Global packaging sales are projected to rise by 3% in real terms to $797 billion in 2013 and grow at an annual rate of 4% to 2018. The growth of the global packaging industry is being driven by a number of trends, depending on various geographical regions.
Growing urbanization, investment in housing and construction, the development of retail chains and the burgeoning healthcare and cosmetics sectors are driving packaging demand in China, India, Brazil, Russia and other emerging economies.
An increase in living standards and personal disposable income in the developing regions fuels consumption across a broad range of products with subsequent growth in demand for packaging of these goods.
The Association of Ghana Industries (AGI)’s printing and packaging sector is a sector assigned with the mandate of providing support to various printing and packaging industries in Ghana.
This sector is made up of industries that are involved in producing packaging boxes, screen printings and supply of products and services that are used in providing attractive outlooks for products and services.