Global Thin Wall Packaging Markets, 2017-2019 & 2020-2027 - Rising Demand for Lightweight Packaging Solutions Worldwide will Boost Growth
December 16, 2020 05:58 ET | Source: Research and Markets Research and Markets Dublin, IRELAND
Rising demand for lightweight packaging solutions worldwide will boost market growth
The global thin wall packaging market is rising significantly, anticipated to expand at a CAGR of 4.5% during the estimated period from 2019 to 2027, starting from US$ 41.7 Bn in 2018.
The global thin wall packaging market is majorly driven by the rising food & beverage industry and growing demand for lightweight packaging. A surge in demand for a consumer-friendly and changing lifestyle are some other factors expected to drive the market in years to come.