Industry News, Printers News

Heidelberg: Worldwide Packaging Market Growth Strongest in China

Strong customer interest in Heidelberg innovations for folding carton printers at Packaging Day.

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By: Anthony Locicero

Copy editor, New York Post

The packaging market is growing.    According to the Smithers Pira 2019 study “The Future of Global Packaging to 2024”, the total value of the global packaging volume for 2019 was almost $920 billion, and this is expected to grow at an average rate of 2.8% annually to over $1 trillion by 2024.    The study regards thereby the volume for the materials board, flexible packaging, rigid plastics, metal and glass.    Asia was the biggest market in 2018, accounting for around 40% of global...

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