The total global flexible packaging market is estimated to be $86 billion, an increase of 2.5% from 2015, according to Jan Homan, Chairman, Flexible Packaging Europe & Member, Supervisory Board, Constantia Flexibles. Homan recently spoke at the FPA 2017 Annual Meeting.
Homan expects higher growth (2.2%) in Central and Eastern Europe with consumption worth 2.8 billion Euros. Trading conditions with Russia are still difficult, but due to significant progress with import substitution, flexible packaging production has increased. Poland continues to grow as a flexible packaging producer, around 4% in 2016. Exports from Eastern Europe are also increasing.