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Article: New RISI Global 15-Year Packaging Outlooks Show Containerboard Demand Growth to Average 1.4% in North America, 5.6% in Asia and 6.6% in China Through 2024.
- Article from:
- PR Newswire
- Article date:
- September 2, 2009
CopyrightCOPYRIGHT 2009 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BOSTON, Sept. 2 /PRNewswire/ --
Forecast Highlights:
North America
-- Bans on plastic bags not expected to lead to revival in paper bag
markets, as reusable bags are quickly gaining a foothold in many
markets.
-- Competition from alternative packaging products will continue to
restrain domestic boxboard demand growth for the next 15 years -- no
more than 3% demand growth by 2024.
Asia
-- Asian boxboard consumption ratio to favor virgin grades as the booming
middle class in the region will buy more high-quality packaged
products.
-- Major producers in the region will enjoy better profit margin on
...
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