A new study by PCI Films Consulting says 15 emerging flexible packaging markets currently account for more than 20% of global demand, having grown twice as fast as the world average collectively in the last five years.
PCI's report, Opportunities in Emerging Flexible Packaging Markets to 2019, is an in-depth analysis of the flexible packaging markets in Poland, Russia, Turkey, Argentina, Brazil, Chile, Colombia, India, Indonesia, Kazakhstan, Myanmar, Pakistan, Thailand, Vietnam, and Nigeria. Each country profile gives details on substrate suppliers, converters, investors and purchasers with exceptional insights into these increasingly important markets.
One of the key findings is that although a number of these emerging markets, especially Russia and Brazil, have recently been adversely affected by falling commodity prices and a slowing global economy, overall flexible packaging demand is still growing by nearly 10% per annum over the past five years. This is double the rate of the global flexible packaging market as a whole.
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