Global Plastic Market to Reach USD 714.03 Billion by 2030, Growing at a CAGR of 5%
The global plastic market was estimated to be worth USD 507.45 billion in 2023 and is expected to increase at a compound annual growth rate (CAGR) of 5% between 2024 and 2030, reaching over USD 714.03 billion at the conclusion of the forecast period. The market is steadily growing due to the growing need for plastic in a variety of sectors, such as packaging, automotive, construction, and healthcare.
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