Frost & Sullivan: High Regional Economic Growth and Consumption Rates Pep Up the Argentinean Market for Plastic Packaging for Food and Beverages

Frost & Sullivan: High Regional Economic Growth and Consumption Rates Pep Up the Argentinean Market for Plastic Packaging for Food and Beverages PR Newswire BUENOS AIRES, Argentina, July 12, 2012 - Plastics outperforms traditional materials and gains favor among food retailers BUENOS AIRES, Argentina, July 12, 2012 /PRNewswire/ -- A favorable economic climate and a rising middle class, fostered by government policies to reduce poverty, have increased disposable incomes, food and beverage consumption and thereby, plastic packaging uptake. Argentina's economy was reasonably insulated from the economic downturn, lending some stability to its gross domestic product (GDP) growth rate, which is expected to grow at 6 percent in the next few years and stabilize at 3.5 percent by 2017. New analysis from Frost & Sullivan (http://www.chemicals.frost.com), Commodity Plastics Market for Food and Beverages Packaging in Argentina, finds that the market earned revenues of $1.25 billion in 2010 and estimates this to reach $1.91 billion in 2017. In this research, Frost & Sullivan's expert analysts thoroughly examine the following markets: polypropylene (PP), linear-low-/low-density polyethylene (LL/LDPE), high-density polyethylene (HDPE), polystyrene (PS), polyvinyl chloride (PVC), and polyethylene terephthalate (PET). If you are interested in more information on this research, please send an email to Francesca Valente, Corporate Communications, at francesca.valente@frost.