European rigid bulk packaging market 2018-2022
According to a new report by Technavio, the rigid bulk packaging market in Europe is predicted to grow at a CAGR of around 3% during the period 2018-2022. The others product segment accounted for the maximum market share of over 49% in 2017, followed by the drums and pails segment respectively. The drums segment is expected to witness the maximum increase in its market share by 2022, while the other two segments are expected to experience a small decline. Western Europe accounted for the larger market share of close to 55% in 2017. However, the market share of this segment is expected to decrease by a little over 1% during the forecast period (Press Release Technavio, 30 April 2018).
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