Overall U.S. demand for flexible bulk packaging, which includes shipping sacks, film wrap, strapping and various types of liners, will climb 3.4 percent per year through 2009, projects The Freedonia Group, Inc., a Cleveland-based industrial market research firm. Overall market advances will benefit from healthy outlooks for both the manufacturing and retail industries. Looking at the most recent five-year period, demand for film wrap grew 9.6 percent per year from 1999 to 2004. Over the same period, demand for drum, box and bin liners grew by 7.0 percent annually. Contact The Freedonia Group for a copy of the report, Flexible Bulk Packaging.
U.S. Flexible Bulk Packaging Market | ||
$, millions | Annual Growth 1999-2004, percent | |
Shipping Sacks | $2,330 | 0.3 |
Film Wrap | $1,805 | 9.6 |
Strapping | $745 | 3.8 |
Drum, Box & Bin Liners | $675 | 7.0 |
Flexible Intermediate Bulk Containers | $255 | 6.6 |
Other | $120 | 1.8 |
Source: The Freedonia Group, Inc. |