Freedonia In The News
Article Title: US demand for lawn, garden, agricultural packaging to grow to US$1.7 bln in 2013
Publication: plastemart.com, 9/30/2009
Freedonia Study: Lawn, Garden & Agricultural Packaging (2555)
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Demand for lawn, garden and agricultural packaging in the US is forecast to grow 1.8% pa through 2013 to US$1.7 billion, decelerating from the sharp increases of the 2003-2008 period as raw material prices moderate as per a report by Freedonia. Gains will be bolstered by continuing need for packaging that can provide a means of differentiating products that are primarily commodity in nature. Moreover, demand will be aided by consumer preference for convenient, user-friendly packaging, a factor that will stimulate sales of reclosable pouches, dispensing closures and other value-added products. Demand will also benefit from acceleration in consumer lawn and garden spending and a rebound in residential construction after the declines of the 2003-2008 periods.
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