Composite Paper Cans Market projected to witness vigorous expansion by 2021-2031
Source: https://marketresearchblog.org/
Composite paper cans are emerging as a preferred packaging solution as industries and consumers alike exhibit demand for sustainable alternatives to plastic. As per a study by Future Market Insights (FMI), the global composite cans market will exhibit a CAGR of 4.8% between 2021 and 2031. Increasing demand for environment friendly composite paper cans is encouraging key players to expand their production capacity. The demand for packaging solutions with longer shelf life and ease of use will rise in response to the growing popularity of take-away and on-the-go food items. As per FMI, food and beverage packaging will account for over half of composite paper cans sold through the forecast period.