The global flexible plastic packaging market is projected to generate revenues of $172.29 million from 2018-2023 with a steady CAGR of 3.2% during this period, according to a study shared by Frost & Sullivan, San Antonio, Texas.

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Curation Foods Inc., Santa Maria, Calif., introduced Yucatan Guacamole Squeeze, what is said to be a first-of-its-kind packaged guacamole product in a flexible squeeze pouch.

Polykar, Canada, announced plans to construct a new state-of-the-art plant in Edmonton, Alberta, Canada.

The Flexible Packaging Association (FPA), Annapolis, Md., released its “2019 State of the Flexible Packaging Industry Report,” which provides industry converters, suppliers, investors and analysts with insight into the performance (i.e. growth, revenue/volume expectations, profitability and capital spending) of the U.S. flexible packaging industry over the past year.

Cheer Pack North America, West Bridgewater, Mass., launched CHEERShapes, a new line of shaped pouches.

Increasing consumer demands for convenient packages coupled with an industry-wide push for sustainable shelf-ready designs has the global flexible packaging market poised to eclipse the $290 billion mark by 2023, according to “Flexible Packaging Market Assessment,” a report presented by PMMI, The Association for Packaging and Processing Technologies, Reston, Va.

Meat, poultry and seafood were among the largest food market for converted flexible packaging in 2018, accounting for 15% of demand, according to “Converted Flexible Packaging," released by The Freedonia Group, Cleveland, Ohio.