Freedonia In The News

Article Title: World demand for protective packaging to exceed $24 billion in 2016
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Publication: Modern Materials Handling, 8/16/2012
Freedonia Study: World Protective Packaging (2943)

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World demand for protective packaging is forecast to increase 6.3 percent per year to $24.5 billion in 2016, according to a new report titled World Protective Packaging, a new study from The Freedonia Group, Inc., a Cleveland-based industry market research firm. Factors contributing to rising demand include an acceleration in global manufacturing output, increased consumer spending on packaged goods worldwide, and demographic trends such as increasing urban populations, as urban residents tend to consume more packaged goods than their rural counterparts.
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Article Title: Increasing manufacturing output and consumer spending fuel gains / Asia Pacific will record highest
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Publication: PlastEurope, 10/11/2012
Freedonia Study: World Protective Packaging (2943)

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World demand for protective packaging is forecast to increase by 6.3% annually, reaching USD 24.5 bn in 2016, according to a recent report, “World protective packaging”, published by market researcher Freedonia (Cleveland, Ohio / USA; www.freedoniagroup.com). An acceleration in global manufacturing output and increased consumer spending on packaged goods worldwide will contribute to the rising demand, the researcher said. Demographic trends such as increasing urban populations will also add to growth, as urban residents tend to consume more packaged goods. The rising popularity of online shopping in both developed and developing regions will also fuel demand for protective packaging for the shipping of relatively small items.
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Article Title: Demand for protective packaging to increase; foamed plastics account for the largest share
By: Heather Caliendo
Publication: PlasticsToday, 10/2/2012
Freedonia Study: World Protective Packaging (2943)

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World demand for protective packaging is forecast to increase 6.3% per year to $24.5 billion in 2016, according to a new study from The Freedonia Group Inc., a Cleveland-based industry market research firm. Factors contributing to rising demand include an acceleration in global manufacturing output, increased consumer spending on packaged goods worldwide, and demographic trends such as increasing urban populations, as urban residents tend to consume more packaged goods than their rural counterparts, the study stated. The increasing popularity of Internet shopping in both developed and developing regions will fuel demand for protective packaging for the shipping of relatively small items.
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Article Title: Cold chain needs, Internet shopping help build protective packaging demand
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Publication: HealthCare Packaging, 2/3/2013
Freedonia Study: World Protective Packaging (2943)

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The study notes that the increasing popularity of Internet shopping will be one of the most important trends influencing protective packaging demand. That, added to an anticipated rebound in manufacturing output, especially for durable goods, will push protective packaging demand in the U.S. by 5% a year to $5.9 billion in 2016.
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Article Title: http://www.plastemart.com
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Publication: Plastemart, 10/31/2013
Freedonia Study: World Protective Packaging (2943)

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World demand for protective packaging is forecast to increase 6.3% pa to US$24.5 bln in 2016, as per Freedonia. Factors contributing to rising demand include an acceleration in global manufacturing output, increased consumer spending on packaged goods worldwide and demographic trends such as increasing urban populations, as urban residents tend to consume more packaged goods than their rural counterparts. The increasing popularity of Internet shopping in both developed and developing regions will fuel demand for protective packaging for the shipping of relatively small items. These trends will further boost demand for cost effective packaging that protects goods from any damaging effects of shipping and handling throughout the supply chain. Foamed plastics will continue to account for the largest share of world protective packaging demand.
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