US protective packaging demand to reach $6.4bn
Protective packaging demand in the US is projected to increase 4.5 per cent per year to $6.4bn in 2018, an improvement from the 2008-13 performance based on a strengthening of the economy, including recoveries in manufacturing and construction, which were hit hard during the 2007-09 recession.
According to analyst Esther Palevsky, "Continued robust growth is also expected for Internet shopping, buoyed by the convenience of mobile access to retailer websites along with an improved outlook for consumer spending."
These factors will necessitate heightened requirements for cost-effective packaging used in the protection of goods from shock, vibration, abrasion, and other damaging effects of shipping and handling.
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Source: Packaging Europe
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