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Middle East and Africa will register largest CAGR of all retail packaging types, including Internet sales

Though starting from a smaller base of total packaging units (bottles, cans, folding cartons and flexible pouches, etc.) the global region encompassing the Middle East and Africa will grow the most through 2020, estimated at 5.3 percent, according to PMMI Business Intelligence.

Forecast Volume CAGR 2015 – 2020 by region
Forecast Volume CAGR 2015 – 2020 by region

Due to economic conditions, the U.S. (0.8%) and Europe (1.2%) will see the smallest growth rates.

Euromonitor International, who produced the study for PMMI Business Intelligence, compiles data points and qualitative analysis for 80 countries. Markets include Beauty and Personal Care, Beverages, Dog and Cat Food, Home Care and Packaged Food. Both primary and secondary retail packages are included, including internet sales.

Source: PMMI Business Intelligence, Global Packaging Trends Report 2017, produced by Euromonitor and sponsored by leading packaging associations PMMI, Australian Packaging and Processing Machinery Association, Italian Manufacturers of Automatic Packing and Packaging Machinery, and the Processing & Packaging Machinery Trade Association.

Download the entire 95-page study here: www.pmmi.org/research/

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