Growth in Packaging industry fuels need for adhesive innovation
A recent report has highlighted the knock on effect the boom in e-commerce is having on the packaging sector globally, and on the value of the corrugated cardboard packaging in particular. AT Kearney forecast that global ecommerce sales will reach $1.506bn by 2018 driven by both new entrants to the market and physical retailers embracing online as a channel for business growth. Meanwhile New York-based Persistence Market Research (PMR), recently forecasted annual growth in the corrugated packaging market of 4%, with the market being worth an estimated $174m by 2020.
22 Sep 15
