n Packaging Review South Africa - Recovery in packaging industry 'expected to begin in 2010' : Propak Africa preview
|Article Title||Recovery in packaging industry 'expected to begin in 2010' : Propak Africa preview|
|© Publisher:||New Media Publishing|
|Journal||Packaging Review South Africa|
|Publication Date||Sep 2009|
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.
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