A new report from Smithers Pira, The Future of Flexible Packaging to 2024, outlines how global urbanization, sustainability and e-commerce have increased the demand for flexible packaging.
Urbanization
Over the last 10 years, flexible packaging has taken off, doubling in size to $228 billion in 2019, and is forecast to continue growing by an annual rate of 3.3%, reaching $269 billion in 2024.
A new report from Smithers Pira, The Future of Flexible Packaging to 2024, outlines how global urbanization, sustainability and e-commerce have increased the demand for flexible packaging.
Urbanization

