APAC Paperboard Packaging Market to Grow at 6.99% CAGR, 2014-2019
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TechNavio, Elmhurst, Ill. USA, analysts this week released a forecast of the paper and paperboard container and packaging market in the APAC region where they expect the sector to grow at a CAGR of 6.99% over the period 2014-2019. The various types of paperboards studied in the following report include white boards, solid boards, chip boards, and fiber boards.
The report indicates vendors in the global paper and paperboard container and packaging market are constantly upgrading their products and offering innovative products that can prevent contamination of food and beverages. In addition to providing convenience, packaging plays a major role in enticing customers to purchase the product.
TechNavio's report, Paper and Paperboard Container and Packaging Market in APAC 2015-2019, covers the market landscape of the paper and paperboard container and packaging market in the APAC region and its growth prospects over the coming years.
The report includes a discussion of the key vendors operating in this market. The greatest market challenge, according to the report, is an increased future cost of raw materials. Market trends are identified as concentrating on sustainability and related advances in technology.
More information is available online.
