Paper-packing market reshuffles
By Zhu Wenqian | China Daily | Updated: 2017-09-01 09:21
TetraPak's share of industry down to 60-70 percent; domestic players rise
Competition in China's bacteria-free paper-packing market has become more intense, with the consumption upgrade driving a rapid change in the market and the rise of domestic players.
Sweden-based paperpacking giant TetraPak used to hold about 90 percent of the bacteria-free paperpacking market in China, and now its market share is decreasing to about 60 to 70 percent, according to industry projections.
Photo