Thin Wall Plastic Containers Market Projected to be worth US$ 44,981.5 Mn by 2027
Verfasser: yogesh on Tuesday, 10 April 2018Future Market Insights (FMI) has published a new report titled “Thin Wall Plastic Containers Market: Global Industry Analysis 2012 – 2016 and Opportunity Assessment 2017 – 2027.” The growing use of thin wall plastic containers can be attributed to the increasing demand from the food and beverages sector. In order stay competent in the market, key players are constantly focussing on innovation and are looking forward to cater to the needs of consumers as well as the vertical industries. A strong presence of the leading players across several regions and the expertise of specific companies in certain areas is one of the notable characteristics of the global thin wall plastic containers market.
Companies are also focussing on mergers and acquisitions to maintain their position in the global market in the long run. For instance, in 2016, Ball Corporation acquired Rexam plc. The acquisition was aimed at strengthening the production capacity of the former company. The other leading companies operating in the market are Double H Plastics, Inc., ACMEPAK PLASTIC PACKAGING, LTD., Sem Plastik, RPC Group Plc, Mold-Tek Packaging Limited (MTPL), ENGEL AUSTRIA GmbH, and D K Industries.