Double E Company Purchases Appleton Mfg. Division Double E Company, West Bridgewater, Massachu- setts, recently purchased Appleton Mfg. Division. Headquartered in Neenah, Wisconsin, Appleton Mfg. Division joins Epoch Rollers and Double E Europe (STCMi), under the Incline Equity Partners owned, Double E Company LLC group. Flexible Packaging Market To Reach $125 Billion The f lexible packaging market will be worth $125.66 billion by 2021, up from $97.97 billion in 2016, growing at a CAGR of 5.11 percent, according to a new report from MarketsandMarkets. This growth is due to the increasing demand from various end user industries such as food & beverages, healthcare, cosmetics & toiletries, and others (oil & lu- bricants, household products, agricultural products, and sporting goods). Factors such as growing con- sumer preferences towards convenient packaging, ease of use, and its lightweight characteristic is driving the demand for flexible packaging, said the report. The stand-up pouches segment is estimated to ac- count for the largest share in 2021, mainly because of growing consumption of food & beverage, dairy, and cosmetics products. The growing healthcare industry also provides an opportunity to the market to grow further due to the rising consumption of over-the-counter products for which stand-up pouches are used, especially in the emerging markets of Asia-Pacific and Latin America. The Asia-Pacific region accounted for the largest share among all the regions in 2015 in the flexible packaging market and is projected to grow at the highest rate from 2016 to 2021, in terms of value. This is mainly due to the increasing demand for flexible packaging in China and India, coupled with the growing food & beverage industry in these coun- tries. Owing to the increasing disposable incomes, the urbanized population is shifting towards pack- aged foods which are healthy and safe. Roll-To-Roll Printing Market Worth $35.79 Billion By 2022 The roll-to-roll printing market for flexible devices is expected to grow from $16.31 billion in 2015 to reach $35.79 billion by 2022, at a Compound Annual Growth Rate of 11.04 percent between 2016 and 2022, accord- ing to a new report from MarketsandMarkets.
6 August 22, 2016 Flexo Market News
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