Certain Uncertainty
As the folding carton industry charts a course of steady growth, the broader economic environment weighs heavily on business psyche.
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Growth trends
Pira International recently released a study, The Future of Folding Cartons: Market Forecasts to 2016. In this report, Pira predicts the global end-user demand for folding cartons to grow at an average annual rate of 4.4 percent during the period from 2010 to 2016. The highest growth sectors in percentage terms include spirits, healthcare, confectionery, tobacco, hardware, and chilled foods. On the other side of the coin, Pira predicts lower growth segments to include pet food, soft drinks, savory snacks, and baked products, which will be impacted by competition from flexible packaging.
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Tom Polischuk
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