Innovative Packaging Solutions Spurring Growth Opportunities in the Global Containers and Packaging Market: Technavio Report

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  • The key vendors in the Global Container and Packaging Market 2014-2018 are Amcor, Ball, Crows Holdings, International Paper and Rock-Tenn.

London, 04 November 2014: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Global Container and Packaging Market 2015-2019.   One major trend emerging in this market is the increase in consumer preference for plastic packaging. Plastic packaging material offers durability and versatility and is therefore gaining in popularity with industrial buyers. The Global Container and Packaging market is expected to grow in terms of revenue with a CAGR of 6.87 percent during 2015-2019.

“Packaging manufacturers are developing innovative packaging solutions in order to tap the growing Organized Retail and Processed Food markets where consumers demand lightweight, convenient, and easy-to-use packaging,” says Faisal Ghaus, Vice President of TechNavio Research.

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.  

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