Industry News, Market Research

Smithers Pira Releases New Market Report on Retail Packaging

Global growth for retail-ready packaging will steadily grow on average by around 4% annually, the report says.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Global growth for retail-ready packaging will steadily grow on average by around 4% annually across 2016-21, reaching 38.7 million tons of paper and plastic materials and a value of $82.0 billion in 2021, according to new market data from Smithers Pira.   In its new report, The Future of Retail-Ready Packaging to 2021, Smithers states that global retail-ready demand reached a total of 30.5 million tons of material in 2015 and was worth $62.8 billion.   “Shorter print runs are seen as a key f...

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