Plastic is once again expected to increase is share of the market to 53% (in pounds) in 2010. However, this understates plastic’s true share, since less plastic is required than paper given it’s lighter weight.
The plastic market share will expand at a slower rate going forward, estimated at 3% per year. Highest growth markets for plastics are pet food applications, frozen foods, fruit beverages, and detergent markets.
Paper for packaging for 2005 was 11,830million tons estimated to grow to 12,030million tons for 2010; while plastic was 11,790million tons in 2005 growing to 13,630million tons in 2010.
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