Asia flexible packaging: 5 pandemic trends and their persistence Report

Insight 14 January 2022

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Report summary

This report examines five pandemic trends affecting Asia's flexible packaging market and their persistence. It initially discusses volume, value and pricing growth. Aggregate regional volume growth has been broadly normal over the pandemic. Conversely, Asian market value growth has been volatile, driven largely by pricing dynamics. The penetration of sustainable packaging clouds future growth. Are we heading for regional growth convergence? The report then assesses volume growth in more detail. While overall regional volume growth has been unremarkable, this disguises substantial variation by country and end-use market. We put the spotlight on some of the winners and losers. The report concludes by giving a view on which trends will persist as others wane.