Packaging Wax Market Growing At USD 2.84 Billion By 2025 : Grand View Research Inc.
San Francisco, 30 October 2019: The Report Packaging Wax Market Size, Share & Trends Analysis Report By Product (Synthetic, Mineral), By Packaging Type (Flexible, Semi-Rigid), By Application (Pharmaceutical, Personal Care), And Segment Forecasts, 2018 – 2025 The global packaging wax market size is expected to reach USD 2.84 billion by 2025, expanding at a CAGR of 3.1%, according to a new report by Grand View Research, Inc. Several characteristics, including non-toxicity, high gloss, outstanding chemical resistance, and good water repellency, are among the key factors driving the product demand. The food & beverages segment led the packaging wax industry accounting for over 58.0% of the overall revenue share in 2017. Some of the leading companies, such as Amcor Limited, Ball Corporation, Crown Holdings, and Mondi PLC, offer a wide range of packaging materials in the market. Other prominent companies include Charlotte Packaging Ltd., EuroWaxPack, Nicholas Paper C