Analyst Study on Owens-Illinois Inc. and Crown Holdings Inc. - Packaging and Containers Sector Set to Expand in Emerging Market
December 17 2010 - 8:14AM
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The Packaging and Containers Sector is making a concerted effort
to expand its positioning in the emerging markets of China, India,
and Latin America. The fast growing middle class access to wealth
is resulting in a shift in food and beverage consumption habits.
Both India and China are seeing growth in alcohol consumption.
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In response, some companies within the sector are working to
make inroads into the domestic beer markets through acquisitions of
glass production facilities and construction of aluminum beverage
cans manufacture plants. Crown Holdings Inc. recently announced it
would be investing into the construction of plants geared towards
the production of aluminum beverage cans. China is the largest beer
market in the world. In terms of glass containers, Asia and Latin
America represent 50% of the global market so it is not surprising
companies within the Packaging and Containers sector such as
Owens-Illinois Inc. are focusing their efforts there. Investors can
register today at
http://wallstreetequityresearch.com/December172010Owens-IllinoisInc.(OI)171210.php
or
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to download the full report on Owens-Illinois
Inc. and Crown Holdings Inc.
One major trend that helped the sector through the downturn was
the budget-minded consumer's preference to eat at home. This
resulted in a higher demand for food packaging overall despite the
lower volume of business done with restaurants. While higher
materials costs have hurt the sector, it has generally faired
pretty well throughout the downturn.
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