Press release
Worldwide Flexible Packaging Market to reach US $ 216.7 Billion by 2029 - Comprehensive Research Report by Exactitude Consultancy
The global Flexible Packaging Market size is projected to reach USD 216.7 Billion by 2029, from 216.4 Billion in 2021, at a Compound Annual Growth Rate (CAGR) of 4.1% during the forecast period.The Global Flexible Packaging Market size 2023 research report covers explicit information regarding the development rate, market estimates, drivers, limitations, future-based demand, and revenue during the forecast period. The report explores the current outlook in global and key regions from the perspective of players, countries, product types and end industries.
Additionally, the report provides insights into the regional analysis that covers different regions, contributing to the growth of the market. The Global Flexible Packaging Market consists of data accumulated from numerous primary and secondary sources. This information has been verified and validated by the industry analysts, thus providing significant insights to the researchers, analysts, managers, and other industry professionals. This document further helps in understanding market trends, applications, specifications, and market.
๐๐๐ญ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐ญ๐จ ๐๐ฆ๐๐ข๐ฅ:
https://exactitudeconsultancy.com/reports/2836/flexible-packaging-market/#request-a-sample
Regional Insights
Asia Pacific dominated the flexible packaging market and accounted for the largest revenue share of 38.0% in 2021. Countries of Asia Pacific including China and India are further expected to offer potential growth opportunities for market players due to growing organized retail and e-commerce sectors coupled with ease in availability of raw materials. Growing spending power in China, India, and Indonesia is expected to boost the demand for packaged food products, which in turn will drive market growth.
Furthermore, flexible packaging is expected to be in high demand in the region due to the growing consumption of packaged beverages and the preference for small-sized packs due to their affordability and convenience. According to Flexible Packaging Association, more than 46% of Americans are willing to pay more for flexible packaging that stores food and beverages owing to its sustainability profile. Furthermore, increasing preference for flexible packaging by manufacturers due to marketing advantages is expected to favor the product demand in the region.
Pre-Post COVID-19 Impact on Global Flexible Packaging Market
COVID-19 is an infectious disease caused by the most recently discovered novel corona virus. Largely unknown before the outbreak began in Wuhan (China) in December 2019, COVID-19 has moved from a regional crisis to a global pandemic in just a matter of a few weeks.
In addition, production and supply chain delays were also witnessed during the second quarter which poised a challenge to the Flexible Packaging Market, since end-user industries were still not operating at their full capacity.
๐๐๐๐จ๐ง๐๐๐ซ๐ฒ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Flexible Packaging Market research study made extensive use of secondary sources, directories, and databases such as Hoover's, Bloomberg BusinessWeek, Factiva, and OneSource to identify and collect information useful for a technical, market-oriented, and commercial study of the global portable generator market. Other secondary sources included company annual reports, press releases, and investor presentations, white papers, certified publications, articles by recognized authors, manufacturer associations, trade directories, and databases.
๐๐ซ๐ข๐ฆ๐๐ซ๐ฒ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Various sources from both the supply and demand sides were interviewed during the primary research process to obtain qualitative and quantitative information for this report. Primary sources included industry experts from the core and related industries, as well as preferred suppliers, manufacturers, distributors, technology developers, researchers, and organizations from all segments of the value chain of this industry. To obtain and verify critical qualitative and quantitative information, in-depth interviews were conducted with a variety of primary respondents, including key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants.
๐๐ฌ๐ญ๐ข๐ฆ๐๐ญ๐ข๐จ๐ง ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ข๐ณ๐
The total size of the Flexible Packaging Market was estimated and validated using both top-down and bottom-up approaches. These methods were also widely used to estimate the size of various market sub segments. The following research methodologies were used to estimate market size:
๐๐ฑ๐ญ๐๐ง๐ฌ๐ข๐ฏ๐ ๐ฌ๐๐๐จ๐ง๐๐๐ซ๐ฒ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก ๐ฐ๐๐ฌ ๐ฎ๐ฌ๐๐ ๐ญ๐จ ๐ข๐๐๐ง๐ญ๐ข๐๐ฒ ๐ญ๐ก๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ'๐ฌ ๐ค๐๐ฒ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ.
The revenues generated by the market's leading players in molecular diagnostics have been determined through primary and secondary research.
All percentage shares, splits, and breakdowns were calculated using secondary sources and confirmed using primary sources.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐จ๐ซ ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ:
https://exactitudeconsultancy.com/reports/2836/flexible-packaging-market/#inquire-for-discount
๐๐จ๐ฆ๐ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฒ ๐๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ:
What focused approach and constraints are holding the Flexible Packaging Market demand?
SWOT Analysis of each defined key player along with its profile and Porter's five forces analysis to complement the same.
What trends, challenges and barriers will impact the development and sizing of the Global Flexible Packaging Market?
Detailed Overview of Market will help deliver clients and businesses making strategies.
Influencing factors that are thriving demand and latest trends running in the market.
Market forecast for global Flexible Packaging Market split into segments like region, product, applications, end-user, technology, etc.
What is the Flexible Packaging Market growth momentum or market carries during the forecast period?
Which region may tap the highest market share in the coming era?
Which application/end-user category or Product Type may seek incremental growth prospects?
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