The global plastic packaging market was valued at 265.2 billion U.S. dollars in 2022. The market is forecast to reach almost 385.5 billion U.S. dollars by 2028, registering a CAGR of 6.1 percent during the forecast period 2023 to 2028.
The Basics On 7 Common Types of Plastic
- 1) Polyethylene Terephthalate (PET or PETE)
- 2) High-Density Polyethylene (HDPE)
- 3) Polyvinyl Chloride (PVC or Vinyl)
- 4) Low-Density Polyethylene (LDPE)
- 5) Polypropylene (PP)
- 6) Polystyrene (PS or Styrofoam)
- 7) Other
|
Plastic Type |
PVC |
PP |
HDPE |
PET |
PS |
LDPE |
Other |
| Usual Use | oils,cleaning chemicals | Sealing, Hot Filling Foodstuffs | lotions,shampoos | shampoos,soaps,alcohol | cosmetic jars,jewel cases | cold liquids | mix |
| Heat resistance | 160°C | 130°C | 120°C | 250°C | 240°C | 105°C | mix |
| Pliability | Good | Moderate | Moderate | Good | Good | Good | mix |
| Moisture resistant | Moderate | Good | Good | Good | Good | Good | mix |
| Anti-impact | Good | Good | Good | Good | Good | Good | mix |
| Oxygen Barrier | Good | Good | Good | Good | Moderate | Poor | mix |
| Frost Resistance | Moderate | Poor | Best | Good | Poor | Best | mix |
