Key trend driving the market growth is the rising demand for packaged goods in developing countries such as India and China. Some of the factors that improve the growth of caps and closure markets are increasing demand for bottled water and smaller packaging sizes from end-user industries such as food, beverages and healthcare, as well as growing concerns about product quality and safety.

Driving beverage packaging developments are beverage companies’ responses to what consumers expect from their beverage packages.

Favorable government policies, availability of bioplastic raw materials, plenty of suppliers, and environmentally friendly properties are expected to drive global renewable plastic packaging industry over the projected period.

Packaging Automation Market is Driven by the increasing adoption of robotic technologies such as robotic process automation and automated conveyors.

E-commerce has been designed to buy and sell goods via online services and is a fast-growing channel. E-commerce, a new distribution channel, offers new revenue pockets for the market players to reach a broader market, reduce costs, allows comparison shopping, and thus offer numerous opportunities.