The rigid plastics market is expected to grow at 5% for the next five years, with the Asian market expected to grow up to 10%. As global demand accelerates, growth is to be found on home territories and in expanding export markets.
OnePlastics is strongly positioned to benefit from this positive demand in Europe, Asia and the United States. Our market presence allows us to respond quickly and to service clients with first-hand knowledge of their local market.
The global packaging market is worth around $700 billion, with rigid plastic being the fastest growing segment of the packaging market. The demand for rigid plastic packaging is expected to grow across all regions in the medium term. One of the drivers of this growth is the ongoing substitution of plastic for glass and metal, as plastic is a lighter and more cost effective solution.