Pira's New Study on the Global Flexible Packaging Market

LEATHERHEAD, UK—The global consumer flexible packaging market is worth $58.3 billion in 2011 and is forecast to grow at a CAGR of 4.1 percent to reach $71.3 billion by 2016, according to the latest research from Pira International.

A new study from Pira, “The Future of Global Flexible Packaging to 2016,” shows how flexible packaging market growth has been driven by the replacement of traditional pack types such as metal cans, glass and plastic bottles, and liquid cartons across a wide range of end-use sectors.