Paper and Board Have Key Roles in the Future of Packaging, Paper360º March/April 2018

Paper and paperboard will continue to play a vital role in the evolving global pack-aging market, according to the latest exclusive research from Smithers Pira.

Overall growth in dollar value terms for packaging was depressed for the years spanning the middle of the decade, although this is largely attributable to relative strength of the dollar against other currencies across that period. Still, in 2017, value reached US$851.1 billion, a 2.8 percent growth compared to 2016 at constant prices. This steady expansion is forecast to continue across the next five years—rising slightly to 2.9 percent year-on-year across this period—to reach US$980.4 billion in 2017.

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