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Stock impact report

Is O-I Glass (OI) The Hidden Gem in Sustainable Packaging Stocks? [Yahoo! Finance]

O-I Glass, Inc. (OI) 
Last o-i glass, inc. earnings: 4/28 04:20 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Glass, Inc. (NYSE:OI) stands against other best packaging stocks to buy according to analysts. According to a report by Mordor Intelligence, the packaging market size is estimated at $1.14 trillion in 2024 and is expected to grow to $1.38 trillion by 2029, growing at a compound annual growth rate of 3.89% during the forecast period (2024-2029). Region-wise, Asia Pacific is the fastest-growing region in the packaging market, with plastic packaging being widely utilized in the region. India and China's food and beverage markets are contributing to this utilization. Japan is another major consumer of paper-based products in diverse sectors. Market trends reflect that paper and paperboard packaging products are to witness the highest growth. There has been an increasing demand for eco-friendly packaging with minimal environmental footprint. In this regard, paper-based solutions such as bags, pouches, and cartons, have driven a surge in sustainable packaging adoption. The demand for Show less Read more
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