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Flexible Plastic Packaging Research Market Report 2024-2033: Market Size, Growth Drivers And Industry Share Forecast | Constantia Flexibles International GmbH, Amcor Ltd., Berry Global Inc., Clondalkin Group Holdings BV, ProAmpac Holdings Inc
Flexible Plastic Packaging Research Market
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the Flexible Plastic Packaging industry. This report on Flexible Plastic Packaging market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The flexible plastic packaging market size has grown strongly in recent years. It will grow from $166.01 billion in 2023 to $174.42 billion in 2024 at a compound annual growth rate (CAGR) of 5.1%. The growth in the historic period can be attributed to consumer convenience, sustainability concerns, food and beverage industry growth, shelf appeal and branding, transportation and logistics.
The flexible plastic packaging market size is expected to see strong growth in the next few years. It will grow to $219.18 billion in 2028 at a compound annual growth rate (CAGR) of 5.9%.
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Key Market Players:
Constantia Flexibles International GmbH, Amcor Ltd., Berry Global Inc., Clondalkin Group Holdings BV, ProAmpac Holdings Inc are prominent players in the Flexible Plastic Packaging industry.
Market Drivers:
According to the Flexible Plastic Packaging Market Report 2024 by The Business Research Company, The increase in consumption of processed and packaged food is drove the growth of the flexible plastic packaging market in the historic period. Packaged foods are food products that have been frozen, canned, cooked, packaged, or changed in nutritional composition and are preserved or fortified in different ways. Food brands are adopting flexible plastic packaging it consists of different types of packages that are easily molded. For instance, in December 2021, According to the Agricultural and Processed Food Products Export Development Authority (APEDA), an-Indian-based government agency, processed food products exports increased from $11,671 million to $ 13,261 million in 2021-22. Therefore, high consumption of processed and packaged food propelled the demand for flexible plastic packaging during the period.
More information about the Global Flexible Plastic Packaging Market Report -
https://www.thebusinessresearchcompany.com/report/flexible-plastic-packaging-global-market-report
Market segments for Flexible Plastic Packaging include:
1)By Type: Stand-Up Pouches, Flat Pouches, Rollstock, Gusseted Bags, Wicketed Bags, Wraps, Other Types
2)By Technology: Flexography, Rotogravure, Digital Printing, Other Technologies
3)By Application: Food, Beverage, Pharma And Health Care, Personal Care And Cosmetics, Other Applications
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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https://www.thebusinessresearchcompany.com/report/plastic-products-global-market-report
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