Plastic packaging industry expects high annual growth

摘要

AS per the new analysis by Visiongain, these young markets will be classified by strong growth in economy along with clear immaturity, increasing the quality and quantity of consumer purchases. Along with this, low labour costs will also motivate global companies to increase their operation lines within these markets. Global Rigid Plastic Packaging Market 2013-2023 which is a report made by Visiongain, clarified that whereas total packaging utilization has been adversely affected by the economic crash, the crisis has generated favourable situations to support growth in rigid plastic packaging. As per the analyst firm's study, preferences of consumers have changed due to the economic crisis, and buying tendencies have reflected this.