05.20.19
Fitments to attach a spray trigger on cleaning chemicals in pouches is the latest wave to hit the packaging sector, says a new report from The Freedonia Group. In fact, demand for pouches is expected to grow 3.7% per year to $10.6 billion by 2023. Pouch design continues to evolve and now is expanding to include convenience-focused closure and fitment innovations that were once only available on rigid packaging.
Features offering convenience—such as resealability, spouts, and stick packs—will see the fastest growth in their integration. Features primarily for functionality or aesthetics will see a more moderate rate of uptake.
Demand for all types of converted flexible packaging is forecast to increase 2.9% annually to $22.8 billion in 2023.
More info: https://www.freedoniagroup.com/industry-study/converted-flexible-packaging-3731.htm
Features offering convenience—such as resealability, spouts, and stick packs—will see the fastest growth in their integration. Features primarily for functionality or aesthetics will see a more moderate rate of uptake.
Demand for all types of converted flexible packaging is forecast to increase 2.9% annually to $22.8 billion in 2023.
More info: https://www.freedoniagroup.com/industry-study/converted-flexible-packaging-3731.htm