A new report, titled “Paperboard Packaging Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020”, published by the market research company Transparency Market Research, is a professional and comprehensive overview of the global paperboard packaging market.
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The report analyzes the market for its key elements on a global as well as regional platform. Data gathered with the help of primary and secondary research techniques is subjected to a variety of industry-best analytical methods to present before the user some of the most important bits of market information. The report includes numerous tables and graphical data elements to make the statistics easily comprehensible.
The report states that the global paperboard packaging market, which had a valuation of US$108.08 bn in 2013, will expand at a healthy 7.8% CAGR between 2014 and 2020 and rise to US$181.81 bn by 2020. The report states that the steadily growing demand for sustainable packaging across the globe, coupled with the rising demand for paperboard packaging from the global cosmetics industry, is the key factor driving the global paperboard packaging market.
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However, the market is marked by the easy availability of a variety of high-performance substitutes such as plastics, which could limit the projected growth of the market to a certain extent. The BRICS nations present a huge growth opportunity for the global paperboard packaging market owing to the flourishing e-commerce industry in the region.The report segments the global paperboard packaging market on the basis of three criteria: product type, key application area, and geography.
On the basis of product type, the market is further...