Pira's New Study on the Global Flexible Packaging Market
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The tonnage for the global consumer flexible packaging market is projected at 18.1 million in 2011 and is forecast to reach 22.5 million tonnes by 2016.
Flexible packaging has also benefited from a wider range of new products being developed by brand owners in an increasingly competitive consumer marketplace. Barrier flexible packaging will continue to grow in importance as the major retail chains demand greater product protection and longer shelf life. Pira expects higher-barrier plastics such as BOPET, EVOH, and PA, to show the highest growth rates over the forecast period.
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