Foodservice packaging industry forecasts growth


Currently, one of the hot button issues for foodservice single-use packaging is the proposed polystyrene ban in New York City, which is stirring many emotions on both sides. Still, in a time where bans or restrictions are being discussed, suppliers of foodservice packaging are optimistic about the year ahead.

The Foodservice Packaging Institute (FPI) found that, generally speaking, a strengthening economy and less volatile input pricing could result in a positive year for the foodservice packaging industries in North America and Europe.

Results of FPI's "State of the Industry Survey" found that nearly 85% of foodservice packaging manufacturers in North America expect their sales volume to improve, and almost three quarters expect higher profits in 2013. Respondents were a little less optimistic in Europe, with just over half expecting volumes to increase and about a third anticipating better profits than last year.
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