Thedrivers of a thriving flexible packaging industry

Flexible packaging undoubtedly is a dynamic and innovative packaging format. A recent report by Transparency Market Research has predicted the growth of this sector globally to be around 5% (CAGR) from 2016-2024, while the projected growth in the emerging markets of Asia like Indiawill be in the bracket of 15 – 20%.

In the present day and age flexible packaging is a big hit in the food, personal care and pharmaceutical industries. Food packaging among the FMCG sector is the largest end use segment in terms of both value and volume. The growing population and the concomitant demand for fresh and frozen foods, beverages, personal care products and pharmaceuticals are some of the factors responsible for the rising demand for flexible packaging. Backed by investments in technology, equipment and R&D, the flexible

Vimlesh Rai is researcher in flexible packaging solutions and having more than 5 years of experience in same filed.