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Packaging News

Global fast moving consumer goods packaging market to be worth $436.5 billion in 2013

February 21, 2013

Visiongain’s (www.visiongain.com) analysis indicates that the global fast moving consumer goods (FMCG) packaging market will reach a value of $436.5 billion in 2013, as emerging market demand for FMCG products and demographic changes in the developed world heighten the demand dynamics in the FMCG packaging markets. The FMCG packaging market is therefore forecast by Visiongain to record solid growth over the next decade.

The Visiongain author of the Global Fast Moving Consumer Goods (FMCG) Packaging Market 2013-2023 report commented that “Two major drivers will deliver consistent growth in the FMCG packaging markets. Aging societies across the world will demand more of healthcare FMCG products, increasing demand for FMCG packaging markets. Demand for various easy-to-open packaging will also increase, particularly in food and beverage FMCG markets. Secondly, emerging market growth will positively affect FMCG packaging demand. As the middle class consumer class widens, demand for various FMCG products is expected to materialize. Packaged goods are often viewed as superior quality and more hygienic, explaining emerging market consumers’ preference for them.”

The report contains 155 tables, charts and graphs that add visual analysis in order to explain developing trends within the FMCG packaging market. Visiongain provides forecasts for the period 2013-2023 in terms of value (USD) for the global FMCG packaging market, as well as for 6 submarkets by material (rigid plastic, flexible plastic, metal, paper, glass and other) and 5 submarkets by end-use (food, beverage, personal care, healthcare and other) of the FMCG packaging market. In addition, 15 leading national FMCG packaging markets are forecast and analyzed by Visiongain over the period 2013-2023. The report provides profiles of 24 leading companies operating within the market, and includes an interview with Chesapeake, a principal FMCG packaging company, providing expert insight alongside Visiongain analysis.

 For further information concerning the Visiongain report the Global Fast Moving Consumer Goods (FMCG) Packaging Market 2013-2023 please visit: http://www.visiongain.com/Report/971/Global-Fast-Moving-Consumer-Goods-%28FMCG%29-Packaging-Market-2013-2023

KEYWORDS: consumer packaged goods (CPG) packaging industry news

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