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Where are we heading?
Although the current economic and market conditions are not quite where one would like to see them at this stage of the business cycle, there is a sense of "strong industry optimism for the short and long term," says Donahue. The FPA is expecting annual growth between 5 and 6 percent for both sales revenue and volume. "Market conditions favor flexible packaging because innovation and technology enable it to respond to consumer desires for convenience and product safety," she notes.
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