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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

05-02-2019 08:58 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Meticulous Research®

In 2023 Flexible Packaging Market Worth 243.7 Billion USD Key

Meticulous Research® –leading global market research company published a research report titled “Flexible Packaging Market by Material (Plastics, Paper, Aluminum Foil, Bioplastics), Design (Stand-Up Pouch, Spouted Pouch, Gusseted Bags, Rollstocks, Blister, Wrap) – Global Forecast to 2023”.

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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