Growth Expected in Global Packaging Coatings Market
ALBANY, NY — The global market for packaging coatings is expected to benefit from a growing packaging industry across the globe and new developments in packaging materials and product designs. A market research publication by Transparency Market Research (TMR) foresees more factors that could aid the overall development of the market in the next few years. The report is titled Packaging Coatings Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016–2024.
The report states that vendors in the market will benefit significantly from the development of environment-friendly and organic products, as there has been a significant rise in stringent regulations governing the packaging sector. Products that can be reused and recycled are also increasing in demand.