Market Analysis And Research Reports: Market Research on Paper Products Market and Anal... - 0 views
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emmaj3206 on 07 May 19"The global paper products market size is expected to reach USD 342.2 billion by 2025 with a CAGR of 4.43%. Major factor driving the market includes rising demand for paper packaging in the FMCG, pharmaceutical, and hospitality industries. Growing awareness about the adverse effects of using plastic packaging is also boosting the demand for paper products. The paper packaging application segment accounted for 44.4% of the global market in 2018 and is also expected to witness the fastest CAGR from 2019 to 2025. Leading brands are replacing plastics in their product packaging with paper. For instance, in October 2017, Apple launched iPhone 7 with 84% less plastic content in its packaging than in the packaging of iPhone 6."