[ppzhan Abstract] According to institutional research, global packaging sales will increase to US$820 billion in 2016, with the market demand for paper packaging being large and the US becoming a large packaging market.
According to a recent survey by the Smithers Pira Market Research Institute, global packaging sales increased by $670 billion annually from 2010, and is expected to grow to $820 billion by 2016. As a driving force for growth, on the one hand, the demand for packaging in developing and emerging industrial countries is increasing due to the increase in affluence and population. On the other hand, the packaging sector in Western industrial countries has benefited from the proliferation of varieties and increased sales points.
According to data provided by the Smithers Pilla Market Research Institute in 2010, the US large packaging market shows that the United States has become the world's largest packaging market with $137 billion in sales. China followed closely with $80 billion. According to the Institute's forecast, by 2017 China is likely to take over the United States. What is the development of China's printing and packaging industry? The unforgettable international printing exhibition held in Beijing in May this year is a powerful testimony.
At the same time, India has also developed rapidly. By 2017, India is likely to rise to the top 10 countries with more packaging, and its total demand for packaging will increase to $24 billion in the next five years.
Paper Packaging Demand Large paper and cardboard packaging constitutes the bulk of the packaging industry with a global demand of $20 billion. According to experts from the Smithers Pilla Institute, this part will grow to $250 billion by 2016.
Another survey by the institute shows that since 2005, global folding carton production has grown by 2.5% per year, and in 2010 it has grown to 43 million tons, which will continue to grow in the future. In the total amount of folding cartons, Asia accounts for 45%, and the United States and Europe account for 55%. In Europe, the German folding carton industry is producing a total of 860,000 tons, accounting for 25% of the entire European market. Italy and the United Kingdom ranked 14%, followed by France with 12% of the market. Important products in the German folding carton industry are sweets, cooked vegetables, frozen foods, tobacco, cosmetics and pharmaceuticals.
Cosmetics, sweets, tobacco products, and expensive goods increasingly require packaging to adopt new creative designs in order to differentiate products and goods through packaging at the point of sale.
According to a recent survey by the Smithers Pira Market Research Institute, global packaging sales increased by $670 billion annually from 2010, and is expected to grow to $820 billion by 2016. As a driving force for growth, on the one hand, the demand for packaging in developing and emerging industrial countries is increasing due to the increase in affluence and population. On the other hand, the packaging sector in Western industrial countries has benefited from the proliferation of varieties and increased sales points.
According to data provided by the Smithers Pilla Market Research Institute in 2010, the US large packaging market shows that the United States has become the world's largest packaging market with $137 billion in sales. China followed closely with $80 billion. According to the Institute's forecast, by 2017 China is likely to take over the United States. What is the development of China's printing and packaging industry? The unforgettable international printing exhibition held in Beijing in May this year is a powerful testimony.
At the same time, India has also developed rapidly. By 2017, India is likely to rise to the top 10 countries with more packaging, and its total demand for packaging will increase to $24 billion in the next five years.
Paper Packaging Demand Large paper and cardboard packaging constitutes the bulk of the packaging industry with a global demand of $20 billion. According to experts from the Smithers Pilla Institute, this part will grow to $250 billion by 2016.
Another survey by the institute shows that since 2005, global folding carton production has grown by 2.5% per year, and in 2010 it has grown to 43 million tons, which will continue to grow in the future. In the total amount of folding cartons, Asia accounts for 45%, and the United States and Europe account for 55%. In Europe, the German folding carton industry is producing a total of 860,000 tons, accounting for 25% of the entire European market. Italy and the United Kingdom ranked 14%, followed by France with 12% of the market. Important products in the German folding carton industry are sweets, cooked vegetables, frozen foods, tobacco, cosmetics and pharmaceuticals.
Cosmetics, sweets, tobacco products, and expensive goods increasingly require packaging to adopt new creative designs in order to differentiate products and goods through packaging at the point of sale.
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