The global paper packaging materials market is expected to reach USD 391.17 billion by 2022, according to a new report by Grand View Research, Inc. Rapid development of fast food and frozen food industries particularly in emerging markets of Asia Pacific and Middle East & Africa is expected to remain a key driving factor for global paper packaging materials market over the forecast period. Environmental concerns associated with plastics packaging for food & beverages are also expected prompt demand for paper packaging materials over the next seven years. Governments across various regions have been implementing stringent regulations. Novel technologies related to paper recycling and extensive R&D to develop superior quality products are expected to create new avenues for market participants.
http://www.grandviewresearch.com/industry-analysis/paper-packaging-materials-market
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