Converting Paper Market - Global Forecast to 2026: Rising Adoption for Industrial Packaging Are Boosting the Demand Report is Available
- Published: July 17, 2019
The "Converting Paper - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.
Global converting paper market accounted for $355.01 Billion in 2017 and is expected to reach $459.17 Billion by 2026 growing at a compound annual growth rate (CAGR) of 2.9 percent from 2017 to 2026.
Growing e-commerce packaging sector, rising adoption for industrial packaging are the major factors boosting the demand for converting paper market, according to the report. However, increasing digital media may hamper the market growth.
By paper type, the coated paper segment registered considerable growth during the forecast period. By geography, Asia-Pacific is expected to grow significantly during the forecast period due to the upsurge in demand from various end-use industries such as automotive, textile, and packaging in developing countries, such as India, Malaysia, Vietnam and Singapore.
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