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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:
- U.S. Newswire
- Article date:
- September 2, 2009
CopyrightCopyright 2009 U.S. Newswire. Provided by ProQuest LLC. (Hide copyright information)
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To: BUSINESS EDITORS
Contact: Dan Blenk, RISI Marketing Director, +1-781-734-8942,
dblenk@risi.com
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 ...