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March 27, 2007 | By S Chidambar
Not many people give the packaging industry due credit. It is actuallythe world’s third largest industry after the food andenergy-petrochemicals industries, with both of which it has extensiveinvolvement. In most countries, it figures in the 5 largest industriesand, quite often, it grows at a rate (5% to 8 per cent per annum world-wide –3 per cent to 5 per cent in the developed world and 15 per cent per annum or more in thedeveloping nations) that is between 2 and 3 times the GDP growth rate.It is a complex, specialised and dynamic business that is highlyapplication oriented and it is the only industry that encompasses everysingle product made. It truly touches every one of us. ...cont´d
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