Having weathered the worst aspects of the global economic downturn a number of emerging markets now account for a fifth of the world’s demand for flexible packaging. A new study by PCI Films Consulting has identified 13 countries which have grown by almost 70% in the past six years and whose flexible packaging markets are now valued $14bn (£9bn). The markets identified are Brazil, India, Indonesia, Mexico, Nigeria, Poland, Russia, Saudi Arabia, South Africa, Thailand, Turkey, UAE and Vietnam. Demand growth has averaged out at almost 11% per annum since 2006, led chiefly by Brazil, India, Indonesia and Russia. Only three of the 13 states posted overall growth of less than 30% between 2006 and 2011, the report found.