According to PCI Films Consulting’s latest review of the European marketplace, flexible packaging demand in Poland achieved solid growth of 5 percent during 2014, compared with 1.4 percent for Europe as a whole.
In a new study, PCI Films Consulting analyzed fifteen emerging flexible packaging markets, which currently account for over 20 percent of global demand and concluded that collectively in the last five years they had grown twice as fast as the world average.
The standup pouch market in Central and South America has experienced rapid growth over the past five years, increasing by 50 percent in unit volume terms from almost 5 billion units in 2008 to just over 7 billion units in 2013.
Declining demand in a number of national markets, principally France and Italy, and the continuing lack of significant inflationary pressures, are the main factors behind growth in Europe’s flexible packaging market slowing to 1.3 percent in both value and volume terms in 2013, down from 2.1 percent and 1.8 percent respectively in 2012.
Report estimates current global market demand at around 80 billion units.
June 24, 2014
Over the last few years the standup pouch has emerged as one of the most versatile and rapidly growing flexible packaging formats which is being adopted worldwide for an increasingly wide variety of end-use applications.
The North American and European flexible packaging markets at $20.7 billion and $16.4 billion, respectively, together accounted for almost half of the global consumer flexible packaging market of around $76 billion in 2013.
Demand in North America’s converted flexible packaging market has been underpinned by recovering economies and flexible packaging formats being used as alternatives to traditional rigid packaging
January 8, 2014
The North American converted flexible packaging market accounts for approaching 30 percent of global consumption with an annual spend of $20.7 billion in 2013, reveals a new report from PCI Films Consulting.
Among the articles in the January/February 2020 issue of Flexible Packaging Magazine, read the Executive Forecast for 2020, read about the latest news and product innovations in the flexible packaging industry, hear from some of the industry leaders, and much more!