Global Flexible (Converted) Plastic Packaging will be a $137Bn Market in 2012

Tuesday 20 November 2012, Amsterdam

Analysis indicates that the global flexible (converted) plastic packaging market will reach a value of $137bn in 2012, as the trend of convenience and low cost drives the global flexible (converted) plastic packaging market.

The flexible (converted) plastic packaging market will record strong growth over the next decade, with a significant portion of the growth derived from the emerging markets. This will be, in part, due to rising disposable incomes as a consequence of stronger economic growth. Multinationals in the developed markets are expected to shift their strategies to the high growth developing markets, and the developed markets will be characterised by consolidation.

The author of The Flexible (Converted) Plastic Packaging Market 2012-2022 report commented that ‘Globally, consumers are demanding convenience when making purchasing decisions and the versatility of flexible (converted) plastic packaging has provided a way to satisfy this demand. On the other hand, the developed nations will be characterised by declining demand and this will be, in part, due to the devastating effects of the recession. Consumers have lower disposable incomes and overall packaging demand is expected to decline. With that said, the decline in packaging demand in flexible (converted) plastic packaging will not be as significant as in some of the other materials, such as glass, as flexible (converted) plastic packaging is perceived as more cost effective.’

The 172 page report contains 163 tables, charts and graphs that add visual analysis in order to explain developing trends within the flexible (converted) plastic packaging market. This report provides forecasts for the global flexible (converted) plastic packaging market over 2012-2022. 6 submarkets are analysed and forecasted and these include food, beverage, health care, personal care, other consumer, and industrial. In addition, 20 leading national flexible (converted) plastic packaging markets are forecast and analysed over the period 2012-2022. The report also provides an exclusive interview with Thermo Fisher and provides profiles of 20 leading companies operating within the market.

The Flexible (Converted) Plastic Packaging Market 2012-2022 report will be of value to current and future potential investors into the flexible (converted) plastic packaging industry, as well as companies and research centres who wish to broaden their knowledge of the flexible (converted) plastic packaging market.