Global demand forecast to increase by 4.6% annually to reach USD 40 bn by 2014 / Plastic alternatives to witness above average growth / Asia-Pacific region predicted to lead value gains / Latest Freedonia study

摘要

Global demand for caps and closures is projected to rise by 4.6% annually up to 2014, when it will reach USD 40 bn, according to a recent study published by US market researcher Freedonia (Cleveland, Ohio; www.freedoniagroup.com). Plastic caps and closures, the largest product type, will continue to see above-average growth, with demand benefiting from greater use of plastic packaging at the expense of glass bottles and jars, especially in food and beverage applications, the study says. "World caps & closures" predicts that a rise in packaging requirements as a result of growth in manufacturing output will contribute to the increase, as will trends toward urbanisation and an ongoing shift in product mix towards higher-value closures.