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As consumer demand for foods in portable containers continues to grow, many bakers and snack producers are gravitating toward reclosable product packaging.
Demand for converted flexible packaging in the U.S. is projected to grow 3% annually, to $18.8 billion in 2017. The market for converted flexible packaging will benefit from the inherent advantages of lightweight bags and pouches and the convenience they offer. Further market penetration will be influenced by features dedicated to enhancing the consumer experience, leading to higher retail volumes, says a new study.