South American Paper, Paperboard Market to Grow at 6.2% Annually through 2018
The South American paper and paperboard market had total revenues of $18,541.7 million in 2013, representing a compound annual growth rate (CAGR) of 6.6% between 2009 and 2013, according to a new MarketLine report titled Paper & Paperboard in South America, now available from Fast Market Research Williamstown, Mass., USA. The report notes that market consumption volume in the South American paper and paperboard market increased with a CAGR of 3% between 2009 and 2013, to reach a total of 17.7 million metric tons in 2013.
The performance of the market is forecast to decelerate, with an anticipated CAGR of 6.2% for the five-year period 2013 - 2018, which is expected to drive the market to a value of $25,084.1 million by the end of 2018.
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