World market for bulk packaging
According to new Freedonia report, the world demand for bulk packaging will approach $60 billion in 2018. Following a slowdown in manufacturing activity that included declines in many major markets (including Western Europe and Japan), accelerating growth in manufacturing output worldwide will boost the requirements for both rigid and flexible bulk packaging.
Flexible bulk packaging is projected to register somewhat faster growth than its rigid counterparts. Gains will be led by film wrap and flexible intermediate bulk containers (FIBCs). Film wrap will benefit from growing use to secure palletized products, and from increased use in such environments as warehouse-style retailers.
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