Flexible packaging and PET bottles drive growth for package types around the world
Flexible packaging will grow due to affordability and its being light weight, especially in packaged foods like confectionery and dried fruit snacks, according to a new study from PMMI Business Intelligence.
PET containers ride the wave of bottled water, the single largest growth category globally. In the U.S. and Western Europe, bottled water remains a convenience or a healthy alternative to sugar drinks, but in many parts of the world, problems with local water supply will drive growth.
Euromonitor compiles data points and qualitative analysis for 80 countries. Markets include Beauty and Personal Care, Beverages, Dog and Cat Food, Home Care and Packaged Food. Both primary and secondary retail packages are studied, including internet sales.