Global packaging foams market 2016-2022

According to a new report by MarketsandMarkets (M&M), the global packaging foams market is projected to grow from USD 12.81 Billion in 2017 to USD 17.21 Billion by 2022, at a CAGR of 6.09% from 2017 to 2022.
Asia-Pacific accounted for the largest share of the market, in terms of volume and value, in 2016. The market in this region is projected to grow at the highest CAGR during the forecast period. This growth of the market is mainly attributed to the easy availability of raw materials and increasing foreign investments. In addition, countries such as China, India, Indonesia, and Thailand have witnessed increased online shopping (Press Release M&M, 10 April 2017).
Click here for the press release.
Click here for more information about the report.

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