The value of the global packaging market forecasts to increase from $917 billion in 2019 to $1.05 trillion in 2024, growing at a compound annual growth rate (CAGR) of 2.8%. The market has seen consistent growth over the past ten years thanks to the expansion of new areas, changes in substrate choices, and shifting ownership dynamics. Also, many vendors in the packaging sector are working to grow their market share by building new production facilities for paper packaging.
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2023 Global Packaging Industry Report
Posted on June 5, 2023 By
Benchmark International in
Benchmark International +
Industry Report +
Mergers and Acquisitions +
M&A Trends +
2023 +
sustainablitiy +
market trends +
global packaging +
flexible packaging +
packaging industry