Health and wellness, environmental awareness and recycling, and a growing middle class are worldwide trends and worldwide packaging drivers. That’s according to “Global Packaging Trends — Global Growth Markets for Packaging 2015,” released this fall by PMMI, The Association for Packaging and Processing Technologies. The PMMI report, produced by Euromonitor, examines and forecasts packaging data through 2019 in six regions: Asia Pacific, Western Europe, North America, Latin America, Eastern Europe and Middle East/Africa.
Middle East/African packaging markets are anticipating 5.3% CAGR growth in volume, but forecasts for Western Europe and North America land at the other end of the spectrum, with 0.4% and 0.5%, respectively. However, Middle East/Africa is starting from a much lower base —167 billion units — than Europe (798) and North America (589).