Global Protective Packaging Market To Grow To $50B The Global Protective Packaging Market is poised to grow at a Compound Annual Growth Rate of around 6.7 percent over the next decade to reach ap- proximately $50.39 billion by 2025, according to a new report from Research and Markets. Global Sleeve Labels Market To Reach $10.6B In 2016 In 2016, the global market for sleeve labels is ex- pected to expand exponentially and reach $10.6 billion, registering a year-to-year growth of 5.2 per- cent over 2015, according to a new report from Persistence Market Research. The packaging solu- tions in the global healthcare and personal care sector will continue boosting the demand for sleeve labels, owing to their cost efficiency and ap- peal attributes. In 2016, the market share of sleeve labels is expect- ed to account for about 12 percent in the global la- belling market and is anticipated to increase at a Compound Annual Growth Rate of more than 5 per- cent during the forecast period 2016-2024. The
growth of the global sleeve labels market will be ma- jorly concentrated in the Asia Pacific (APAC) region due to the mounting demand for packaged food products in China, India and other ASEAN countries. Owing to this, the APAC sleeve labels market is pro- jected to register a high CAGR of 6.2 percent during the forecast period. CCE South East Asia 2016 Debuts The debut CCE event in South East Asia, was held at Bangkok International Trade and Exhibition Centre (BITEC), Bangkok, Thailand, September 21-23. A total of 3,248 buyers from the corrugated and carton packaging industries visited the three-day event. When exhibitor attendees are taken into account, the total industry professionals at the show exceeded 3,700. Almost 100 international equipment and service suppliers exhibited at the event. Buyers came from 27 different countries and included significant dele- gations from all key ASEAN markets. CCE South East Asia 2018 will return to BITEC Bangkok, September, 5-7, 2018.
FlexoMarket News October 17, 2016 11
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