The future of rigid plastics packaging

Global consumption of rigid packaging is forecasted to reach $115 billion in value by 2009, up from $84 billion in 2004, according to a new study from Pira Intl.

The Future of Rigid Plastics Packaging: Strategic Five-year Forecasts is based on 170 in-depth interviews with polymer, additives, machinery and film suppliers, rigid packaging converters, and end users globally. Among the studies’ findings were the following:

• The U.S. represents the leading national market for rigid plastics packaging, accounting for no less than 23% of global sales value in 2004. The forecast for 2009 is that the U.S. will maintain its top ranking, growing to $22 billion.

• The total tonnage or weight for rigid plastics packaging in Europe is forecasted to grow at a 3.7% annual rate between 2004 and 2009.

• Asia will account for almost 40% of global growth between 2004 and 2009, with China alone representing 8%. Consumption of rigid plastics packaging in Asia is forecast at 10.4% per year. Only the Middle East, at 12.7%, is projected to have a higher annual increase, as seen in the accompanying chart.

The main focus of the report is on the European market, but world developments are also examined. The study contains more than 200 tables and figures and is available for $6깪. E-mail Neil Johnston at neilj@pira.co.uk, or call 011/44.1372.802.262.

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