Global skin packaging market 2015-2020
According to a new report by MarketsandMarkets (M&M), the global skin packaging market is projected to reach USD 9.67 Billion by 2020, at a CAGR of 4.94% from 2015 to 2020. The Asia-Pacific region accounted for around 35% of the total market share in terms of value, followed by Europe and North America.
The market is mostly driven by the growing packaging and food industry, manufacturing activities, and the increase in spending by end consumers. Rising concerns about the environment and stringent regulations towards packaging waste are encouraging manufacturers to increase their investment in R&D activities. This is likely to drive the demand (Press Release M&M, 27 October 2015).
Click here for the press release.
Click here for more information about the report.
Click here for more information about the NVC Course Food Packaging.
If you have any questions about this subject, please contact us: info@nvc.nl, +31-(0)182-512411. This item is also included in our monthly overview, the NVC Members-only Update.