Growth slows in Europe’s flexible packaging industry

Growth in flexible packaging slowed to 2.1% in 2012, compared to over 5% in 2011. Low demand from food packaging buyers and lower raw material inflationary pressures were the two main contributors slowing Europe’s flexible packaging growth according to PCI’s annual report. PCI predicts a modest increase for 2013. Report author Paul Gaster notes, “While value growth has slowed, European consumption of flexible packaging in volume terms approached 2% in 2012, confirming that flexible packaging continues to perform better than many other industries in the current economic climate”.

The report states that there was modest growth in Europe’s largest market, Germany, with little or no growth in England and France. There were major declines across Southern Europe in Italy, Spain, Greece and Portugal. The markets with the most growth were Turkey, Russia and Poland, which increased in value at more than twice the European average.

PCI’s ‘The European Packaging Market’ has become a valuable tool for business planning. The data is based on original research; there are market analyses and statistics for 2012, estimates for 2013 and forecasts to 2017.

For more information go to

Source: Packaging Europe

‘Reduce’ gains as cost concerns rise

Per the 2013 Packaging Digest Sustainable Packaging Study reduce waste, reduce amount of packaging materials and reduce energy consumption were the main concerns listed by participants. Survey participants also sited cost and performance as challenges they are facing from a sustainable packaging perspective. One participant wrote, “Packaging has become so light weight that it is becoming harder to make further reductions without compromising strength and performance”. 63% of survey participants thought sustainability limits packaging innovation.

To read the article, click this link:

Source: Packaging Digest

Flexible packaging market analysis by end-use with 2018 forecasts

The flexible packaging market is estimated to grow from US$73,825.3 mln in 2012 to US$99,621.9 mln by 2018 with a CAGR of 5.1% from 2013 to 2018, per Asia-Pacific led the global market followed by Europe and North America in terms of revenue in the year 2012. The flexible packaging market is a mature sector that has various stake holders, such as raw material suppliers, processors, packaging manufacturers and end-user industries, such as manufacturers of food, beverage, personal care products and pharmaceuticals. As opportunities to grow in these end-use markets are saturating in developed markets, players are struggling to diversify their product portfolio. The end-use products and their packaging are two interdependent markets. Any shift in one will directly influence the other market. Rise in the consumption of packaged products offers a strong customer base for the global flexible packaging market. Packaging is essential to preserve the quality of the product and it also prevents it from chemical reactions endangering the consumer’s health. Hence, an efficient and suitable packaging is imperative for every product.

Asia-Pacific has the highest market share and is estimated to grow with a CAGR of 7.1% during the period under review. Europe is growing with a CAGR of 3.9%, and is driven mainly by the East European markets. ROW is also expected to experience growth in flexible packaging market in the future. The CAGR for ROW is 6.0% from 2013 to 2018. The four most potential nations for the flexible packaging market are India, China, Russia and Brazil, which are poised to exhibit the fastest growing trend. In the flexible packaging market, pharmaceutical packaging is the fastest growing market with a CAGR of 7.1% during the forecast period. Due to the increased awareness for public health, increasing product processing units, convenience packaging, and rising consumption of generic drugs, the pharmaceutical packaging industry is exhibiting strong gains. Following it, the food packaging is estimated to be the second fastest growing market in 2013, due to the rise in consumption of packaged food. Growing health concerns and knowledge about the nutrition value is driving the market for packed products to preserve the end-products.

Source: The International News Magazine

To read more, click here: