Press release
Flexible Packaging Market 2024-2032: Emerging Trends, Growth Opportunities, Growth And Business Strategies
Flexible Packaging Market
According to the report, the global flexible packaging market was valued at $197.4 billion in 2022 and is projected to grow to $325.8 billion by 2032, registering a CAGR of 5.1% from 2023 to 2032.
Key Growth Drivers:
- Increased demand for fast-moving consumer goods (FMCGs)
Surge in e-commerce activities and food delivery services
Market Challenges
- Rising concerns over the recyclability and disposal of plastic packaging
- Implementation of strict government regulations on plastic packaging
Opportunities Ahead:
- Development of nano-food packaging
- Focus shift towards renewable and innovative packaging solutions
Red Sea Crisis Impact:
The Red Sea Crisis has disrupted global supply chains, impacting about 11% of global trade, particularly between Asia and Europe. Rising shipping costs, longer transit times, and inflationary pressures are expected to raise production costs for flexible packaging products.
Market Insights:
Film Segment: Accounting for more than two-thirds of market revenue in 2022, the film segment is projected to remain dominant, with a CAGR of 5.16% from 2023 to 2032. Packaging films, typically plastic-based, are favored due to their lightweight, cost-effectiveness, and ability to preserve products, particularly in the food & beverage industry.
Paperboard Segment: The paperboard segment led the market in 2022 with more than two-fifths of total revenue, driven by high demand in the food & beverage industry. It is expected to register a CAGR of 5.38%, with an increased focus on environmentally friendly packaging solutions.
End-Use Industry Analysis:
Food & Beverage: This segment held the largest share in 2023, accounting for nearly three-fifths of global revenue.
Pharmaceutical: Set to achieve a CAGR of 7.4% due to growing healthcare demand and the need for innovative packaging solutions in emerging markets like India, Thailand, and China.
Regional Highlights:
Asia-Pacific: Dominated the market with nearly two-fifths of global revenue in 2022 and is expected to maintain its leadership.
North America: Expected to see the fastest growth with a CAGR of 6.03%, driven by increasing demand for pharmaceuticals and the development of the personal care industry.
𝐎𝐛𝐭𝐚𝐢𝐧 𝐑𝐞𝐩𝐨𝐫𝐭 𝐃𝐞𝐭𝐚𝐢𝐥𝐬: https://www.alliedmarketresearch.com/flexible-packaging-market
Contact:
David Correa
United States
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Flexible Packaging Market 2024-2032: Emerging Trends, Growth Opportunities, Growth And Business Strategies here
News-ID: 3657026 • Views: …
More Releases from Allied Market Research (AMR)
Cleanroom Disposable Gloves Market Competition Strategies: Gaining an Edge by 20 …
The global cleanroom disposable gloves market is witnessing robust growth, primarily driven by the surging demand from the electronics industry, particularly semiconductor and flat panel manufacturing. Cleanroom environments require stringent contamination control, making disposable gloves a critical component across multiple high-precision industries.
According to a report published by Allied Market Research, titled "Cleanroom Disposable Gloves Market by Material Type and End Use: Global Opportunity Analysis and Industry Forecast, 2023-2032", the market…
Carbon Fiber Market Perspectives: Insightful Trends & Analysis for 2032
The global carbon fiber market is witnessing robust growth, driven primarily by the rising penetration of carbon fiber components in the automotive sector and stringent government regulations aimed at reducing carbon emissions. Carbon fiber's exceptional strength-to-weight ratio and durability make it a critical material in lightweighting initiatives across multiple industries.
According to Allied Market Research, the global carbon fiber market generated $5.5 billion in revenue in 2022 and is projected to…
Plastic Water Storage Systems Market Outlook 2033 High‐Growth Segments and Eme …
The report provides both quantitative and qualitative analysis of the global plastic water storage system market from 2024 to 2033, aimed at helping stakeholders gain a clear understanding of the industry's current state. It includes an examination of regional and global markets. All data related to the industry is thoroughly reviewed and validated by industry experts.
According to the study by Allied Market Research, the global plastic water…
Copper Abietate Market Outlook 2033 Focus Areas and Growth Opportunities
The copper abietate market study provides an in-depth evaluation of the industry's revenue potential, growth trajectory, and global footprint, while closely tracking regional performance trends. It delivers a qualitative assessment of key market dynamics, examining their immediate influence on market size, economic conditions, regulatory frameworks, growth prospects, and the strategic initiatives adopted by leading players. In addition, the report features a detailed company profiling section that highlights corporate overviews, executive…
More Releases for Packaging
Personalized Packaging Market 2019 By Key Players: Owens Illinois, Salazar Packa …
Personalized Packaging Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period.
Download PDF Sample of this Report @
http://www.supplydemandmarketresearch.com/home/contact/277379?ref=Sample-and-Brochure&toccode=SDMRCH277379&utm_source=S2
The following manufacturers are covered:
Owens Illinois
Salazar Packaging
Design Packaging
PrimeLine Packaging
International Packaging
Elegant Packaging
Pak Factory
ABOX Packaging
ACG Ecopak
CB Group
SoOPAK Company
Huhtamaki…
E-Commerce Packaging Market by Top Key Players - Pioneer Packaging, Arihant pack …
E-commerce packaging involves the use of materials for safe packaging of products sold by the e-commerce industry. E-commerce packaging plays a vital role in the consumers' perception about the e-retailer. It also indicates the perceived value of the item received. Packaging reflects the value of shipment in the e-commerce supply chain, that is, better the packaging, better the product inside it.
Get Sample Copy of this Report @ https://www.bigmarketresearch.com/request-sample/2904563
The E-Commerce…
Luxury Packaging Market 2019 SWOT Analysis By Top Key Players; MW Luxury Packagi …
Luxury Packaging Market report provides an in-depth overview of product specification, technology, product type and production analysis considering major factors such as revenue, cost, gross and gross margin. The company profiles of all the key players and brands that are dominating the Luxury Packaging Market with moves like product launches, joint ventures, merges and accusations which in turn is affecting the sales, import, export, revenue and CAGR values are mentioned…
Global Luxury Packaging Market 2019 Top Key Players: MW Luxury Packaging, Progre …
Summary
WiseGuyReports.com adds “Luxury Packaging Market 2019 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2024” reports to its database.
This report provides in depth study of “Luxury Packaging Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Luxury Packaging Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as…
Top Manufacturer in Luxury Packaging Market 2019: MW Luxury Packaging, Progress …
Luxury packaging is used for packaging and decorating high-end products.An increase in the luxury product consumption rate and the number of product launches in the fashion and cosmetic sectors are some major factors driving the market growth.
The global Luxury Packaging market is valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025. The objectives…
Personalized Packaging Market 2025 | Design Packaging, Inc., PrimeLine Packaging …
As per the new market report published by Research Report Insights titled ‘Personalized Packaging Market’: Global Industry Analysis and Forecast 2017-2025’, global personalized packaging market attained a value worth US$ 25,577.9 Mn in 2017 and will possibly thrive at a promising CAGR of 5.1% over the forecast period (2017-2025). The global personalized packaging market has witnessed solid growth during the past few decades, owing to the increasing trend of luxury…
