Demand for converted flexible packaging in the US will rise 3.8 percent annually through 2015. Pouches will lead gains based on continued conversions to stand-up pouches and healthy gains for flat pouches, along with lighter weight and reduced material use. Bags will remain the largest segment. Food markets will outpace nonfood uses.
This study analyzes the $15.1 billion US converted flexible packaging industry. It presents historical demand data for the years 2000, 2005 and 2010, and forecasts for 2015 and 2020 by material (e.g., plastic film, paper, aluminum foil), product (e.g., bags, pouches) and packaging market (e.g., meat products, baked goods, snack food, grain mill products, produce, pharmaceuticals, medical products, paper and textile products, agricultural and horticultural products).
The study also considers market environment factors, details industry structure, evaluates company market share and profiles 35 industry players, including Bemis, Printpack and Sealed Air.