Printer News - November 2012

"This report provides converters with valuable insight on what to expect over the next five years and how to best prepare for changing economic and market trends," said Ben Markens, president of PPC.

According to the report, although the recession is over, consumers are still struggling financially, as is the folding carton industry, whose shipments fell 4 percent in 2010-11. Folding carton shipments lagged about 2 percent behind overall growth in consumer spending on nondurable goods over the last decade. Shipments continued to slide in 2011, declining 3.3 percent for the year. Although total growth over the next five years is expected to average just 0.5 percent annually, carton shipments should rebound 1.8 percent in 2012.