The Global Packaging Market

ICD Research's new report, “Global Packaging Industry Outlook Survey 2011-12: Industry Dynamics, Market Trends and Opportunities, Buyer Spend and Procurement Strategies," analyzes how packaging companies' procurement expenditure, business strategies and practices are set to change in 2011-12.
 
It reports that the packaging industry is confident about a rise in revenue for 2011, with 59% of respondents being more optimistic about revenue growth over the next 12 months than the previous 12 months.  Reasons behind this trend include strong growth in emerging markets such as India and China, decreased global economic uncertainty, a rise in sales innovation, and increasing production and process efficiency.  
 
Flexible packaging is expected to be one of thefastest growing sectors of packaging, driven by industry consolidation and sustainability initiatives.  In addition, technological developments such as improved recycling techniques and the development of compostablepackaging materials have helped to increase the profitability expectations of industry respondents.
 
More information may be obtained from:
Shelly Wills

Marketing Manager
 Industry Review


T: +44 (0) 207 936 6671 

E: reportinfo@progressivemediagroup.com