Monday, August 22, 2011

Saudi packaging industry expected to reach US$5.5 bln in 2015

The Saudi packaging industry, which was valued at US$4.4 bln in 2010, is expected to reach US$5.5 bln in 2015. The industry is expected to grow at a CAGR (Compound Annual Growth Rate) of 4.58% during 2011-15, largely driven by change in consumer lifestyle and growing consumption in the food and beverage sector.

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