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K 2007: Plastic packaging holds its market position

Trade Fair News

K 2007: Plastic packaging holds its market position

29/10/2007

With a plus in turnover of eleven percent, plastic packaging has clearly held its market position compared with other packaging means.
Ulf Kelterborn, Director of the Industrial Association Plastic Packaging (Industrievereinigung Kunststoffverpackungen e.V.) (IK), thus explains the situation: “The significance of packaging in the consumer and foodstuff areas is increasing in different respects. In particular plastic packaging profits from this, not least due to its diverse possibilities of application and its high innovation potential." The increasing export share additionally shows the positive competitiveness of the German companies in an international comparison.

The IK economic trend, in which each quarter the companies in the plastic packaging sector are asked about the essential economic barometers, predicts, however, a weakening of the economic dynamics at the end of the year. This development combined with the still strained raw material situation will, according to the view of the IK, continue to increase the margin pressure on the plastic packaging companies.

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