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The global food packaging market is projected to grow at a significant CAGR during the forecast period.
The key factors that drive the growth of the market include the increased demand for packaged food owing to the quickening pace of life and the changing lifestyles of people. Key features such as extended shelf life of food products, convenience in handling, and efficiency in the prevention of content contamination also drive the growth of the market over the forecast period. Further, the rise in the population and increased disposable incomes also influence people to spend on more premium and packaged food products, which in turn, will drive the growth of the global food packaging market over the forecast period.