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FLEXO Magazine : April 2014
INDUSTRY INDICATORS Boomin’ Boxes Corrugated Packaging Demand to Hit $176 Billion by 2019 In 2013, the global corrugated market was worth more than $140 billion and amounted to some 90 million metric tons of finished product. By the end of 2019 after riding a 4 percent annual growth rate, both of those numbers will have risen, to $176 billion and 115 million metric tons, respectively, according to a new market report from Smithers Pira. The Future of Corrugated Board Packaging to 2019 gives an overview of the state of the corrugated board industry at the SECTORS TO WATCH • Fresh produce • Electrical goods • Food packaging • Smartphones 12 FLEXO APRIL 2014 www.flexography.org PRESSING ISSUES