No recovery expected for German packaging industry

EUROPEAN PLASTICS NEWS

Published: October 10, 2013 9:27 am ET
Updated: October 10, 2013 9:29 am ET

Related to this story

Topics Europe Packaging
Companies & Associations

The IK trade association says three quarters of the German plastic packaging industry do not expect higher turnover in the fourth quarter because of increased competition in Germany.

"More and more businesses from European crisis-ridden countries are trying to gain a foothold on the German market," says the group, revealing the results of the IK Economic Trend survey for the fourth quarter.

High energy prices in Germany are also a problem, especially for the mostly medium-sized businesses within the sector.

The outlook for export performance is not any better than during the previous quarter either, says the group, and the positive economic data from some EU countries are so far not making any impact on the export-oriented German packaging manufacturers.

However, 50% of IK members rate the general economic situation as "good."


Comments

No recovery expected for German packaging industry

EUROPEAN PLASTICS NEWS

Published: October 10, 2013 9:27 am ET
Updated: October 10, 2013 9:29 am ET

Post Your Comments


Back to story


More stories

Itech South buys 7 Negri Bossi presses

March 26, 2015 4:51 pm ET

Itech South, part of Injection Technology Corp., bought seven Negri Bossi injection molding presses, equipped with Sytrama robots, at NPE 2015.    More

Image

Customs snafu snags Boy Machines

March 26, 2015 9:42 am ET

ORLANDO, FLA. — With apologies to poet Robert Burns, this year’s NPE in Orlando definitely proved that “sometimes the...    More

Image

Hall of Fame: Eugen Hehl helped make Arburg a plastics powerhouse

March 22, 2015 6:00 am ET

Eugen Hehl said his family-owned machinery company, Arburg GmbH & Co. KG, is built on a humble dedication to excellence, but, as he built the...    More

Image

Norres investing in hose production

March 20, 2015 9:19 am ET

Germany's Norres Schlauchtechnik GmbH has launched a program to invest a little more than $3 million to double its capacity and upgrade at least one...    More

Image

Solvay, Ineos to divest some operations as part of Inovyn JV process

March 19, 2015 9:58 am ET

Brussels-based Solvay SA and Ineos Group AG will sell off some of their assets to International Chemical Investors Group SE as part of the move to cre...    More

Market Reports

Flexible Packaging Trends in North America

North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.

For more insight on growth opportunities, drivers of growth and the outlook for 2015, download this report.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 billion plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Upcoming Plastics News Events

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events