Global chemicals packaging market 2017-2021

23 June 2017

According to a new report by Technavio, the global chemicals packaging market is expected to grow at a CAGR of more than 3% during the forecast period, 2017-2021. The top 3 revenue contributing product segments are sacks, drums and FIBCs.
The growing demand for plastic-based packaging sacks, especially from industries such as the specialty chemicals sector, will contribute to the growth of the market. Though the demand for drums will gradually settle and progress at a modest rate, their popularity is not likely to diminish. One of the main factors that is positively affecting the FIBC market is the growth of the chemical industry (Press Release Technavio, 24 May 2017).
Click here for the press release.
Click here for more information about the report.

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