HomeSustainabilityGlobal packaging market to reach $1.4 trillion by 2028

Global packaging market to reach $1.4 trillion by 2028

Recovering strongly from Covid-19 and subsequent economic disruptions, the global packaging sector is set to reach a value of $1.17 trillion in 2023, according to a report by Smithers. Global sales value is forecast to increase at a compound annual growth rate (CAGR) of 3.9 per cent to reach $1.42tr in 2028, with organic growth…

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