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DUBLIN--(BUSINESS WIRE)--Nov 24, 2022--
The "Flexible Packaging Market, by Product Type, by Material Type, by Application, and by Region - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030" report has been added to ResearchAndMarkets.com's offering.
Flexible packaging is the type of packaging product which is made from flexible materials and easily resilient materials. Flexible packaging can be readily molded into multiple shapes after filling or canning. Furthermore, these packaging products are mainly composed of metals, plastics, papers, foil, paper sheet, laminated paper, and plastic layers.
Global flexible packaging market has witnessed significant growth from 2020, owing to increasing demand for packaging solutions from various end-user industries such as food & beverage, medical, and consumer goods industries. The flexible packaging products provide enhanced protection, increased user convenience, and enhanced aesthetic appeal. These factors are expected to drive growth of the global flexible packaging market during the forecast period.
On the basis of product type, global flexible packaging market can be segmented into stand-up pouches, vacuum pouches, retort pouches, converted roll stock, gusseted bags, wicketed bags, laminated tubes, squeezable bottles, and others. Rising demand for lighter and convenient packaging solutions in packaging industry is expected to provide good growth to the market growth during the forecast period.
Flexible packaging market is expected to be in high demand across globe 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, is a leading advocate and voice for the growing U.S. flexible packaging industry 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.
Key features of the study:
Detailed Segmentation:
Global Flexible Packaging Market, By Product Type:
Global Flexible Packaging Market, By Material Type :
Global Flexible Packaging Market, By Application:
Global Flexible Packaging Market, By Region:
Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/ekv61w
View source version on businesswire.com:https://www.businesswire.com/news/home/20221124005280/en/
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KEYWORD:
INDUSTRY KEYWORD: PACKAGING CHEMICALS/PLASTICS MANUFACTURING
SOURCE: Research and Markets
Copyright Business Wire 2022.
PUB: 11/24/2022 10:38 AM/DISC: 11/24/2022 10:38 AM
http://www.businesswire.com/news/home/20221124005280/en