September 21 Print Innovation Asia

Page 42

Printing Innovation Asia Issue 9 2021

42

Used in the food, healthcare and cosmetics markets, flexible packaging is a major part of a global packaging market valued somewhere between $120bn to $160bn depending on the research source. Size estimates vary, but all agree that steady growth is expected. In 2018 the Flexible Packaging Association reported that flexible packaging was the second largest packaging segment in the U.S. garnering about 19% share of all packaging with sales of $31 bn. In 2020, market share remained consistent, but sales grew by about 12% reaching $34.8 bn for the year. Growth continues despite environmental concerns and regulation. Flex pack containers are made using a variety of substrates consisting of paper, plastic, aluminum foil, coated paper, film, or a combination of these materials. Environmental sustainability concerns are often raised due to plastic use in flexible packaging. The EU introduced initiatives to reduce the use of plastics and other countries and organizations are becoming wary as well. Compound materials can reduce the amount of plastic, but still might need some as barrier material. This environmental pressure will give rise to new substrates that avoid plastic altogether or minimize the use. However, environmental concerns should be viewed in the context that

flexible packaging uses notably less plastic than a rigid plastic container alternative. The trend toward shorter runs and more just-in-time or on-demand production is also driving growth. The desire to order on short notice and often to deliver direct to the consumer during the Corona virus pandemic has dramatically shifted packaging volumes and workflow. Manufacturers find their markets less predictable and need to react quicker.

Afinia FP-230, a desktop press for flexible packaging with a maximum media width of 230mm, using Memjet’s VersaPass® DN ink technology

With shifting consumer buying habits, commercial buyers want to keep less stock. Accelerated improvements in the package design and ordering workflow have facilitated a more agile market. Web2Print shops make ordering packaging more efficient for short runs and enable even small companies to have their own packaging professionally printed. What drives the choice of print process used in flexible packaging? Most flexible packaging is produced


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Articles inside

News from around the world

12min
pages 52-60

Cadbury Dairy Milk blocks' transition to r ecycled packaging

2min
pages 50-51

Switches offset work to digital

3min
pages 48-49

Inkjet, the way into flexabile packaging

6min
pages 42-45

Digital print in packaging set to grow in demand to 2026

4min
pages 38-41

Create a well-known brand and be a

2min
pages 30-31

Innovation essential for future print equipment as Covid cuts worldwide sales by $4.0 billion

3min
pages 36-37

Omnicell increases pharmaceutical blister packaging production

2min
pages 34-35

Ye Sung installs Koenig & Bauer folder gluer

2min
pages 32-33

The perfect miX for the packaging industry

5min
pages 28-29

Move from 40-inch to 37-inch: the right decision

5min
pages 24-27

EFI unveils new 5-metre VUTEk Q5r in Shanghai

2min
pages 20-21

Official distributor of Aleyant Pressero and eDocBuilder in Asia Pacific

2min
pages 18-19

Panda Game Manufacturing to produce high-quality board games

1min
pages 22-23

Cooking up a storm with cookbooks and print

5min
pages 14-17

The iGen4 was like an old muscle car, while the Iridesse is like a new sports car.

8min
pages 10-13

Cimpress invests in growing online printing industry

1min
pages 8-9

Global digital printing market to reach $35.71 billion by 2028 at 3.7% CAGR

4min
pages 4-5

Why digital printing alone is not enough

2min
pages 6-7
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