Global Market for Food Contact Paper & Board Forecast to Reach an Estimated $70 Billion by 2017

摘要

The global market for food contact paper and board is currently valued at over $53 billion and is forecast to grow by 6% annually, reaching an estimated $70 billion by 2017, according to a new study by Smithers Pira. Regionally, the driver of this growth will be the Asia-Pacific market, where Chinese consumption of these materials is expected to increase by almost 11% annually over the forecast period. This will be offset by sluggish development in European demand and relatively slow growth in other regions.