The major drivers of flexible packaging market are rising disposable income of developing countries, increasing e-commerce retail and grocery purchase, rapidly rising trend of online shopping and increased demand for convenient advanced packaging solutions for products like personal care items, cosmetics creams, kits, powder, lotions, drugs, medicines etc.
Key Market Insights
- As per the product outlook, the pouches segment is expected to be the largest segment in the global market from 2023 to 2028
- As per the application outlook, the food & beverage segment holds the largest share in the market
- The Asia Pacific region is analyzed to be the fastest-growing region in the market
- North America region will have the largest share in the market during the forecast period [2023-2028]
- Amcor, Berry Global Inc., Sonoco, Coveris, Transcontinental, Clondalkin Group, Sealed Air Corporation, Reynolds, and Mondi Group, among others, are key players in the flexible packaging market.
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Product Type Outlook (Revenue, USD Billion, 2023-2028)
- Pouches
- Roll Stocks
- Bags
- Wraps
Material Outlook (Revenue, USD Billion, 2023-2028)
- Plastic
- Aluminium Foil
Application Outlook (Revenue, USD Billion, 2023-2028)
- Food & Beverage
- Pharma & Healthcare
- Personal Care & Cosmetics
Regional Outlook (Revenue, USD Billion, 2023-2028)
North America
- The U.S.
- Canada
- Mexico
Europe
- Germany
- UK
- France
- Spain
- Italy
- Netherlands
- Rest of Europe
Asia Pacific
- China
- India
- Japan
- South Korea
- Thailand
- Indonesia
- Malaysia
- Singapore
- Vietnam
- Rest of APAC
Central & South America
- Brazil
- Argentina
- Chile
- Rest of CSA
Middle East & Africa
- Saudi Arabia
- UAE
- Israel
- South Africa
- Rest of MEA
Contact: Yash Jain
Director - Global Accounts & Strategic Advisory
Email address: yash.jain@globalmarketestimates.com
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Website: www.globalmarketestimates.com
