Business News • MarketWire • Sneak Peek in the Packaging and Container Industry |
Sneak Peek in the Packaging and Container Industry |
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Sneak Peek in the Packaging and Container Industry
JOHANNESBURG, SOUTH AFRICA--(Marketwire - June 7, 2010) - www.rothmanresearch.com - The Packaging and container industry is projected to grow, according to industry experts, as consumer spending continues its steady progression with the U.S. economic recovery. An overwhelming number of products distributed to end-users are packaged and with this trend not likely to slow-down, companies in this industry are ramping up for an uptrend in the near- to mid-term. The industry has seen a decline of about 8.7% in the last few months mainly due to the effect of the recession. However, with some of its key consumers, like restaurants, back in business, things are anticipated to change for the better.
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