A recent study from Markets and Markets states that the stretchable film and flexible packaging is one of the most dynamic and diversified industry on the market today. It also confirms that this trend will keep growing.
The greatest consumers of stretchable films are the Fodd and Beverage business, followed by cosmetics companies and pharmaceutical industries. Geographically, the major consumers are China and India (APAC Graph). However, in some countries, the use of the performance films is taking over.
The study states that, in 2012, the stretchable film and flexible industries have reached a 112 billion dollar mark, forecasting a 4,4 % increase for the time period 2013/2018.
Source: www.marketsandmarkets.com