Page 4 - FLEXO MARKET NEWS SEPTEMBER 24TH EDITION

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September 24, 2012
Flexo Market News
Leading Cleaning Technology
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A picture is worth 1,000 words.
Paper Packaging Market To Be
Worth $227.9B In 2012, Says Report
The global paper packaging market will reach a
value of $227.9B in 2012, as the increasing relevance
of sustainability galvanizes the global paper packaging
market, according to a new report from Visiongain
called
The Paper Packaging Market 2012-2022
.
The paper packaging market is expected to record
strong, steady growth over the next decade, and this
growth will be driven by the developing markets. De-
clining demand will be evident in the developed mar-
kets, where consolidation will also become a
prominent theme.
The effects of the recession have propelled paper
packaging to the forefront as a packaging solution to
demands such as convenience and affordability,” the
report states.“However the most attractive quality of
paper packaging is its sustainable qualities. The
effects of the recession have made consumers more
financially prudent and this has made consumers
more conscious about the implications of their pack-
aging. This has increased the importance of sustain-
ability as a packaging theme. Consumer s are
demanding products with more sustainable qualities
and manufacturers have utilized sustainability as a
way to meet this demand, as well as gaining from
cost benefits.”