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Demand for packaging in smaller sized formats increasing in Brazil

companiesandmarkets.com
companiesandmarkets.com
Latest Trends and Key Issues in the Brazilian Retail Packaging Market - The outlook for primary packaging containers, closures and outers to 2017 - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-03-17 14:34:02
The growth in demand for packaging is expected to be fueled by a falling rate of unemployment, the increasing number of smaller households, and the rise in size of the middle class population. Due to these factors the Brazilian packaging industry in expected to register fairly strong volume growth during 2012-2017, with the number of packs forecast to increase at a CAGR of 5.02%.

The Brazilian retail market is very attractive for product and packaging manufacturers, due to its strong macroeconomic fundamentals and overall economic growth. The country is expected to remain an attractive market in the future owing to its stable economic growth, and an expanding middle class population and their increased purchasing power.

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