FPA Update August 2011: 2011 State of the Flexible Packaging Industry Report
Valued at $25.5 billion in annual sales, the flexible packaging industry represents approximately 19 percent of the $134 billion U.S. packaging industry, and is the second largest packaging segment behind corrugated paper.
Flexible packaging’s versatility, efficiency and cost-effectiveness have contributed to its continued growth. Over the past 10 years, the flexible packaging industry has grown at a compound annual rate of 2.6 percent. This steady growth and expansion has been aided by innovations in technology, consumer convenience, sustainability, and design.
As a definitive source of data and information on the U.S. flexible packaging industry, the 2011 SOI Report is utilized by industry converters, suppliers, investors, and analysts. Data available in the Report is gathered through several industry sources including the FPA members State of the Flexible Packaging Industry Survey and the FPA nonmember Industry Wide Converter Survey.
Additionally, data from the U.S. Census Bureau’s 2009 Annual Survey of Manufacturers, the U.S. Department of Labor, the U.S. Department of Commerce, and investment banking reports, are included in the Report.
The 2011 FPA State of the Flexible Packaging IndustryReport is a benefit of membership and is available inthe Members Only section of the FPA Web site,www.flexpack.org. The Report is also available to FPA nonmembersfor $3,500. For more information, contact BobZaborowski, Director, Business & Economic Research at(410) 694-0800.