Market Study of U.S. Microwaveable Packaging
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BURNSVILLE, Minn.—Industry analyst, Allied Development Corp., has announced a new packaging study, “U.S. Microwaveable Packaging 2009 to 2013.” According to Allied Development, the U.S. microwaveable packaging market was estimated at $0.4 billion in 2003 and is forecast to reach $1.7 billion by 2013 at an annual growth rate of 16.0 percent. Current economic conditions have slowed organic growth, but the expansion of applications and use of new technology continues unabated. The latest packaging for microwaveable products is highly innovative, and it meets and exceeds the critical demands of consumers, driving consumption higher.
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