container market, which includes products like foam cups, take-out containers, and packaging materials. Some examples include:
These start-ups are a part of a trend of companies looking for ways to reduce the environmental impact of packaging materials, particularly those made from plastic.
In an attempt to influence consumer purchases and differentiate product offerings, manufacturers of PS containers are introducing packaging with new textures, graphics, eye-catching colors, and innovative designs. To strengthen their position in the PS containers market, the companies are engaging in strategic initiatives, including regional expansions, mergers, partnerships, and collaborations.
Recent Developments:
Attribute | Details |
---|---|
Forecast Period | 2023 to 2033 |
Historical Data Available for | 2018 to 2023 |
Market Analysis | USD billion for Value and MT for Volume |
Key Regions Covered | North America; Latin America; Europe; The Middle East and Africa; East Asia |
Key Countries Covered | United States, Canada, Brazil, Mexico, Chile, Peru, Germany, United Kingdom., Spain, Italy, France, Russia, Poland, China, India, Japan, Australia, New Zealand, GCC Countries, North Africa, South Africa, and Turkey |
Key Segments Covered | Product, Application, Region |
Key Companies Profiled | Tray-Pak Corporation; Alpha Packaging; Genpak, LLC; Sabert Corporation; Tecnowerk Plast SRL; Takween Advanced Industries; Alpha Packaging; TYH CONTAINER Enterprise Co., Ltd.; Tekni-Plex; Dart Container Corporation |
Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
Customization & Pricing | Available upon Request |
Table 1: Global Market Value (US$ Million) Forecast by Region, 2018 to 2033
Table 2: Global Market Volume (Units) Forecast by Region, 2018 to 2033
Table 3: Global Market Value (US$ Million) Forecast by Product, 2018 to 2033
Table 4: Global Market Volume (Units) Forecast by Product, 2018 to 2033
Table 5: Global Market Value (US$ Million) Forecast by Packaging Material, 2018 to 2033
Table 6: Global Market Volume (Units) Forecast by Packaging Material, 2018 to 2033
Table 7: Global Market Value (US$ Million) Forecast by End User, 2018 to 2033
Table 8: Global Market Volume (Units) Forecast by End User, 2018 to 2033
Table 9: North America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 10: North America Market Volume (Units) Forecast by Country, 2018 to 2033
Table 11: North America Market Value (US$ Million) Forecast by Product, 2018 to 2033
Table 12: North America Market Volume (Units) Forecast by Product, 2018 to 2033
Table 13: North America Market Value (US$ Million) Forecast by Packaging Material, 2018 to 2033
Table 14: North America Market Volume (Units) Forecast by Packaging Material, 2018 to 2033
Table 15: North America Market Value (US$ Million) Forecast by End User, 2018 to 2033
Table 16: North America Market Volume (Units) Forecast by End User, 2018 to 2033
Table 17: Latin America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 18: Latin America Market Volume (Units) Forecast by Country, 2018 to 2033
Table 19: Latin America Market Value (US$ Million) Forecast by Product, 2018 to 2033
Table 20: Latin America Market Volume (Units) Forecast by Product, 2018 to 2033
Table 21: Latin America Market Value (US$ Million) Forecast by Packaging Material, 2018 to 2033
Table 22: Latin America Market Volume (Units) Forecast by Packaging Material, 2018 to 2033
Table 23: Latin America Market Value (US$ Million) Forecast by End User, 2018 to 2033
Table 24: Latin America Market Volume (Units) Forecast by End User, 2018 to 2033
Table 25: Europe Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 26: Europe Market Volume (Units) Forecast by Country, 2018 to 2033
Table 27: Europe Market Value (US$ Million) Forecast by Product, 2018 to 2033
Table 28: Europe Market Volume (Units) Forecast by Product, 2018 to 2033
Table 29: Europe Market Value (US$ Million) Forecast by Packaging Material, 2018 to 2033
Table 30: Europe Market Volume (Units) Forecast by Packaging Material, 2018 to 2033
Table 31: Europe Market Value (US$ Million) Forecast by End User, 2018 to 2033
Table 32: Europe Market Volume (Units) Forecast by End User, 2018 to 2033
Table 33: Asia Pacific Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 34: Asia Pacific Market Volume (Units) Forecast by Country, 2018 to 2033
Table 35: Asia Pacific Market Value (US$ Million) Forecast by Product, 2018 to 2033
Table 36: Asia Pacific Market Volume (Units) Forecast by Product, 2018 to 2033
Table 37: Asia Pacific Market Value (US$ Million) Forecast by Packaging Material, 2018 to 2033
Table 38: Asia Pacific Market Volume (Units) Forecast by Packaging Material, 2018 to 2033
Table 39: Asia Pacific Market Value (US$ Million) Forecast by End User, 2018 to 2033
Table 40: Asia Pacific Market Volume (Units) Forecast by End User, 2018 to 2033
Table 41: MEA Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 42: MEA Market Volume (Units) Forecast by Country, 2018 to 2033
Table 43: MEA Market Value (US$ Million) Forecast by Product, 2018 to 2033
Table 44: MEA Market Volume (Units) Forecast by Product, 2018 to 2033
Table 45: MEA Market Value (US$ Million) Forecast by Packaging Material, 2018 to 2033
Table 46: MEA Market Volume (Units) Forecast by Packaging Material, 2018 to 2033
Table 47: MEA Market Value (US$ Million) Forecast by End User, 2018 to 2033
Table 48: MEA Market Volume (Units) Forecast by End User, 2018 to 2033
Figure 1: Global Market Value (US$ Million) by Product, 2023 to 2033
Figure 2: Global Market Value (US$ Million) by Packaging Material, 2023 to 2033
Figure 3: Global Market Value (US$ Million) by End User, 2023 to 2033
Figure 4: Global Market Value (US$ Million) by Region, 2023 to 2033
Figure 5: Global Market Value (US$ Million) Analysis by Region, 2018 to 2033
Figure 6: Global Market Volume (Units) Analysis by Region, 2018 to 2033
Figure 7: Global Market Value Share (%) and BPS Analysis by Region, 2023 to 2033
Figure 8: Global Market Y-o-Y Growth (%) Projections by Region, 2023 to 2033
Figure 9: Global Market Value (US$ Million) Analysis by Product, 2018 to 2033
Figure 10: Global Market Volume (Units) Analysis by Product, 2018 to 2033
Figure 11: Global Market Value Share (%) and BPS Analysis by Product, 2023 to 2033
Figure 12: Global Market Y-o-Y Growth (%) Projections by Product, 2023 to 2033
Figure 13: Global Market Value (US$ Million) Analysis by Packaging Material, 2018 to 2033
Figure 14: Global Market Volume (Units) Analysis by Packaging Material, 2018 to 2033
Figure 15: Global Market Value Share (%) and BPS Analysis by Packaging Material, 2023 to 2033
Figure 16: Global Market Y-o-Y Growth (%) Projections by Packaging Material, 2023 to 2033
Figure 17: Global Market Value (US$ Million) Analysis by End User, 2018 to 2033
Figure 18: Global Market Volume (Units) Analysis by End User, 2018 to 2033
Figure 19: Global Market Value Share (%) and BPS Analysis by End User, 2023 to 2033
Figure 20: Global Market Y-o-Y Growth (%) Projections by End User, 2023 to 2033
Figure 21: Global Market Attractiveness by Product, 2023 to 2033
Figure 22: Global Market Attractiveness by Packaging Material, 2023 to 2033
Figure 23: Global Market Attractiveness by End User, 2023 to 2033
Figure 24: Global Market Attractiveness by Region, 2023 to 2033
Figure 25: North America Market Value (US$ Million) by Product, 2023 to 2033
Figure 26: North America Market Value (US$ Million) by Packaging Material, 2023 to 2033
Figure 27: North America Market Value (US$ Million) by End User, 2023 to 2033
Figure 28: North America Market Value (US$ Million) by Country, 2023 to 2033
Figure 29: North America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 30: North America Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 31: North America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 32: North America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 33: North America Market Value (US$ Million) Analysis by Product, 2018 to 2033
Figure 34: North America Market Volume (Units) Analysis by Product, 2018 to 2033
Figure 35: North America Market Value Share (%) and BPS Analysis by Product, 2023 to 2033
Figure 36: North America Market Y-o-Y Growth (%) Projections by Product, 2023 to 2033
Figure 37: North America Market Value (US$ Million) Analysis by Packaging Material, 2018 to 2033
Figure 38: North America Market Volume (Units) Analysis by Packaging Material, 2018 to 2033
Figure 39: North America Market Value Share (%) and BPS Analysis by Packaging Material, 2023 to 2033
Figure 40: North America Market Y-o-Y Growth (%) Projections by Packaging Material, 2023 to 2033
Figure 41: North America Market Value (US$ Million) Analysis by End User, 2018 to 2033
Figure 42: North America Market Volume (Units) Analysis by End User, 2018 to 2033
Figure 43: North America Market Value Share (%) and BPS Analysis by End User, 2023 to 2033
Figure 44: North America Market Y-o-Y Growth (%) Projections by End User, 2023 to 2033
Figure 45: North America Market Attractiveness by Product, 2023 to 2033
Figure 46: North America Market Attractiveness by Packaging Material, 2023 to 2033
Figure 47: North America Market Attractiveness by End User, 2023 to 2033
Figure 48: North America Market Attractiveness by Country, 2023 to 2033
Figure 49: Latin America Market Value (US$ Million) by Product, 2023 to 2033
Figure 50: Latin America Market Value (US$ Million) by Packaging Material, 2023 to 2033
Figure 51: Latin America Market Value (US$ Million) by End User, 2023 to 2033
Figure 52: Latin America Market Value (US$ Million) by Country, 2023 to 2033
Figure 53: Latin America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 54: Latin America Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 55: Latin America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 56: Latin America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 57: Latin America Market Value (US$ Million) Analysis by Product, 2018 to 2033
Figure 58: Latin America Market Volume (Units) Analysis by Product, 2018 to 2033
Figure 59: Latin America Market Value Share (%) and BPS Analysis by Product, 2023 to 2033
Figure 60: Latin America Market Y-o-Y Growth (%) Projections by Product, 2023 to 2033
Figure 61: Latin America Market Value (US$ Million) Analysis by Packaging Material, 2018 to 2033
Figure 62: Latin America Market Volume (Units) Analysis by Packaging Material, 2018 to 2033
Figure 63: Latin America Market Value Share (%) and BPS Analysis by Packaging Material, 2023 to 2033
Figure 64: Latin America Market Y-o-Y Growth (%) Projections by Packaging Material, 2023 to 2033
Figure 65: Latin America Market Value (US$ Million) Analysis by End User, 2018 to 2033
Figure 66: Latin America Market Volume (Units) Analysis by End User, 2018 to 2033
Figure 67: Latin America Market Value Share (%) and BPS Analysis by End User, 2023 to 2033
Figure 68: Latin America Market Y-o-Y Growth (%) Projections by End User, 2023 to 2033
Figure 69: Latin America Market Attractiveness by Product, 2023 to 2033
Figure 70: Latin America Market Attractiveness by Packaging Material, 2023 to 2033
Figure 71: Latin America Market Attractiveness by End User, 2023 to 2033
Figure 72: Latin America Market Attractiveness by Country, 2023 to 2033
Figure 73: Europe Market Value (US$ Million) by Product, 2023 to 2033
Figure 74: Europe Market Value (US$ Million) by Packaging Material, 2023 to 2033
Figure 75: Europe Market Value (US$ Million) by End User, 2023 to 2033
Figure 76: Europe Market Value (US$ Million) by Country, 2023 to 2033
Figure 77: Europe Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 78: Europe Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 79: Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 80: Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 81: Europe Market Value (US$ Million) Analysis by Product, 2018 to 2033
Figure 82: Europe Market Volume (Units) Analysis by Product, 2018 to 2033
Figure 83: Europe Market Value Share (%) and BPS Analysis by Product, 2023 to 2033
Figure 84: Europe Market Y-o-Y Growth (%) Projections by Product, 2023 to 2033
Figure 85: Europe Market Value (US$ Million) Analysis by Packaging Material, 2018 to 2033
Figure 86: Europe Market Volume (Units) Analysis by Packaging Material, 2018 to 2033
Figure 87: Europe Market Value Share (%) and BPS Analysis by Packaging Material, 2023 to 2033
Figure 88: Europe Market Y-o-Y Growth (%) Projections by Packaging Material, 2023 to 2033
Figure 89: Europe Market Value (US$ Million) Analysis by End User, 2018 to 2033
Figure 90: Europe Market Volume (Units) Analysis by End User, 2018 to 2033
Figure 91: Europe Market Value Share (%) and BPS Analysis by End User, 2023 to 2033
Figure 92: Europe Market Y-o-Y Growth (%) Projections by End User, 2023 to 2033
Figure 93: Europe Market Attractiveness by Product, 2023 to 2033
Figure 94: Europe Market Attractiveness by Packaging Material, 2023 to 2033
Figure 95: Europe Market Attractiveness by End User, 2023 to 2033
Figure 96: Europe Market Attractiveness by Country, 2023 to 2033
Figure 97: Asia Pacific Market Value (US$ Million) by Product, 2023 to 2033
Figure 98: Asia Pacific Market Value (US$ Million) by Packaging Material, 2023 to 2033
Figure 99: Asia Pacific Market Value (US$ Million) by End User, 2023 to 2033
Figure 100: Asia Pacific Market Value (US$ Million) by Country, 2023 to 2033
Figure 101: Asia Pacific Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 102: Asia Pacific Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 103: Asia Pacific Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 104: Asia Pacific Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 105: Asia Pacific Market Value (US$ Million) Analysis by Product, 2018 to 2033
Figure 106: Asia Pacific Market Volume (Units) Analysis by Product, 2018 to 2033
Figure 107: Asia Pacific Market Value Share (%) and BPS Analysis by Product, 2023 to 2033
Figure 108: Asia Pacific Market Y-o-Y Growth (%) Projections by Product, 2023 to 2033
Figure 109: Asia Pacific Market Value (US$ Million) Analysis by Packaging Material, 2018 to 2033
Figure 110: Asia Pacific Market Volume (Units) Analysis by Packaging Material, 2018 to 2033
Figure 111: Asia Pacific Market Value Share (%) and BPS Analysis by Packaging Material, 2023 to 2033
Figure 112: Asia Pacific Market Y-o-Y Growth (%) Projections by Packaging Material, 2023 to 2033
Figure 113: Asia Pacific Market Value (US$ Million) Analysis by End User, 2018 to 2033
Figure 114: Asia Pacific Market Volume (Units) Analysis by End User, 2018 to 2033
Figure 115: Asia Pacific Market Value Share (%) and BPS Analysis by End User, 2023 to 2033
Figure 116: Asia Pacific Market Y-o-Y Growth (%) Projections by End User, 2023 to 2033
Figure 117: Asia Pacific Market Attractiveness by Product, 2023 to 2033
Figure 118: Asia Pacific Market Attractiveness by Packaging Material, 2023 to 2033
Figure 119: Asia Pacific Market Attractiveness by End User, 2023 to 2033
Figure 120: Asia Pacific Market Attractiveness by Country, 2023 to 2033
Figure 121: MEA Market Value (US$ Million) by Product, 2023 to 2033
Figure 122: MEA Market Value (US$ Million) by Packaging Material, 2023 to 2033
Figure 123: MEA Market Value (US$ Million) by End User, 2023 to 2033
Figure 124: MEA Market Value (US$ Million) by Country, 2023 to 2033
Figure 125: MEA Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 126: MEA Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 127: MEA Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 128: MEA Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 129: MEA Market Value (US$ Million) Analysis by Product, 2018 to 2033
Figure 130: MEA Market Volume (Units) Analysis by Product, 2018 to 2033
Figure 131: MEA Market Value Share (%) and BPS Analysis by Product, 2023 to 2033
Figure 132: MEA Market Y-o-Y Growth (%) Projections by Product, 2023 to 2033
Figure 133: MEA Market Value (US$ Million) Analysis by Packaging Material, 2018 to 2033
Figure 134: MEA Market Volume (Units) Analysis by Packaging Material, 2018 to 2033
Figure 135: MEA Market Value Share (%) and BPS Analysis by Packaging Material, 2023 to 2033
Figure 136: MEA Market Y-o-Y Growth (%) Projections by Packaging Material, 2023 to 2033
Figure 137: MEA Market Value (US$ Million) Analysis by End User, 2018 to 2033
Figure 138: MEA Market Volume (Units) Analysis by End User, 2018 to 2033
Figure 139: MEA Market Value Share (%) and BPS Analysis by End User, 2023 to 2033
Figure 140: MEA Market Y-o-Y Growth (%) Projections by End User, 2023 to 2033
Figure 141: MEA Market Attractiveness by Product, 2023 to 2033
Figure 142: MEA Market Attractiveness by Packaging Material, 2023 to 2033
Figure 143: MEA Market Attractiveness by End User, 2023 to 2033
Figure 144: MEA Market Attractiveness by Country, 2023 to 2033
From 2017 to 2022, the market expanded at a CAGR of 2%.
The growth potential of the market is 2.6% through 2033.
Germany may witness significant growth in the market.
The negative perception of PS containers among consumers and increasing regulations and restrictions on the use of PS containers restrain market growth.
India, Japan, and China dominate the Asian market.
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