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Global Polylactic Acid Market Report 2021: China Led the Asia Pacific Market, Accounting for Nearly 53% - Vimarsana News

Global Polylactic Acid Market Report 2021: China Led the Asia Pacific Market, Accounting for Nearly 53%

Share this article Share this article ResearchAndMarkets.com's offering. The global polylactic acid market size is expected to reach USD 1.82 billion by 2028 registering a CAGR of 18.1% over the forecast period. The market growth is mainly driven by the high demand for flexible packaging due to the increasing popularity of Quick-Service Restaurants (QSRs) and changing consumer preferences. Moreover, the rapid expansion of the end-use industries, such as agriculture, transport, and textile, will support the market growth. The growing packaging sector is anticipated to create high opportunitie...

Global $1.82 Billion Polylactic Acid Market to 2028: High Demand for Flexible Packaging due to the Increasing Popularity of Quick-Service Restaurants and Changing Consumer Preferences - Vimarsana News

Global $1.82 Billion Polylactic Acid Market to 2028: High Demand for Flexible Packaging due to the Increasing Popularity of Quick-Service Restaurants and Changing Consumer Preferences

Global $1.82 Billion Polylactic Acid Market to 2028: High Demand for Flexible Packaging due to the Increasing Popularity of Quick-Service Restaurants and Changing Consumer Preferences April 12, 2021 07:08 ET | Source: Research and Markets Research and Markets Dublin, IRELAND ResearchAndMarkets.com's offering. The global polylactic acid market size is expected to reach USD 1.82 billion by 2028 registering a CAGR of 18.1% over the forecast period. The market growth is mainly driven by the high demand for flexible packaging due to the increasing popu...