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FLEXO Magazine : November 2012
Industry Indicators Corrugated Packaging Projections Value & Volume to Grow Nearly 30% Global demand for corrugated packaging will acceler- ate some 29 percent in the 60-month period stretching from 2012 to 2017. Sales will gradually build from $52 billion to $67 billion, reflecting typical annual growth of some 6 percent. At the same time, the volume of packaging produced will surge from 102 million tons to 130 million tons, represent- ing an average annual growth rate of 4.4 percent. Developing markets, particularly China, will lead the charge. That demographic portrait was assembled by Smither’s Pira. Market research analysts began circulating the findings in September 2012, following compilation of a 558-page study, “T he Future of Global Markets for Corrugated Board Packag- ing to 2017.” Analysts concluded that, “Contemporary realities both require and provide that corrugated board packaging remain a technological and scientific leader.” T hey further source: smithers Pira Global CorruGated PaCkaGinG ConsumPtion Patterns, 2011 20 FLEXO NoVember 2012 www.flexography.org prEssIng IssuEs boominG boX market $67 Billion Corrugated Packaging Market Value in 2017 130 Million Tons of Corrugated Board Produced in 2017 29% Growth in Market Value 2012-2017 4.4% Average Annual Growth in Consumption 750 Mills/80 Converters Polled in Collecting Data