Global market for skin Packaging 2016-2022

According to a new report by Stratistics MRC the global skin packaging Market is expected to grow from $7.46 billion in 2016 to reach $11.23 billion by 2022 with a CAGR of 7.05%. Increasing demand from end-user industry, growing disposable income and rise in consumer demand are some of the factors driving the market growth. However, strict rules and regulations, growing environmental concerns, increasing number of alternates are hindering the market. Non-carded skin packaging leads the market globally and the factors attributing to the market growth are availability of wide range of packaging materials and smooth opening options. Asia pacific is witnessing the fastest growth.
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