Freedonia, the international industry research company recently published a new study on the global long-term market trends within plastics industry. The study concludes the flexible packaging is one of the main segments that are going to lead the growth within the plastic industry.

According to the publication, global demand for converted flexible packaging is forecasted to grow 3.5 per cent per year to over 19 million metric tons in 2013. “Factors contributing to rising demand will include growth in food and beverage production, which represents the largest market by far,” says the report. “In addition, cost, performance and source reduction advantages, as well as ongoing developments in high-barrier resins and value-added features, will continue to favour flexible packaging products over their rigid counterpart.”

This is very exciting news in terms of the growth prospect of our customers. We are here to make our clients’ business as best positioned for capitalizing on the growth of the plastic barrier film and food packaging markets as possible.
Learn about the technical details and capabilities of our new cast film line models, our co-ex blown film lines, slitter-rewinders or the bag making machine line.

Our plastic processing equipment, no matter which part of the converting line is concerned, will ensure that you, as our customer, have the technology that enables you able to meet and exceed your business goals.