Key Flexible Packaging Issues Discussed at Global Pouch West
The second-annual Global Pouch West features speakers from the food and beverage, design, contract packaging, environmental and material supply industries.
While the U.S. flexible packaging industry has been growing at about 4 percent a year for the past decade, there is still plenty of opportunity. Despite the proliferation of pouches and bags for everything from lettuce to Legos, industry observers forecast even faster growth in flexible.
According to a survey released in September by PMMI, the Association for Packaging and Processing Technologies, 33 percent of companies queried planned to move from rigid to flexible in the next year. The group predicts the U.S. flexible packaging industry (industrial and consumer) will be $32.7 billion this year, a 5.3 percent increase from 2014.