Packaging has an important role to play in the supply chain of various products, it tends to provide protection and extend the life of any product. The global biodegradable packaging market is rising with advanced manufacturing processes and technology used in the production of such packaging material.
The global ultra-high molecular weight polyethylene market was valued at US$ 2,305.73 million in 2023 and is projected to surpass the market valuation of US$ 5,981.17 million by 2032 at a CAGR of 11.2% during the forecast period 2024–2032.