The global packaging industry will continue its steady single-digit growth in the coming years. Growth profiles vary across regions and balance each other out, with consumer demand-driven in the context of ongoing urbanization and construction & housing pull in emerging markets on the one hand, and brand promotion and protection impetus in developed markets on the hand, as well as FDA requirements in the US for packaged goods and beverages.

By and large, the sector’s activity is underpinned by healthy dynamics of productivity improvements through economies of scale and technical applications requiring skilled competencies and efficient supply chain management.