MRFR

  Overview: Composite Packaging refers to packaging materials made from more than one material to suit the needs of a wide range of products. Products requiring higher safety and prolonged storage use composite packaging. The global composite packaging market is expected to expand at a CAGR of around 4.82% over the forecast period of 2017-2023 due to the advantages associated with it such as increased durability, elasticity, visual appeal, lower space footprint, and longer shelf life, asserts Market Research Future (MRFR) in an extensive study. Convenience is the key selling proposition of composite packaging. Composite packaging finds application in areas where a single material is not able to fulfill all the functional requirements of packaging. Some composite packaging are shelf-stable and provide heightened product protection. In addition, composite packaging delivers the required packaging performance. The pharmaceutical industry is a key end user of the global composite packa...