Global flexible packaging market to 2020

18 August 2015

Global demand for flexible packaging is projected to reach $210 billion in 2015 according to a new market report by Smithers Pira. The market is forecast to grow at an annual average rate of 3% reaching $248 billion in 2020.
The global consumer flexible packaging market value is estimated at $91.7 billion for 2015 and is forecast to grow at an annual average rate of 4.4% during the period 2015–20 to reach $114 billion. Food is projected to account for almost three-quarters of global consumer flexible and forecasts packaging consumption in 2015. It was the fastest growing end-use sector with beverages and pharmaceuticals following close behind (News Item Smithers Pira, 30 July 2015).
Click here for the news item.
Click here for more information about the report.
Click here for more information about the online NVC E-Workshop Flexible Plastic Packaging.

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