Thin Wall Packaging Market is Predicted to Exhibit 4 10% CAGR, To Hit USD 52,323 6 Million Forecast by 2023 sandiegosun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sandiegosun.com Daily Mail and Mail on Sunday newspapers.
The latest market report published by Credence Research, Inc. “
Thin Wall Packaging Market: Growth, Future Prospects, and Competitive Analysis, 2019 – 2027” the thin wall packaging market was valued at US$ 41.7 Bn in 2018 and expected to grow at a CAGR of 4.5% during the forecast period from 2019 to 2027.
Market Insights
“Growing demand for lightweight and eco-friendly packaging worldwide will drive the demand for Thin Wall Packaging Market”
The thin wall packaging market is majorly driven by the surge in demand for lightweight and eco-friendly packaging solutions worldwide. The rapid surge in demand for packaged food and growing food & beverages industry are some other major growth factors anticipated to enhance the global market over the forecast period. Changing consumer lifestyle along with growing demand of thin wall packaging from developing economies such as India, China, Brazil, Indonesia and others are also estimated to support the market growth during the fore