Cet ouvrage fait partie de la bibliothèque YouScribe
Obtenez un accès à la bibliothèque pour le lire en ligne
En savoir plus

Frost & Sullivan: High Regional Economic Growth and Consumption Rates Pep Up the Argentinean Market for Plastic Packaging for Food and Beverages

2 pages
Frost & Sullivan: High Regional Economic Growth and Consumption Rates Pep Up the Argentinean Market for Plastic Packaging for Food and Beverages PR Newswire BUENOS AIRES, Argentina, July 12, 2012 - Plastics outperforms traditional materials and gains favor among food retailers BUENOS AIRES, Argentina, July 12, 2012 /PRNewswire/ -- A favorable economic climate and a rising middle class, fostered by government policies to reduce poverty, have increased disposable incomes, food and beverage consumption and thereby, plastic packaging uptake. Argentina's economy was reasonably insulated from the economic downturn, lending some stability to its gross domestic product (GDP) growth rate, which is expected to grow at 6 percent in the next few years and stabilize at 3.5 percent by 2017. New analysis from Frost & Sullivan (http://www.chemicals.frost.com), Commodity Plastics Market for Food and Beverages Packaging in Argentina, finds that the market earned revenues of $1.25 billion in 2010 and estimates this to reach $1.91 billion in 2017. In this research, Frost & Sullivan's expert analysts thoroughly examine the following markets: polypropylene (PP), linear-low-/low-density polyethylene (LL/LDPE), high-density polyethylene (HDPE), polystyrene (PS), polyvinyl chloride (PVC), and polyethylene terephthalate (PET). If you are interested in more information on this research, please send an email to Francesca Valente, Corporate Communications, at francesca.valente@frost.
Voir plus Voir moins
Frost & Sullivan: High Regional Economic
Growth and Consumption Rates Pep Up the
Argentinean Market for Plastic Packaging for
Food and Beverages
PR Newswire
BUENOS AIRES, Argentina, July 12, 2012
- Plastics outperforms traditional materials and gains favor among
food retailers
BUENOS AIRES, Argentina
,
July 12, 2012
/PRNewswire/ -- A favorable economic
climate and a rising middle class, fostered by government policies to reduce
poverty, have increased disposable incomes, food and beverage consumption
and thereby, plastic packaging uptake.
Argentina
's economy was reasonably
insulated from the economic downturn, lending some stability to its gross
domestic product (GDP) growth rate, which is expected to grow at 6 percent in
the next few years and stabilize at 3.5 percent by 2017.
New analysis from Frost & Sullivan (http://www.chemicals.frost.com),
Commodity Plastics Market for Food and Beverages Packaging in
Argentina
, finds that the market earned revenues of
$1.25 billion
in 2010 and
estimates this to reach
$1.91 billion
in 2017. In this research, Frost & Sullivan's
expert analysts thoroughly examine the following markets: polypropylene (PP),
linear-low-/low-density polyethylene (LL/LDPE), high-density polyethylene
(HDPE), polystyrene (PS), polyvinyl chloride (PVC), and polyethylene
terephthalate (PET).
If you are interested in more information on this research, please send an
email to Francesca Valente, Corporate Communications, at
francesca.valente@frost.com, with your full name, company name, job title,
telephone number, company email address, company website, city, state and
country.
Growth in GDP rates directly influence commodity plastics consumption, where
for every GDP point, the PP segment grows by 1.2 percent, and PE by 1
percent. The demand for food and beverages is growing at 4 percent and is
expected to mirror the growth rates of the GDP. The requirement for food, and
hence plastic food packaging, is non-cyclical and 'income inelastic.'
Consequent to the economic stability, supermarkets are thriving in
Argentina
and retailers hold a lot of sway over the type of packaging used in the food and
beverage industry. Food retailers require packaging that extends shelf life, as it
allows them to better manage their logistics and therefore, several plastics
manufacturers are investing in R&D to improve this quality.
"Moreover, the lightness of plastics does not add extra weight to the product
and hence, makes it easier for distributors to carry plastic packaging than
glass, board, paper, or metal," says Frost & Sullivan Industry Analyst Hernan
Cavarra. "Retailers are pressuring food and beverage manufacturers to use
plastic packaging as they are shatterproof and have lesser volume, making
them easier to stock."
Plastic packaging has widened the gap with other materials through further