SAN FRANCISCO, November 9, 2015 /PRNewswire/ --
The global paper packaging materials market is expected to reach USD 391.17 billion by 2022, according to a new report by Grand View Research, Inc. Rapid development of fast food and frozen food industries particularly in emerging markets of Asia Pacific and Middle East & Africa is expected to remain a key driving factor for global paper packaging materials market over the forecast period. Environmental concerns associated with plastics packaging for food & beverages are also expected prompt demand for paper packaging materials over the next seven years. Governments across various regions have been implementing stringent regulations. Novel technologies related to paper recycling and extensive R&D to develop superior quality products are expected to create new avenues for market participants.
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Browse full research report with TOC on "Paper Packaging Materials Market Analysis By Product (Liquid Packaging Cartons, Corrugated Cases, Carton & Folding Boxes), By Application (Beverages, Fast Foods, Fresh Foods, Dairy & Bakery, Frozen Foods) And Segment Forecasts To 2022" at: http://www.grandviewresearch.com/industry-analysis/paper-packaging-materials-market
Liquid packaging cartons were the leading product segment and accounted for over 40% of total market volume in 2014. Positive outlook on global beverages industry is expected to drive this segment over the forecast period. Corrugated cases are projected to witness the highest growth rate over the forecast period owing to novel retail packaging developments.
Further key findings from the report suggest:
Grand View Research has segmented the paper packaging materials market on the basis of product, application and region:
Browse related reports by Grand View Research:
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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