Brazilian packaging production to grow two percent in 2013
Packaging production in Brazil is set to grow by two percent in 2013 compared to last year, according to a study carried out by the Getúlio Vargas Foundation (FGV) and published by Abre, the Brazilian Packaging Association.
Manufacturers’ revenues will be around 48 billion Reais (24.3 billion USD) this year, compared to 46,1 billion Reais (23.3 billion USD) last year.
The study says that production will rise by two and a half percent in the first half of the year; for the second semester, projections vary from just over zero up to one and a half percent. The annual forecast is for growth in the region of one and half to two percent.
Stay up to date
Subscribe to the free Label News newsletter and receive the latest content every week. We'll never share your email address.
