[Jiuzhi Plastics News] At present, the global consumer market will maintain an accelerated growth in demand for the flexible packaging market, and the demand for developing countries will continue to expand. As the country with the largest consumption of flexible packaging, China's market consumption reached 6.07 million tons in 2015.
It is estimated that in the next five years, the demand for flexible packaging will increase to 248 billion US dollars at an average annual rate of 3%, consumption will increase to 31.7 million tons at an average annual rate of 3.8%, and the market value will be 4.4% annual growth rate. Increased to $114 billion.
It is understood that nearly 75% of the world's flexible packaging products are used for food packaging this year, of which meat, fish and poultry are the most used food categories, followed by confectionery and baked goods. From 2010 to 2015, the consumption of soft food packaging increased at an average annual rate of 4.0%, followed by beverage and drug consumption growth. Due to consumer demand for convenient packaging and sustainable packaging, flexible packaging has been one of the fastest growing categories in the packaging market over the past 10 years. According to estimates by the Smithers Peel Institute, the global demand for flexible packaging this year is $210 billion, with consumption of 26.2 million tons and market value of $91.7 billion.
Jiuzhi Plastics Network
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