The global flexible packaging market enjoyed another strong year in 2014, with revenue growth rates significantly higher than many countries’ gross domestic product. The sales growth rates for value-added flexible packaging were even higher, with some estimates as high as 7 percent.
One of the fastest-growing segments of flexible packaging is the pouch, a nearly $8 billion business in the U.S. that is growing at a rate of 4.6 percent a year, according to market researcher Freedonia Group. Overall, there are expected to be 92 billion pouches produced by 2018.