The global rigid plastic packaging market worth $161.11 billion in 2013


Driven by growth in emerging markets, a new report estimates that the global rigid plastic packaging market will reach a value of $161.11 billion in 2013.

The report, by Visiongain, said emerging markets will be characterized by clear immaturity and strong economic growth, which will increase the quality and quantity of consumer purchases. In addition, low labor costs will also provide an incentive for companies to expand the scale of their operations in these markets.

While the effects of the economic crisis are still felt throughout the entire supply chain, Visiongain said that the conditions the crisis has created have actually proved favorable to the growth of rigid plastic packaging....
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