Global composite packaging market 2016-2020
According to a new report by Technavio, the global composite packaging market is expected to grow at a CAGR of close to 5% during the forecast period 2016-2020.
The top three revenue contributing end-user segments are the food and beverage industry, healthcare industry and the industrial goods industry. The food and beverage industry occupied around 69% of the total market share in 2015, and will be the fastest-growing segment of the composite packaging market, posting a CAGR of over 5% by 2020. The top leading vendors operating in the composite packaging market are Amcor, DS Smith, Mondi, Smurfit Kappa and Sonoco (Press Release Technavio, 23 November 2016).
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