n Packaging Review South Africa - Recovery in packaging industry 'expected to begin in 2010' : Propak Africa preview




The global economic crisis is taking its toll on the packaging, food processing, plastics and print industries. According to industry analyst, EP Resources, through its global industrywide survey, 'Economic crisis - impact on the packaging industry', sales projections show a continuing downward trend through 2009, but with the rate of decline easing and recovery expected to start in 2010. More than half of all packaging producers surveyed reported a capital expenditure freeze during 2009, with a resulting negative impact on equipment sales.


Article metrics loading...

This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error