The packaging market claims that the world’s flexible packaging is likely to reach a value of about $56 billion by 2010. Asia Pacific is forecast to be the leader in the game, with the expected growth rate in India and China estimated to be three times more than the global average.
The end products packaged primarily are confectionery, snack foods, and frozen foods. The rapid population growth and expanding food processing industries only ascertain a dynamic growth for this segment in packaging.
With a notable change in trend from rigid to flexible packaging in the recent past, this concept of using pliant materials such as foils, films, and paper for packaging is definitely here to stay.
Read up on more packaging information in the next issue of Packaging IDeaS.
Editor
Industry IDS
Please send in your feedback to editor@industryids.com
To exhibit on IDS Packaging
e-mail:
david.steele@industryids.com Tel: +1-866-350-1938
Fax: +1-312-893-2114
