Can growth expected in global packaging

Canmaking firm Rexam’s latest overview of the global packaging industry values the market at US$395 billion in 2010, with growth of 6 percent from the year previous.

In its Global Packaging Report launched today, which Rexam’s chief executive Graham Chipchase describes as part of “forging closer relationships with customers” the short-term outlook is said to be “clouded by economic challenges and fragile consumer confidence”, with long-term growth is expected to be on average around 3 percent a year, with the market reaching US$456bn in 2015.

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