Plastic Contract Manufacturing Market Registering At USD 41.22 Billion By 2025 : Grand View Research Inc.
San Francisco, 1 October 2019: The Report Plastic Contract Manufacturing Market Analysis By Product (Polypropylene, ABS, Polyethylene, Polystyrene), By Application (Medical, Aerospace & Defense, Automotive), By Region, And Segment Forecasts, 2018 – 2025 The global plastic contract manufacturing market is expected to reach USD 41.22 billion by 2025, according to a new report by Grand View Research, Inc. Consumer goods & appliances and medical are the major applications of plastic contract manufacturing worldwide. As per the World Health Organization, the global healthcare expenditure is expected to rise from USD 7,200.00 billion in 2013 to over USD 9,300.0 billion in 2018. The rise is expected to be fueled by the global economic recovery leading to an increase in the healthcare spending. In addition, the growing need for better healthcare services for the aging population, infrastructure improvements, and technological advancements are expected to drive growth of medica