This report also elaborated market value growth mainly due to: the supermarket retail scale continued to expand, increasing number of people, the work of women, young consumers love the flexible packaging products are to some extent contributed to the flexible packaging market value growth. Beginning in 2005, affected by the continued growth of the local economy, the infrastructure in Central and South America and the rapid development of the food processing industry.
It is learned that the Central and South American flexible packaging market value now stands at $ 4.3 billion, an annual growth rate of about 5.3%. The Brazilian regional flexible packaging demand growth of 48% in the middle of Colombia and Argentina increased by 67% in aggregate.
Currently, the Brazilian food industry has been in line with modern international standards, 40% of the food delivered to the families of the approximately 200 million people through a variety of channels. It is estimated that such demand will be in the major international events, such as the 2014 World Cup during the 2016 Summer Olympic Games substantial growth.
It is reported that the Brazilian flexible packaging demand mainly rely on their own production companies, rely on imports of only 1%, 2% are exported to other countries in Central and South America. PET soft film still from China and India imported equipment maintenance and maintenance, local BOPP and PE film production enterprises, but only one regional PET film production.
PCIFilms relevant responsible person said, the local businesses in Central and South America to serve the local flexible packaging market, a number of diverse business enterprises still want to expand their business through the local market, including the Union or the acquisition of other local enterprises.