Retail ready packaging (RRP) markets around the world have grown and will continue to expand, according to the PMMI, The Association for Packaging and Processing Technologies’ RRP study, findings of which were announced this month at interpack in Germany.
The survey of original equipment manufacturers (OEMs), end-user manufacturers and retailers reveals that Europe projected the largest market value for 2012, at $24.7 billion—more than quadruple the 2012 U.S. value of $5.5 billion, which has seen a growth rate of 1.4% in the same period. The most regional growth in RRP was seen in Asia, which increased 4.7% since 2011.