Paper and Paperboard Packaging Global Market Expected to Reach $255 Billion with 5.1% CAGR Forecast to 2022
According to Stratistics MRC, the Global Paper & Paperboard Packaging market accounted for $180 billion in 2015 to reach $255 billion by 2022 at a CAGR of 5.1%. The key driving factors of the market include recyclability of paper and also growing consumer awareness. However, stringent environmental regulations regarding emissions during production are hampering the market. Food segment is expected to witness highest revenue during the forecast period owing to the increasing demand for the convenience food in developing nations....
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