Global stick packaging market 2012-2020
According to a new report by MarketsandMarkets (M&M), the global market for stick packaging witnessed rapid growth in 2012, and is projected to grow at a CAGR of 6.26% to reach $316.61 Million by 2020. The Asia-Pacific region is projected to become the fastest-growing market.
The market has expanded with developments in the flexible packaging industry. The demand for material used in stick packs is growing at a significant pace and is projected to grow at an even higher rate in the near future. With the rising population and increased incomes of people, the packaging industry is booming, and consequently, so is the stick packs market (Press Release M&M, 28 May 2015).
Click here for the press release.
Click here for more information about the report.
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