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Steady growth forecast for U.S. flexible packaging

Flexible Packaging Assn. envisions 2014 growth of 3.8% to $28.2 billion, making it one of the fastest-growing packaging segments in the U.S.
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FILED IN:  Package Type  > Bags/pouches
     

The Flexible Packaging Assn.’s (FPA) “2014 State of the Flexible Packaging Industry Report” provides industry converters, suppliers, investors, and analysts with insight into the performance (growth, revenue/volume expectations, profitability, capital spending) of the U.S. flexible packaging industry over the past year.

This definitive source of data and information also examines several other aspects of the U.S. flexible packaging industry, including:

• Materials and processes (printing, expected material usage)

• End-uses (end-use segments, including both food and non-food)

• Structure and consolidation (merger and acquisition activity)

• Imports and exports

• Industry issues, challenges, and vision

Data available in the Report is gathered through several industry sources including FPA members, the State of the Flexible Packaging Industry Survey, the FPA non-members Industry-Wide Converter Survey, the U.S. Census Bureau’s latest Annual Survey of Manufactures, and the FPA long-term historical model of flexible packaging industry growth.

In 2013, the U.S. flexible packaging industry grew 2.8% to $27.2 billion in annual sales and the 2014 forecasted growth is 3.8% to $28.2 billion. The flexible packaging industry continues as one of the fastest-growing packaging segments in the U.S.

The 2014 FPA State of the U.S. Flexible Packaging Industry Report is a benefit of FPA membership and is available in the Members Only section of www.flexpack.org. A printed copy of the Report is available to non-members of FPA for $3,500. For more information, visit that Website or contact Bob Zaborowski, Director, Business and Economic Research, [email protected], (410) 694-0800.

FPA is the U.S. association of the manufacturers of flexible packaging; and, material or equipment suppliers to the industry. Flexible packaging is produced from paper, plastic, film, aluminum foil, or any combination of those materials, and includes bags, pouches, labels, liners, wraps, rollstock, and other flexible products.

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We are a manufacturer and converter of flexible packaging products and have been seeing the trends and growth as detailed in this report. Than Nguyen http://www.protectivepackaging.net/military-packaging

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