Blackpool, Lancashire -- (SBWIRE) -- 08/14/2015 -- According to recent figures released by Nasdaq, the global plastic packaging market is set to see an increase in growth, estimated over the period of 2014-19 to be at a CAGR of 6.06%. This anticipated growth suggests that there is optimism in the market, and a number of investments are being made or are set to be made.
Plastic packaging is integral to the packing of a number of products. It offers a versatility of use, often making it an ideal choice for retailers. For example, plastic can be used to wrap food products, offering the potential of an air-tight seal to sustain shelf life. It also provides protection against external conditions such as moisture and dirt, thus often in-demand for supermarket and display sue. A key variety of plastic packaging used in this range of applications is shrink wrap. It offers the additional benefits of tight coverage, minimizing waste and also can be potentially recycled.
Uwrap are a prime example of a business supporting growth in the plastic packaging market. They offer a range of shrink wrap machinery and products. With extensive experience in the field, they are frequent commentators on industry news. They offered this reflection:
"We think that the predicted growth for the plastic packaging market is positive," a spokesperson said "As it suggests that more people will be coming aware of their options in plastic and how these can be versatile enough to suit their range of needs. Shrink wrap is central to this especially, is it is an example of a multi-purpose solution for a variety of products. Having your own machine as a business can increase levels of efficiency, as well as the wrap looking great. It has high functionality whilst also offering a fine finish. We urge that if you are interested in the benefits of plastic packaging for your company, to consider the benefits of shrink wrap – with a machine allowing you the opportunity to package in your own premises."
Company name: Uwrap
Tel: 01253 300400
Contact person: Paul Easton
Address: Units 9-11
Blackpool Fylde Ind Est