Packaging Market Benefits From Asian Growth

This article summarises a recent report from market analysis group Visiongain which states that the glass packaging market is expected to benefit from strong economic growth in emerging markets, particularly China and India where trends in both countries are similar. The past few years has seen the growth of a middle class in both countries and these people have disposable income to spend. Unlike in Western countries, they are happy to display their wealth and tend to buy premium high-end products. This has resulted in people from emerging economies demanding more premium food , beverage, healthcare and personal care products that are packaged in glass.