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FLEXO Magazine : February 2014
www.flexowashus.com firstname.lastname@example.org 888.493.5396 A Picture Is Worth A Thousand Words. Always guaranteed or your money back. it’s the FlexoWash promise. Our Clean Their Clean down cost and new package types act as an important driver. This global packaging market value was $73.8 billion in 2012 and is projected to reach $99.6 billion by 2018, growing at a CAGR of 5.1 percent through that period. The end use sectors are exhibiting buoyant growth driven by population booms and rising disposable incomes. The food segment, in value and volume, dominated the global market. The global flexible packaging market is largely driven by the growth in its end use industries. Consumers’ push for convenient packaging is increasing demand for pouch- es, sachets, bags and other types of flexible packaging. These pack types—with varying sizes and innovative closures—are expected to gain momentum in the near future. n About the Author: Markets and Markets is a global market research and consulting company based in Dallas, TX . The company serves as business intelligence partner and specializes in market research and management consulting, market research forecasts, market research reports, busi- ness intelligence, strategically analyzed reports, syndicated research report and custom research services. www.marketsandmarkets.com www.flexography.org FEBRUARY 2014 FLEXO 21 Figure 1: Flexible Packaging Market Revenue, by Material, 2012 & 2018 (in millions of dollars) Source: Markets & Markets Analysis