July 17, 2017
Bottled water will grow the most by volume by 2020 (+55 billion units) of all packaged products. These increases will be concentrated primarily in 5 regions: Asia Pacific (+46.7%), Western Europe (+10%), North America (+12.3%), Eastern Europe (+2.3%) and Middle East & Africa (+6%), driving the production of PET bottles, which take second place in the rankings, predicted at an increase of 5% (equivalent to a volume increase of 67 billion units). First place will be taken by flexible plastic, which is predicted to register the best performance by volume above all in the Asia Pacific region (+92 billion units), Western Europe and Middle East & Africa, both at +12 billion units.
These are some of the figures presented in Global Packaging Trends 2017, run by Euromonitor International in collaboration with the major international industrial associations (APPMA, PPMA, PMMI and UCIMA), which examines the opportunities for global growth in packaging for the period 2015-2020.
The survey also analyses the major trends in 80 world economies, and predicts increased awareness of wellness issues among consumers along with a strong demand for recycling and environmental sustainability in mature markets, and also highlights the impact of macro-economic factors on the choice of packaging.
The same issues, together with the exhibition of technologies and materials for the beverage industry, will be the focus of IPACK-IMA 2018.