DUBLIN, Dec 8, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Composite Packaging Market 2016-2020" report to their offering.
The report forecasts the global composite packaging market to grow at a CAGR of 4.78% during the period 2016-2020.
The report covers the present scenario and the growth prospects of the global composite packaging market for 2016-2020. To calculate the market size, the report is based on the volume of composite cans used in the packaging sector by vendors for the various end-users such as food and beverage industry, industrial goods industry, healthcare industry, and other industries (personal care, household, and electronics).
The trend of using the sustainable or eco-friendly material for the packaging of products is influencing the growth of the market. Many consumer product manufacturers prefer using eco-friendly packaging material as it provides an opportunity to promote environmental sustainability.
According to the report, a rise in the demand for packaged foods and beverages across various countries has propelled the demand for paperboard containers including composite packaging. With an increase in consumer income in countries such as China, India, and Brazil, the demand for good-quality packaged foods is also increasing.
Further, the report states that the market is witnessing increased competition because of the alternative forms of packaging such as plastic. In a convenience-obsessed culture, consumers prefer light forms of packaging. Plastic and other forms of paper packaging have become increasingly popular because of their light and biodegradable nature. In industrial applications, wood is often preferred over plastic because of its chemically inert and heat-resistive properties.
- DS Smith
- Smurfit Kappa
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by end-users
Part 07: Geographical segmentation
Part 08: Market drivers
Part 09: Impact of drivers
Part 10: Market challenges
Part 11: Impact of drivers and challenges
Part 12: Market trends
Part 13: Vendor landscape
For more information about this report visit http://www.researchandmarkets.com/research/v3l5gd/global_composite
Research and Markets
Laura Wood, Senior Manager
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SOURCE Research and Markets