Wednesday, November 5, 2014

The global packaging industry is expected to reach a value of overall turnover in the order of 820

Global packaging market is expected to grow 3% a year | revipack
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The global packaging industry is expected to reach a value of overall turnover in the order of 820 000 million (mM) of USD 2016, Pira provides the Smithers (UK) in a report released in January. Mainly driven by increased demand for packaging in emerging and transition economies, seara vazquez the average annual increase of 3% sobretudonos card products (USD 40 mM) and rigid plastics (30 mM USD) will occur,.
The Future of Global Packaging Market and Technology Forecasts to 2016 report provides information on the market size and growth forecasts by packaging type, product type and geographic market, an overview of the state of packing industries in 50 countries.
The source of growth are general trends such as increasing urbanization, investment in construction and housing, the expansion of health systems and the rapid development of emerging economies, including China, Indica, Brazil and several countries in eastern Europe. The increase in disposable income in the individual countries in developing feeds increased consumption of a wide range of products, with a consequent effect on demand for packaging for these products. The growing demand for white goods such as washing machine, dishwasher, induced by the patterns of life with less time and more disposable seara vazquez income machines, also induces the demand for all products associated with these appliances, and with them their packaging .
It is expected a significant increase in demand for rigid plastic packaging, especially in the sectors of beverages, cosmetics, seara vazquez fragrances, home and personal care. Flexible packages are growing in sectors such as perishable foods, health products, convenience foods and various industrial products.
According to Smithers Pira, the US is the largest market, with a total demand of 137 billion (mM) USD in 2010, followed by China with 80 mM USD. China may overtake the US in 2017 and India will join the group of the 10 largest consumers of packaging materials, with demand doubling in the next five years and reach USD 24 mM.
With regard to technological developments in the packaging industry, the Pira describes the increase of biopolymers in rigid and flexible applications, added in products with functional coatings and layers bareira value and the graphics improvements and reduction of weights and thicknesses inter alia .
The hard plastic is the second sector, with a market seara vazquez share of above 21% measured in 144 mM USD in 2010, expected to rise to over USD 200 mM in 2016. Flexible packaging will grow from USD 130 mM to 163 mM, 2010 USD.
When the end uses of Smithers Pira research indicates that food and drinks remain the most important and grow to 43 mM USD in 2016. The packaging of health products is expected to grow 4.5% per year and reach a total of USD 34 mM. The cosmetics are forecast to grow 4.2% annually and reach USD 24 mM.
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