Press release
In 2023 Flexible Packaging Market Worth 243.7 Billion USD Key heads Amcor Limited (Australia), Berry Plastics Inc. (U.S.), Constantia Flexibles Group GmbH (Austria), Bemis Company, Inc. (U.S.), Sonoco Products Company (U.S.), Mondi Group (Austria), Reynol
Key study report @ https://www.meticulousresearch.com/request-sample-report/cp_id=4220
According to this latest publication from Meticulous Research®, the global flexible packaging market is expected to grow at a CAGR of 3.7% from 2018 to 2023 to reach USD 243.7 billion by 2023, driven by factors such as downgauging of plastic films, shift from traditional rigid packaging to flexible packaging, easy transportation and storage along with sustainable properties, increasing consumer focus on convenience and sustainability, and improving barrier properties. Furthermore, factors such as growing adoption of specialty films in the packaging industry, the proliferation of bio-based plastic films, emerging markets, falling crude oil prices, and a shift in food service from frozen to map packaged products offer significant growth opportunities for the market players during the forecast period.
Market scope-
Market, by Material Type
Plastics
Polypropylene (PP)
Polyethylene (PE)
Polyethylene terephthalate (PET)
Poly-vinyl chloride (PVC)
Polystyrene (PS)
Others
Paper
Recycled cellulose fibre
Aluminum foil
Bioplastics
Market, by Design Type-
Bags and Trays
Gusseted Bags
Wicketed Bags
Pouches
Stand up Pouches
Flat Pouches
Spouted Pouches
Squeezable Bottles
Rollstock
Wraps
Blisters
Research study @ https://www.meticulousresearch.com/product/flexible-packaging-market/
Market, by Industry Verticals-
Food and Beverages
Pharmaceuticals
Household & Personal Care
Tobacco Products
Industrial & Chemical Products
Oil & Lubricants
This research report analyzes major geographies and provides comprehensive analysis of North America (U.S., Canada, and Mexico), Europe (Germany, U.K., France, Italy, Spain, and RoE), Asia-Pacific (Japan, China, India, Australia, and RoAPAC), Latin America, and the Middle East & Africa. Asia Pacific region captured a significant share in 2017 and is expected to register the highest CAGR during the forecast period. Growing consumption of beverages in Asia-Pacific region, and e-commerce and digitalization trend offer endless opportunities in the packaging industry and support the greater consumption and fastest growth in this region.
Study report @ https://www.meticulousresearch.com/request-sample-report/cp_id=4220
About Meticulous Research®
Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
Contact –
Meticulous Research
Khushal Bombe
sales@meticulousresearch.com
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