June 22, 2018
Volume 6 Issue 34
Packaging Demand Growth Forecast for Asia
A recent report by Global Market Insights predicts demand for lubricant packaging in Asia-Pacific will grow at a compound annual rate of 3.5 percent from 2017 to 2024, driven by the region’s increasing thirst for lubes, especially from India and China. However, packaging suppliers in the two countries have a more conservative outlook.