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Total volume consumption will rise at a greater rate of 4.0% year-on-year from 29.9 million tons to 36.4 million tons by 2024.
June 24, 2019
By: DAVID SAVASTANO
Editor, Ink World Magazine
New research from Smithers Pira, “The Future of Flexible Packaging to 2024,” charts how total sales for flexible packaging worldwide will reach $228 billion in 2019 and grow at an annual average rate of 3.3% reaching $269 billion in 2024. Total volume consumption will rise at a greater rate of 4.0% year-on-year from 29.9 million tons to 36.4 million tons across the same period. Flexible formats will continue to innovate across the forecast period and will successively penetrate n...
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