Global P&P Markets to Accelerate over Next Five Years
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The global paper and paperboard market had total revenues of $389.9 billion in 2012, representing a compound annual growth rate (CAGR) of 2.3% between 2008 and 2012, according to a new report in Reportlinker's (New York, N.Y., USA) catalogue, titled Paper & Paperboard: Global Industry Guide.
Market consumption volume increased with a CAGR of 1.8% between 2008-2012, to reach a total of 391.7 million units in 2012, the report adds.
Performance of the market is forecast to accelerate, with an anticipated CAGR of 5.2% for the five-year period 2012 - 2017, which is expected to drive the market to a value of $502.2 billion by the end of 2017, the report concludes.
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