China and India see tremendous growth in packaging demand says report
According to the report: ‘The 20 Leading Packaging Companies 2012: Competitive Landscape Analysis’ nations such as China and India have seen tremendous growth in packaging demand due to an increase in disposable income and an evolution in consumer preferences. This change in packaging demand has substantially increased the profits of the large companies operating in these regions and this has caused a noticeable change in the packaging landscape for two reasons.
The report states that the growth of these companies has caused changes in the global market share of the packaging market, especially due to changes in the packaging landscape within the developed nations. Secondly, the companies operating in the developing nations have lower costs to contend with and this has allowed them to increase their speed of expansion.
View the report: ‘The 20 Leading Packaging Companies 2012: Competitive Landscape Analysis’
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