Global growth in packaging in 2016

29 August 2017

According to research by Euromonitor, 2016 proved to be a year of growth for consumer packaging industry, 1.9% growth in 2016 bringing global retail demand for consumer packaging to 3.4 trillion packs.
Flexible plastic, PET bottles and glass bottles are the pack types most sold; together these three pack types dominate accounting for 52% of all sales in 2016.
Looking at key industries, demand remains greatest within foods, set to reach 2 trillion packs in 2017. For foods, it’s the flexible plastic substrate that is king. Greater choice in pack sizes, with sale of smaller sizes in particular, is adding to packaging growth (News Item Euromonitor, 25 July 2017).
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