Key Print Trends in Packaging to 2028

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Key Print Trends in Packaging to 2028

Smithers Pira shares its recent research that looks at the future of packaging to 2028, quantifying the overall market by packaging type and identifying the major emerging drivers of packaging market growth.

By Smithers

Wednesday, November 07, 2018

In its recent study The Future of Packaging: Long-Term Strategic Forecasts to 2028, Smithers Pira examines the key influences across the value chain that will influence the future of packaging over the next decade.

Across this time, the total value of the packaging market is forecast to rise from $906.59 billion in 2018, to exceed $1.2 trillion at its end. Paperboard remains the most widely used material within the global packaging market, accounting for a value share of more than 35% in 2018. Demand within the sector remains high, owing to the widespread global presence of formats such as folding and liquid cartons and corrugated packaging, as well as paperboard’s suitability for many secondary packaging applications.

Figure 1. Global packaging market by material type, 2018 (% share)

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