Growth In Flexible Packaging Continues To Drive Adhesive Advancements
Today, 25% of all consumer goods are contained in flexible-packaging materials, which are replacing traditional folding cartons, boxes and fiberboard cases and trays. In fact, the flexible-packaging market is the only packaging segment still exhibiting rapid growth – outpacing the annual growth rate of other types of rigid packaging. The Flexible Packaging Association forecasts a 4% to 5% growth rate through this year.
In addition, governmental regulatory concerns over the impact of solvated technologies on the environment have driven laminating-converter demands for waterborne or solvent-free alternatives in flexible packaging.