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Flexible Packaging Market to Reach $248bn by 2020

Flexible Packaging Market to Reach $248bn by 2020

The global market for flexible packaging is forecast to grow at an average rate of 3.4 percent annually over the next five years and reach $248 billion by 2020, according to a new report from Smithers Pira, The Future of Global Flexible Packaging to 2020. Four key trends are driving … Read more »

PET Market to be Worth $60 Billion by 2019

PET Market to be Worth $60 Billion by 2019

The global PET packaging market will have grown substantially by 2019, but some manufacturers believe opportunities for lightweighting may have been all but exhausted, according to a report by Smithers Pira. The market will amount to 19.9 million tons and be worth $60 billion by 2019, up from just under 16 … Read more »

Intelligent Packaging and Recyclability Disruptive Technologies in Flexible Packaging

The top disruptive technologies in flexible packaging are forecast to be intelligent packaging and recyclability, according to a new market report by Smithers Pira. Ten-Year Forecast of Disruptive Technologies in Flexible Packaging assesses the trends impacting the flexible packaging industry over the next 10 years to 2023. Because of growing … Read more »

recyclable package

Sustainable Packing ‘Essential Part of Business’

Sustainability is not an optional add-on, but rather an essential part of business for the packaging industry, Food Production Daily reports. In a column for the industry publication, Sam Shepherd-Fidler, Smithers Pira operations director of distribution and product testing, highlights five consumer trends shaking up the packaging industry. Sustainability, he … Read more »