Flexible Plastic Packaging Market, Development Trends, Key Manufacturers Analysis and Competitive Analysis by 2030

0
358

Flexible Plastic Packaging Market Overview

Flexible Plastic Packaging Market Size was valued at USD 200.13 Billion in 2021. The Flexible Plastic Packaging market industry is projected to grow from USD 227.96 Billion in 2022 to USD 450.65 Billion by 2030, exhibiting a compound annual growth rate (CAGR) of 8.89% during the forecast period (2022–2030).

Flexible Plastic packages need a few resources so they are cheaper and easily available as compared to other packaging materials. Manufacturing plastic packages needs lesser fuel consumption so it is possible to save a significant amount of crude oil, natural gas, and coal. All these factors have contributed to the Flexible Plastic Packaging Market significantly.

The use of flexible plastic packaging increases the shelf-life of foods and beverages thus shipping and warehouse costs get saved. This is another reason for the continuous growth of this market throughout the globe.

The steep rise in the consumption of processed foods and beverages across the globe has worked as an important market driver for the growth of the global Flexible Plastic Packaging Market.

Though flexible plastic packages are cheap, chemically inert, and visually appealing, recycling these packaging materials need high-standard infrastructure. This is a restraint on the growth of the Flexible Plastic Packaging Market.

Though the market had faced supply-chain interruptions due to low production and logistic problems during the COVID-19 pandemic, the demand for flexible plastic packaging material was high in the pharmaceutical and healthcare sector. So, the Flexible Plastic Packaging Market Revenue is expected to grow steadily in the coming years.

Get a Free Sample PDF Brochure — https://www.marketresearchfuture.com/sample_request/4845

Market Segmentation

The segmentation of the global Flexible Plastic Packaging Market is done on applications, printing technologies, types, and regions.

Based on the product type, the market is further divided into flat pouches, stand-up pouches, bags, and others.

Based on the printing technology, the market is divided into digital printing, flexography, and others.

Based on application, the global Flexible Plastic Packaging Market is categorized into pharmaceuticals, food & beverages, personal care, and others.

Regional Classification

Based on the region, the global Flexible Plastic Packaging Market is divided into North America, Asia-Pacific, Europe, and the Rest of the World.

The Asia-Pacific region dominates the largest Flexible Plastic Packaging Market Share. Due to the increase in income group and busy lifestyles, the demand for ready-to-cook and ready-to-serve foods is rising in the countries such as Japan, India, and China. This has helped in the substantial growth of the plastic packaging market in this region. During the forecast period, the Asia-Pacific region is expected to achieve a huge amount of Flexible Plastic Packaging Market Revenue and one of the key factors is the significant growth of the export sector.

The market of Europe and North America are expected to have a steady growth in the Flexible Plastic Packaging sector.

Industry News

The sudden rise in the demand for flexible plastic packaging materials in hospitals, pharmaceutical companies, beauty products manufacturers, and PPE-kit manufacturers has opened up lots of growth opportunities for the global Flexible Plastic Packaging Market.

Amcor Company partnered with Espoma Organic in June 2020 to launch a new product that contains 25% bio-based ingredients.

Berry Global Group collaborated with Mondelez International to supply packaging material manufactured from recycled plastic.

About Market Research Future:

Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end-users, and market players for global, regional, and country-level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.

Market Research Future®

99 Hudson Street,5Th Floor

New York, New York 10013

United States of America

Phone:

+1 628 258 0071(US)

+44 2035 002 764(UK)

Sponsor
📢 System Update: Sharkbow Marketplace is Now Open!

We are excited to announce the **launch of the Sharkbow Marketplace!** 🎉 Now you can:

  • 🛍️ List and sell your products – Open your own store easily.
  • 📦 Manage orders effortlessly – Track sales and communicate with buyers.
  • 🚀 Reach thousands of buyers – Expand your business with ease.

Start selling today and grow your online business on Sharkbow! 🛒

Open Your Store 🚀
Căutare
Sponsor

🚀 What Can You Do on Sharkbow?

Sharkbow.com gives you endless possibilities! Explore these powerful features and start creating today:

  • 📝 Create Posts – Share your thoughts with the world.
  • 🎬 Create Reels – Short videos that capture big moments.
  • 📺 Create Watch Videos – Upload long-form content for your audience.
  • 📝 Write Blogs – Share stories, insights, and experiences.
  • 🛍️ Sell Products – Launch and manage your online store.
  • 📣 Create Pages – Build your brand, business, or project.
  • 🎉 Create Events – Plan and promote your upcoming events.
  • 👥 Create Groups – Connect and build communities.
  • Create Stories – Share 24-hour disappearing updates.

Join Sharkbow today and make the most out of these features! 🚀

Start Creating Now 🚀
Categorii
Citeste mai mult
Networking
Outdoor LED Smart Lighting Solution Industry, Key Findings, Regional Analysis, Top Key Players, Profiles and Future Prospects
Market Synopsis As per the analysis by Market Research Future Reports (MRFR), the global outdoor...
By Nitikesh Lavhale 2022-08-30 05:06:54 0 364
Food
Water Enhancer Market Comprehensive Growth Analysis, Revenue, Trends, and Forecasts by 2032
Market Overview: The water enhancer market is projected to grow from USD 3.53 Billion in 2023 to...
By Mira Ray 2023-06-20 12:07:04 0 396
Networking
Immobilienverkauf Aarau
RECORD-BREAKING DEALS There are a few things to consider when selling a property in...
By Office Webmaster354 2023-03-30 05:58:31 0 335
Alte
Baby Toys Market Size, Company Revenue Share, Key Drivers, and Trend Analysis 2028
Market overview Baby toys are the objects used by babies for amusement and entertainment. These...
By Monkey Luffy 2023-08-10 11:04:16 0 676
Food
Starch Derivatives Market Overview, Share Analysis, Key Companies, and Forecast year 2022-2030
Market Overview Starch derivatives are the structurally modified starch obtained from raw starch....
By Mayur Gunjal 2023-01-24 09:27:19 0 301