Source: 2017 Global Packaging Trends produced by Euromonitor International and PMMI, The Association for Packaging and Processing Technologies.
The improving economies of the Middle East and Africa bode well for packaging growth in those regions, especially flexible plastic packaging for ready-made foods, according to the 2017 Global Packaging Trends report from Euromonitor International and PMMI, The Association for Packaging and Processing Technologies.
The report forecasts a 5.3 percent compound annual growth rate (CAGR) in packaging from 2015 to 2020. While packaging growth is increasing overall, flexible plastic packaging is expected to grow at a 5.7 percent CAGR in the forecast period.
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