Smithers says, India is the third largest national packaging market

The Smithers exclusive study of 50 individual national markets across the globe says, the global packaging market is forecast to grow from USD 1.17 trillion to USD 1.42 trillion by 2028. The packaging market is forecast to expand at a CAGR of 3.9%. Of which, the flexible plastics will be the material type with the highest CAGR of 5.1% for 2023–28.