- The key vendors in the Paper and Paperboard Container and Packaging Market in the APAC Region 2015-2019 are Amcor Ltd., Graphic Packaging International Corp., Huhtamaki Group, International Paper Co. and Sonoco Products Co.
London, 17 February 2015: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Paper and Paperboard Container and Packaging Market in the APAC Region 2015-2019. One major trend upcoming in this market is the development of sustainable and environment-friendly packaging solutions because of advances in technology. Vendors develop advanced packaging designs and patterns to bolster product sales, as customers prefer to buy products that have good packaging designs. The Paper and Paperboard Container and Packaging market in the APAC region is expected to grow at a CAGR of 6.99 percent during the period 2014-2019.
Consumers of paper and paperboard packaging are distributed across industries such as F&B, Pharmaceuticals and Healthcare, Chemicals, and other industries. Customers prefer paper and paperboard packaging products as they are non-reactive and prevent spoilage of products.
“Customers prefer products with attractive packaging. Therefore, manufacturers of paper and paperboard packaging solutions continually enhance the physical appearance of packaging and provide customized solutions,” says Faisal Ghaus, Vice President of TechNavio Research.
“Manufacturers of food products and other consumer-facing packaged products spend huge amounts of money on developing convenient, easy-to-use, and visually appealing packaging for their products.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
