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 the last five years, the compound annual growth rate in global consumption of bi-oriented polypropylene films has averaged 6.2 percent, almost twice average global GDP growth.

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.

A newly revamped website has been launched by flexible packaging and plastic film consultants, PCI Films Consulting.

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.

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.

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.