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The 4 trends driving the flexible packaging market

The global market for flexible packaging is forecast to grow at an annual average rate of 3.4 percent over the next five years, and is expected to reach $248 billion by 2020. This dynamic packaging sector offers huge potential for technology suppliers, packaging converters and brand owners. Flexible packaging is the most economical method to package, preserve and distribute food, beverages, other consumables, pharmaceuticals and other products that need extended shelf life. It can be designed with barrier properties tailored to fit the products being packaged and their end uses, whereas other barrier packaging formats generally provide a one-size-fits-all approach. Flexible packaging can be made in a wide variety of innovative shapes, sizes and appearances, and can include components such as handles, and opening and reclosing features such as zips and spouts. Click here to read... read more

World demand for cups & lids to exceed $30 billion in 2019

Global demand for cups and lids is projected to increase 5.2% per year to $30.2 billion in 2019. Demand is determined primarily by the size of the quick service restaurant (QSR) market and the production of packaged processed foods. As a result, the US has historically held a significant share of the global total. However, going forward, the Asia/Pacific region will offer one of the fastest rates of growth due to continued gains in developing markets such as China and India. Click here to read... read more

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About Wetoska

Wetoska Packaging has been providing expert food packaging solutions for six decades. Located in Elk Grove Village, Illinois, we offer our customers optimal packaging programs, cutting edge technology and unparalleled service.
As a family-owned and operated business, we take pride in working with our customers to meet the unique needs of their individual businesses.