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FPA Releases 2017 Flexible Packaging Industry-Wide Converter Information Report

The Report includes the results from the composite data of both member and non-member surveys. FPA estimates indicate that current annual sales of flexible packaging are approximately $30.2 billion. The data covers flexible packaging end-uses and packaging structures as a percentage of sales, and both short and long term expectations for growth, with an annual growth rate of about 2.4% for 2016. Of the $30.2 billion, FPA estimates that $23.5 billion is ‘value-added’ packaging and $6.7 billion is retail poly bags; consumer trash, storage bags, and wraps; and other poly bags and wraps. There are around 79,000 people employed in the industry, which includes approximately 419 companies. To download a copy of the Report, please click here.

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