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Cold chain needs, Internet shopping help build protective packaging demand

A rebound in manufacturing output, Internet shopping growth, and life sciences cold chain requirements all predicted to advance U.S. protective packaging demand to $5.9 billion in 2016.

Insulated shipping containers will be one of the fastest growing protective packaging product types as a result of growing cold chain requirements in the pharmaceutical and life science industries. Pharmaceutical uses will be driven by rapidly expanding markets for biotechnology drugs and vaccines, which are often temperature-sensitive.

That's one of the predictions from "Protective Packaging," a new study from The Freedonia Group, Inc.

The study notes that the increasing popularity of Internet shopping will be one of the most important trends influencing protective packaging demand. That, added to an anticipated rebound in manufacturing output, especially for durable goods, will push protective packaging demand in the U.S. by 5% a year to $5.9 billion in 2016.

Freedonia, a market research firm, says these facto... Read more »

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