Key factor driving the market growth is increasing demand of packaged food products in different developing countries, including China, India, South Africa, and Brazil. Rising demand from the beverage sector and increasing requirement of transparent packaging is a key factor driving the market growth.

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.