"Despite Globally, the United States remains the largest market demand, but growth in Asian demand for rigid plastic food packaging will remain the highest, almost twice the growth rate of the United States and Europe over the next five years, China will be the fastest growing countries in Asia, accounting for about 50% Asian demand. "Schlechter said.

famous shopping research institutions BCC Research has announced a statement said that these global rigid plastic food packaging trends brought the matter to the mall, its prospects for future years will be very can be expected.

Asia rigid plastic food packaging demand growth holding long

The report notes that in 2013 the global rigid plastic food packaging market demand of about 30 billion pounds, is expected in 2014 this figure is expected to exceed 31 billion pounds. During 2014-2019, the demand will reach 3.7% CAGR. To 2019, the global rigid plastic food packaging market demand will increase to 37.2 billion pounds.

plastic food containers

The research agency said in the next five years PET rigid plastic food packaging will continue to dominate, its compound annual growth rate is expected to reach 4.1%.

BCC Research principal analyst Melvin Schlechter said that although rigid plastic food packaging market is very large, but its level of development has been quite mature. The dominant resin which there are four: PET, HDPE, PS and PP, occupying 96% market share.