The global packaging industry anticipates marginal revenue growth in 2012. Of C-level respondents across the industry, 45% are "more optimistic" about revenue growth for their company over the next 12 months. Strong growth in emerging markets such as India and China has contributed to an increase in revenue optimism. The packaging sector in India is growing considerably and is expected to increase over the next two years due to the high demand from industry sectors such as food and beverage,
and pharmaceutical packaging.
The top three key expected changes for 2012 are the introduction of "expand in current market", "improving operational efficiency", and "new products and services".
This report is the result of an extensive survey drawn from Canadean's exclusive panel of C-level respondents consisting of CEOs and other senior level respondents such as president, managing director, and board members from leading packaging industry companies. It provides the reader with a definitive analysis of the industry outlook and explores how opportunities and demand are expected to change in 2012-2013.
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