DUBLIN, Dec 8, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the
"Global Composite Packaging Market 2016-2020" report to their
offering.
The report forecasts the global composite packaging market to
grow at a CAGR of 4.78% during the period 2016-2020.
The report covers the present scenario and the growth prospects
of the global composite packaging market for 2016-2020. To
calculate the market size, the report is based on the volume of
composite cans used in the packaging sector by vendors for the
various end-users such as food and beverage industry, industrial
goods industry, healthcare industry, and other industries (personal
care, household, and electronics).
The trend of using the sustainable or eco-friendly material for
the packaging of products is influencing the growth of the market.
Many consumer product manufacturers prefer using eco-friendly
packaging material as it provides an opportunity to promote
environmental sustainability.
According to the report, a rise in the demand for packaged foods
and beverages across various countries has propelled the demand for
paperboard containers including composite packaging. With an
increase in consumer income in countries such as China, India,
and Brazil, the demand for
good-quality packaged foods is also increasing.
Further, the report states that the market is witnessing
increased competition because of the alternative forms of packaging
such as plastic. In a convenience-obsessed culture, consumers
prefer light forms of packaging. Plastic and other forms of paper
packaging have become increasingly popular because of their light
and biodegradable nature. In industrial applications, wood is often
preferred over plastic because of its chemically inert and
heat-resistive properties.
Key vendors:
- Amcor
- DS Smith
- Mondi
- Smurfit Kappa
- Sonoco
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by end-users
Part 07: Geographical segmentation
Part 08: Market drivers
Part 09: Impact of drivers
Part 10: Market challenges
Part 11: Impact of drivers and challenges
Part 12: Market trends
Part 13: Vendor landscape
For more information about this report visit
http://www.researchandmarkets.com/research/v3l5gd/global_composite
Media Contact:
Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/research-and-markets---global-composite-packaging-market-growth-at-4-cagr-by-2020-with-amcor-mondi--sonoco-dominating-300375506.html
SOURCE Research and Markets