Good trend of global rigid plastic packaging market

The well-known market research firm BCCResearch recently released a report that in recent years the global hard plastic food packaging market better, the next few years the development prospects will be very considerable.

The report notes that in 2013 the global rigid plastic food packaging market demand is about 30 billion pounds, is expected in 2014 this value is expected to break 31 billion pounds. During the period 2014-2019, the growth rate of the composite will reach 3.7%. By 2019, the global rigid plastic food packaging market demand will increase to 37 billion 200 million pounds. PET in the next 5 years will remain the dominant position in the hard plastic packaging, the compound annual growth rate is expected to reach 4.1%, the research agency said.