Global flexible packaging market set for rapid growth

Food is projected to account for almost three-quarters of global consumer flexible packaging consumption in 2015, with meat, fish, and poultry accounting for the largest usage food sector.

Global demand for flexible packaging is projected to reach $210 billion in 2015, and forecast to grow at an annual average rate of 3% reaching $248 billion in 2020, according to a new market report, “The Future of Global Flexible Packaging to 2020,” from Smithers Pira. 

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