Freedonia In The News

Article Title: Identifying trends leading to rigid packaging growth forecast
By: Jim Butschli
Publication: Packaging World, 10/19/2012
Freedonia Study: World Rigid Packaging (2909)

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he report notes, “The most rapid increases in demand for rigid packaging will be seen in the world’s developing regions, and in particular, the Asia/Pacific region due to its large food and beverage industries. Overall, some of the highest growth rates are expected in India, China, and Indonesia, with Brazil, Turkey, Russia, and Mexico also expected to see healthy gains. China alone will account for 46% of global value gains in rigid packaging demand between 2011 and 2016.” Other takeaways from the report include the following: • Food and beverage represent the largest markets for rigid packaging, accounting for 64% of total rigid packaging demand in 2011. • Gains are expected for plastic bottles and containers as a result of cost and performance advantages, as well as further development of food-grade materials.
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Article Title: Global Demand for Rigid Packaging to Reach $472 Billion in 2016
By:
Publication: Packaging Europe, 7/30/2012
Freedonia Study: World Rigid Packaging (2909)

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Factors contributing to rising demand include growth in global manufacturing output, increased consumer spending on packaged goods worldwide, and demographic trends such as increasing urban populations, as urban consumers tend to use more packaged foods than their rural counterparts. These and other trends are presented in World Rigid Packaging, a new study from The Freedonia Group, Inc., a Cleveland-based industry market research firm. The largest markets for rigid packaging are food and beverages, which together represented 64 percent of total rigid packaging demand in 2011. Healthy gains are expected for plastic bottles and containers as a result of cost and performance advantages, as well as further development of food-grade materials. Rigid packaging demand in pharmaceutical applications is forecast to see above average growth, boosted by rapidly expanding pharmaceutical manufacturing capabilities, especially in Asia.
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