The research report of Freedonia Market Consulting Company in the United States points out that the consumption of plastic bottles and other products in the US packaging market will exceed that of paper in the next three years. The company expects that in 2010, the demand for plastic packaging in the United States will be 13.6 billion pounds, an annual increase of 2.9%; the consumption of paper packaging will be 12 billion pounds, an annual increase of 0.3%, and the market share of plastic bottle packaging products will reach 53%.
In the market competition of packaging products, the growth of plastic bottle products is expected to exceed that of paper, and technological innovation will lead to plastics having competitive costs and performance advantages over paper.
Freedonia expects plastic bottle packaging to grow fastest in the beans and non-dairy beverages and pet food sectors, and the frozen food, fruit drinks and detergent market will perform well. In addition, disposable plastic bottles and plastic bottles used in fast food restaurants and school lunch programs will have strong growth potential.
In the market competition of packaging products, the growth of plastic bottle products is expected to exceed that of paper, and technological innovation will lead to plastics having competitive costs and performance advantages over paper.
Freedonia expects plastic bottle packaging to grow fastest in the beans and non-dairy beverages and pet food sectors, and the frozen food, fruit drinks and detergent market will perform well. In addition, disposable plastic bottles and plastic bottles used in fast food restaurants and school lunch programs will have strong growth potential.
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