South Korea Packaging Supplies Distributors and Manufacturers
Global packaging sales are expected to grow at an annual rate of 4% between 2013 to 2018. Sales of packaging are coming from Asia which contributed 36% of the total in 2012. In 2018, Asia is set to represent over 40% of all global packaging demand.
Driven by a number of trends, the growth of the global packaging industry depends on factors such as growing urbanisation, increased investment in construction and housing, increase demand via growth in retail, cosmetic and healthcare from emerging economics such as China, Brazil, Russia and India. This increase in demand is in line with the growth of the middle class in Asia.
Plastic is one of the most commonly used material in packaging supplies. It is a polymeric material that has the capability of being molded or shaped, usually by the application of heat and pressure. This property of plasticity, often found in combination with other special properties such as low density, low electrical conductivity, transparency, and toughness, allows plastics to be made into a great variety of products. Examples include the lightweight yet tough beverage bottles made of polyethylene terephthalate (PET), the flexible garden hoses made of polyvinyl chloride (PVC), insulating food containers made of foamed polystyrene, and shatterproof windows made of polymethyl methacrylate.