According to the report, growth of the US flexible packaging industry has been steady over the past 10 years with a compound annual growth rate (CAGR) of 1.9% and a 2016 annual growth rate of 2.4%. FPA estimates that the industry will increase to $31 billion in 2017.
The FPA 2017 State of the U.S. Flexible Packaging Industry Report is a benefit of FPA membership and is available in the Members Only section of www.flexpack.org. The report is available to non-members of FPA for $3,500.