FPA publishes 2014 State of the Flexible Packaging Industry Report
U.S. flexible packaging industry continues to experience positive and steady growth
The Flexible Packaging Association (FPA, flexpack.org) 2014 State of the Flexible Packaging Industry Report provides industry converters, suppliers, investors and analysts with insight into the performance (growth, revenue/volume expectations, profitability, capital spending) of the U.S. flexible packaging industry over the past year. This definitive source of data and information also examines several other aspects of the U.S. flexible packaging industry including:
- Materials and processes (printing, expected material usage)
- End-uses (end-use segments, including both food and non-food)
- Structure and consolidation (merger and acquisition activity)
- Imports and exports
- Industry issues, challenges, and vision
Data available in the report is gathered through several industry sources including the FPA members, the State of the Flexible Packaging Industry Survey, the FPA non-members Industry-Wide Converter Survey, the U.S. Census Bureau’s latest Annual Survey of Manufactures, the FPA long-term historical model of flexible packaging industry growth.
In 2013, the U.S. flexible packaging industry grew 2.8 percent to $27.2 billion in annual sales and the 2014 forecasted growth is 3.8% to $28.2 billion. The flexible packaging industry continues as one of the fastest growing packaging segments in the U.S.