Europe rigids market to grow

Europe rigids market to grow

By Jake Thomas

In Europe, the market for rigid plastic packaging for food and drink is expected to grow faster than other plastics between 2010 and 2015, according to a research firm.

Pira International has released [1] research that concludes the market for rigid plastic packaging for food and drink in Europe will grow by a combined compound annual growth rate of 3.7 percent in volume during this period. The growing demand for these products is double the 1.9 percent growth expected for the overall European food and drink packaging sector. In 2010, food and drink consumption in the 12 countries and regions covered by Pira's research totaled over 632,716,049 tons, and projects it will grow by 0.6 percent for all food and drink consumption between 2010 and 2015.

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