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Meat, Poultry & Seafood Converted Flexible Packaging to Grow 3.4% Annually Through 2026

by Corinne Gangloff

December 9, 2022

Cleveland OH, December 9, 2022 – According to the new Freedonia study Converted Flexible Packaging demand for converted flexible packaging used with meat, poultry, and seafood is projected to increase 3.4% annually to $5.4 billion in 2026, boosted by:

  • the use of higher value packaging products to increase:
    • the shelf life of fresh and minimally processed products
    • product differentiation with better, more eye-catching graphics and labels with added product information
    • user friendliness in terms of preparation, resealability, and storage
  • the growing presence of convenience products, such as those that are prepared, individually wrapped, or amenable to on-the-go consumption
  • performance improvements such as films that withstand the high temperature retort process
  • the growing popularity of case-ready packaging, which typically uses more costly barrier films

Bags and wrap will remain a significant portion of demand due to their low cost, but they continue to face competition from higher value packaging with improved performance features and aesthetic appeal. Pouches in particular compete with these products.

About the Freedonia Group - The Freedonia Group, a division of MarketResearch.com, is the premier international industrial research company, providing our clients with product analyses, market forecasts, industry trends, and market share information. From one-person consulting firms to global conglomerates, our analysts provide companies with unbiased, reliable industry market research and analysis to help them make important business decisions. With over 100 studies published annually, we support over 90% of the industrial Fortune 500 companies. Find off-the-shelf studies at https://www.freedoniagroup.com/ or contact us for custom research: +1 440.842.2400.

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