Europe Liquid Pouch Packaging Market – Demand Increased by 8.2% in 2016 from Dairy Industry and Beverages Industry
According to Goldstein Research, Europe liquid pouch packaging market is expected to reach USD 2.6 billion by 2024, growing at a CAGR of 5.9%. Technological innovations such as insulation, moisture barriers, low thermal conductivity is primarily driving the growth of the market. Moreover, the circular economy in Europe augments the packaging industry by reducing the raw materials consumption and waste by the recycling techniques. Europe liquid pouch packaging market segmentation has been done on the basis of product, material, technique, application and geography. Pillow pouch packages acquired largest market share of 23.1% in 2016, which is followed by spout pouches market share. Europe liquid pouch packaging market is largely dominated by tier-1 countries such as the U.K., Germany, Netherlands and France contributing 46.8% revenue share in 2016. Tier-2 countries are also developing packaging industry, thus growing at a CAGR of 5.3%. Browse Full Report: https://www.goldsteinr...