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The next 10 years, subvert the packaging industry's forces
Nov 06, 2017

July 25, the International Institute for Market Research Smithers Pier released "2017-2027 Top 10 subversive forces in the packaging and printing industry," the report. According to the Institute, the global market capitalization of the packaging industry in 2016 was about 8.66 billion U.S. dollars. In 2010-2016, the average annual growth rate of the global market was over 4%. Among them, the growth rate was 5% -7 in parts of the Middle East, North America and South America %. It is estimated that by 2021, the market value of the global packaging industry will reach 1 trillion U.S. dollars. The report pointed out that in the next 10 years, the development of the packaging and printing industry will follow the principles of consumer orientation, product added value enhancement, brand building and integration with the Internet. In the packaging and printing industry restructuring process, the top ten forces will dominate the industry change.


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