Growth Still Seen in Food Packaging

If the forecast by The Freedonia Group is right, by 2013, Americans will use a staggering 300 billion food containers each year. The Group predicts that US demand for food containers will grow by 2.5 percent annually over the next five years to a total value of $25 billion versus $22 billion in 2008.

Demand for bags and pouches has grown by a robust 5.9 percent annually, from $6.9 billion a year in 2003 to $9.3 billion last year.

Despite an anticipated drawnout economic recovery, the demand growth for bags and pouches is expected to be a steady 3.3 percent annually over the next five years.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>


Lost Password

Skip to toolbar