In terms of geographic performance, the Asia Pacific blow moulded plastics market is projected to post an annual growth rate of 5.44% in terms of revenue and 4.24% in terms of volume during the period 2021-2028, according to a report by Inkwood Research (https://inkwoodresearch.com) on the region’s blow moulded plastics market.
The packaging industry of the region has recorded considerable growth, given the economic prospects in the last few years. Also, the semiconductor, automotive, and electronics industries together hold more than 50% of the market share with regard to the manufacture of precision parts. Such factors are estimated to propel market growth.
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