top of page
LPS Industries Logo
  • LPS Industries

Increase In U.S. Life Expectancy Generates Growing Demand For Flexible Packaging

If there was ever any doubt that the senior sector of Americans will drive the need for services and goods, including those in flexible packaging, here are some important facts that will put those doubts to rest. Older citizens, including those age 65 and over, constitute one of the fastest growing segments of the population. According to the U.S. Administration on Aging, this portion of the population numbered 44.7 million in 2013 – an increase of 8.8 million or 24.7% since 2003. Upon reaching 65, they will have an average life expectancy of an additional 19.3 years – 20.5 years for females and 17.9 years for males.