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Flexible Packaging Paper Market is Likely to Upsurge USD 272.55 Billion Globally by 2029, Size, Share, Trends, Demand, Growth Forecast and Opportunity outlook
A worldwide Flexible Packaging Paper Market report comprises of the most recent market information with which companies can have thorough analysis of Flexible Packaging Paper Market industry and future trends. By applying market intelligence for this report, industry experts assess strategic options, outline successful action plans and support companies with critical bottom-line decisions. Competitive analysis studies of this market report aids to get ideas about the strategies of key players in the market. Not to mention, the scope of Flexible Packaging Paper Market business report can be broadened from market scenarios to comparative pricing between major players, cost and profit of the specified market regions.To Gain More Insights about this Research, Visit https://www.databridgemarketresearch.com/reports/global-flexible-packaging-paper-market
The growth of flexible packaging market due to the increased adoption of aluminum foils, blister plastic films and pouches in the pharmaceutical industry. The extensive adoption of, replacing the glass and rigid plastics, blister material has resulted in the large use of paper and plastic films. Lidding films are broadly used in blister packs, followed by aluminum foil due to their cost-efficiency. The US pharmaceutical packaging market is the most important revenue contributor in the market. North America is anticipated to have around 40-45% of the global pharmaceutical market and contribute to approx. 45% to the global market growth during the forecast.
Data Bridge Market Research analyses that the flexible packaging paper market was valued at USD 190.63 billion in 2021 and is expected to reach USD 272.55 billion by 2029, registering a CAGR of 4.57% during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
Market Definition
Flexible packaging is the packaging products, which has more customizable and economical. It is a comparatively new method in the packaging market and is popular due to its cost-effective and highly efficient nature. This packaging method uses a large number of flexible materials plastic and paper, including foil, to create pouches, bags, and other flexible product containers. Flexible packages are mainly useful in industries that require versatile packaging, such as personal care, food and beverage, and pharmaceutical industries.
Some of the major players operating in the flexible packaging paper market are:
Amcor plc (Switzerland)
Mondi (UK)
Sonoco Products Company (US)
Sealed Air (US)
Huhtamaki OYJ (Finland)
Sappi (South Africa)
DS Smith (UK)
Coveris (UK)
Sabert (US)
Wihuri (Finland)
International Paper (US)
KRPA Holding (US)
Nordic Paper (Sweden)
McNairn Packaging (US)
Global Flexible Packaging Paper Market Scope
The flexible packaging paper market is segmented on the basis of paper, products, printing technology, embellishing and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
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