Transitions from Rigid Packaging & Use of High-Value Products Drive Gains for Converted Flexible Packaging
US demand for converted flexible packaging is expected to rise 3.2% per year to $21.7 billion in 2021. Increases will be based on sustained demand for flexible packaging that can replace traditional rigid formats and provide improved source reduction, storage efficiency, and marketability. Additionally, use of high-performance materials and convenience features will aid gains in volume terms as these additions make flexible formats more competitive with rigid packages in more demanding applications.