Abstract
US demand to grow 3.9% annually through 2011
US demand for flexible bulk packaging is forecast to increase 3.8 percent per
year to $7.5 billion in 2011. Film wrap is expected to register the fastest
gains, propelled by growing requirements for the bundling and protection of
goods during warehousing and distribution. Demand will also stem from retail
trends toward products packaged in bulk and using secondary packaging for
product warehousing, as well as toward the bundling of multipacks. Shipping
sacks, which represented over 40 percent of flexible bulk packaging demand in
2006, are expected to advance at a belowaverage pace of 1.8 percent annually
through 2011 to $2.8 billion. Slow growth will result from continued declines
for paper shipping sacks supplanted by their plastic counterparts.
Food and beverage, smaller nondurables to be key uses
Nondurable goods markets such as food and beverages, chemicals, agricultural
and horticultural products, paper, textiles, rubber, plastics and petroleum
products represented over 70 percent of demand in 2006 and will expand in line
with the industry average through 2011. The best gains are anticipated in the
food and beverage, and smaller nondurables markets based on healthy product
shipment growth as well as opportunities for flexible bulk packaging formats
that provide cost and performance advantages over alternative flexible and/or
rigid bulk packaging items. Durable goods markets such as building materials
will register below-average growth through 2011 primarily due to a sharp
deceleration in building construction expenditures, particularly residential
construction. This will negatively impact goods such as windows, doors,
concrete mixes and lumber, which often utilize shipping sacks, strapping, film
wrap and other flexible bulk packaging.
Study coverage
It presents historical demand data for the years 1996, 2001 and 2006 and
forecasts for 2011 and 2016 by flexible bulk packaging material, product and
market. The study also considers market environment factors, assesses industry
structure, evaluates company market share data and profiles 39 US industry
competitors.
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