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Food packaging driving growth in plastic film demandFood packaging driving growth in plastic film demand
The U.S. demand for plastic film is expected to grow 1.5% per year through 2018 to 15.4 billion pounds, valued at $24.9 billion, according to a new study from The Freedonia Group. Accelerating growth in manufacturing output and disposable incomes bodes well for plastic film sales in a wide range of markets. Expected price stabilization stemming from elevated plastic resin supply will improve the cost-competitiveness of plastic film versus other materials. Increased penetration of pouches into new markets will also boost demand for plastic film.
PlasticsToday Staff
January 30, 2015
2 Min Read
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The U.S. demand for plastic film is expected to grow 1.5% per year through 2018 to 15.4 billion pounds, valued at $24.9 billion, according to a new study from The Freedonia Group. Accelerating growth in manufacturing output and disposable incomes bodes well for plastic film sales in a wide range of markets. Expected price stabilization stemming from elevated plastic resin supply will improve the cost-competitiveness of plastic film versus other materials. Increased penetration of pouches into new markets will also boost demand for plastic film.
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