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Flexible Packaging

Flexible Packaging Newsletter - Q4 2020

Flexible Packaging Trends

The flexible packaging industry proved resilient during Q4 2020, driven by continued strong performance in food & beverage, pharmaceutical, medical, and other consumer product markets throughout the COVID-19 pandemic. E-commerce, which often requires additional packaging materials compared to brick-and-mortar retail, also saw substantial growth throughout 2020, peaking during the holiday season. Additionally, flexible packaging continued to play an instrumental role in product sterility and shelf-stability, both trends that were exacerbated significantly by the pandemic. Overall, the flexible packaging sector has demonstrated its resiliency through the tumultuous year that was 2020 and enters 2021 better-positioned for growth and continued innovation compared to many other sectors that are still grappling with the uncertainty caused by COVID-19 and its related fallout.

As charted below, TKO Miller’s Proprietary Flexible Packaging Index has continued to perform in line with the S&P 500 Index during Q4. Looking back further, over the last six months, the Flexible Packaging Index out-performed the S&P by 4.08%, as the two indexes grew 24.63% and 20.55%, respectively, during the period.

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Joe Froehlich
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on Jan 18, 2021 1:23:24 PM
   
Flexible Packaging Newsletter - Q4 2020

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