Total food packaging in Indonesia is forecasted to grow by 34.2% from 2007 to 2012 resulting in a compound annual growth rate of 6.1%, while in the U.S., the growth rates are projected at 4.7% and 0.9%, respectively. Furthermore, total volume growth in units during this forecast period is 15.3 billion units for Indonesia versus a unit volume growth of 9.5 billion units for the U.S. Dried processed foods (forecasted rate of 30%; growth of 5.2 billion units) and confectionary (forecasted rate of 43.1%; growth of 3.7 billion units) are two of the categories leading the growth in Indonesian food packaging. Meanwhile, frozen and chilled processed foods are increasingly entering into modern retail outlets.
