Freedonia In The News
Article Title: Plastics processing machinery market to be worth USD28.9bn
Publication: CEE Packaging, 1/16/2012
Freedonia Study: World Plastics Processing Machinery (2833)
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Global demand for plastics processing machinery is projected to rise 6.0 percent annually through 2015 to $28.9 billion, a rebound from market declines experienced during the recession-impacted 2005-2010 period. Sales growth will be driven by an acceleration in plastic product manufacturing, as well as by a favorable fixed investment environment worldwide. Many nations are building up their plastics manufacturing infrastructure, due to both rising domestic demand for plastics-consuming goods and export opportunities to developed nations.
These and other trends are presented in World Plastics Processing Machinery, a new study from The Freedonia Group, Inc., a Cleveland-based industry market research firm.
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