London, 7th February, 2013 - This report is the result of an extensive survey drawn from Canadean’s exclusive panel of leading global packaging industry companies; it identifies respondents’ current business scenarios with BRIC nations and demonstrates respondents’ intentions of changes in business dynamics during 2013. Furthermore, the report tracks the leading business concerns that affect business with BRIC nations and understands respondents’ willingness for business with BRIC nations in 2013.
The survey reflects that both packaging industry buyer and supplier respondents acknowledge ‘India’ and ‘China’ as the key BRIC nations for their current business operations; in addition, respondents expect a positive economic outlook for BRIC in 2013.
- In total, the highest percentage of buyer and supplier respondents state that their companies are currently doing business with ‘India’ and ‘China’ respectively.
- The survey reveals that 86% and 67% of global packaging industry buyer and supplier respondents forecast an increase in business volumes with ‘Brazil’.
- Poor infrastructure’ is highlighted as key barrier for business dealings with ‘India’ in 2013 by global packaging industry buyer and supplier respondents.
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