Active Sector in Packaging Industry Expected to Exceed $26 Billion in 2020
PALM BEACH, Florida, Jan. 16, 2020 /PRNewswire/ -- Today's investors are keeping in tune with a growing sector of the Packaging Industry.
- PALM BEACH, Florida, Jan. 16, 2020 /PRNewswire/ -- Today's investors are keeping in tune with a growing sector of the Packaging Industry.
- The global vacuum packaging market is projected to reach USD $27.67 Billion by 2020, at a CAGR of 4.24% from 2015 to 2020.
- New developments such as manufacturing of vacuum packages that possess barrier properties, recyclable packaging, and lightweight packaging are adding value to the vacuum packaging market.
- This developed an ever-increasing need for packaging techniques to undergo packaging without hampering the quality of packaged products.