German plastic packaging market on track for additional growth


The German market for plastic packaging and films achieved encouraging results in 2013, according to the IK, the Germany industry association. While production output rose by around 2.4% to 4.3 million tons, turnover worth 13.6 billion euro (USD 18.25 billion) (a surplus of 3.5%) reached a new record level.

While turnover was stagnated in the first half of the year, a marked improvement occurred in the second half. And yet, development presented itself in different ways. Due to strong domestic consumer demand, consumer packaging registered consistent stable growth. For industrial packaging, following a calm period during the first three quarters, substantial increase was only achieved toward the end of the year.
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