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FPA publishes 2016 State of the Flexible Packaging Industry Report

U.S. flexible packaging industry continues to experience positive and steady growth. New infographic highlights benefits of flexible packaging to brand owners.

FPA Publishes 2016 State of the Flexible Packaging Industry Report
FPA Publishes 2016 State of the Flexible Packaging Industry Report

Easy opening, the ability to reseal, and easy storing make flexible packaging appealing to consumers. No surprise then the flexible packaging industry continues as one of the fastest-growing packaging segments in the U.S.

The Flexible Packaging Assn.’s newly issued 2016 State of the U.S. 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.

For 2014-2015, FPA estimated an annual growth rate of 2.2% to $31 billion in annual sales and a 2016 forecasted growth of 2.1% to $31.6 billion.

The report also examines several other aspects of the U.S. flexible packaging industry including the following:

• 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

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