Growth forecast for China

14 May 2012   (This article was published in International Paper Board Industry)

In the five years through 2016, total revenue of the Paper and Paperboard (P&R) Manufacturing industry in China will increase at an average annual rate of 8.9 percent reaching $75.42 billion in 2016, according to IBISWorld, a publisher of industry research.

The main drivers of industry growth will be steady increases in overall domestic demand; gradual economic growth in central and western regions in China; and growth in the industry’s exports, which include corrugated containers, folding or solid cartons made of other paper, paper sacks, paper bags, file boxes and file sacks.

The main drivers of industry growth will be steady increases in overall domestic demand; gradual economic growth in central and western regions in China; and growth in the industry’s exports, which include corrugated containers, folding or solid cartons made of other paper, paper sacks, paper bags, file boxes and file sacks.

Industry output increased from 22.3 million tons of paper produsts, including 13.8 million tons of paperboard boxes in 2006, to a forecast 55 million tons and 31 million tons, respectively, in 2011.

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