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HomeFinancial ResultsGlobal packaging market to top $1 trillion by 2024
Flexible packaging will continue to replace traditional formats, Smithers claims

Global packaging market to top $1 trillion by 2024

The global packaging market is forecast to top $1 trillion by 2024, led by increasing demand from Asia. Market value is predicted to increase from $917 billion in 2019 to $1.05tr by 2024, a compound annual growth rate (CAGR) of 2.8 per cent, according to the market trends report from analysts Smithers. Total packaging sales…

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