The US flexible food packaging market is expected to hit $12.9bn in 2015 despite renewed sustainability commitments in the sector, according to a report into converted flexible packaging growth.
The strengthening US economy will drive demand for converted flexible packaging to top $18bn within four years, according to the latest study by market research organization, Reportlinker.com.
Global demand for converted flexible packaging is forecast to grow by 3.5 per cent/year to more than 19m tonnes in 2013, according to a new study from Freedonia.