State of the Industry-Flexible Packaging

FLEXIBLE PACKAGING CONTINUES to be an area for growth opportunities in the package printing industry, even in an economic recovery that is spotty at best. Several market drivers for this growth potential were identified in a study done in 2002 by The Freedonia Group titled, "World Converted Flexible Packaging." These drivers include: the expansion of end-use markets such as snack foods, pet and prepared foods, and pharmaceuticals; the continuing trend for conversion of rigid packaging to new flexible packaging alternatives; the need to reduce packaging costs and volume; and the increased use of stand-up pouches and liquid flexible packaging.