Strong demand for Flexible Packaging industry in Europe

Flexible packaging consumption in Europe grew by 2% to around €14 billion in 2017, with about the same growth rates in both Western and Eastern Europe, according to research by PCI Wood Mackenzie. Total annual production exceeded €15bn, of which 75% was accounted for from Western Europe and the remaining 25% from Eastern Europe. This region remains the most significant exporter with approximately 10% of its production consumed outside Europe. Forecasts expect growth to continue, with sales achieving nearly €16 billion in Europe and global consumption reaching US$107 billion by 2022.

Growth of Flexible Packaging Industry

Healthy growth for most of the end user markets, such as coffee, pet food and fresh foods has driven production higher, according to Flexible Packaging Europe (FPE). Smaller households need more single serve options and there is continuing demand for more product varieties from consumers. This supports the general trend from rigid to flexible, which offer greater convenience and fits better into today’s lifestyle needs.

This trend is confirmed by further data measured in units from Euromonitor International. However, this research indicates a stagnation of consumption in confectionery while growth continues in the categories of savoury snacks, cheese, coffee, dry products and pet food.

Market Research for Flexible Packaging

FPE Chairman, Gérard Blatrix, commenting on the market research said, “These figures reveal a strength in depth for European flexible packaging demand and a resilience in core markets. The trend for more convenience and greater variety of formats is clearly being met by innovative flexible packaging styles.

*Source: Flexible Packaging Europe Media Release April 2018