Despite the impact of the global economic recession in the UK, the packaging industry is expected to witness marginal growth in the forecast period, as demand from the food and beverage and pharmaceutical industries pushes demand for its packaging. The UK’s packaging machinery industry will also record growth in the forecast period.
The Brazilian packaging industry is the largest in South America. Its key end-user market segments include consumer packaged goods, agro-products, light engineering goods and household durables. After recording a period of sustained growth, the country’s industry was affected by the global financial crisis in 2009.