Global Cider Packaging Market to Grow at a CAGR of 4.98% During Forecast Period 2016-2020
The worldwide consumption of cider is expected to grow at a rate of 5% per year and will reach 3 billion liters by 2020. The market will see a slowdown in its largest market in Europe which accounts for more than 40%. However, it is expected to witness strong growth in the markets of the US, Australia, and South Africa. 70% of the consumption is expected to come from these countries.
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