TBRC covers the flexible plastic packaging market drivers and restraints, market size, major players, and the impact of COVID-19 on the market.
LONDON, GREATER LONDON, UK, May 2, 2022 /EINPresswire.com/ — According to ‘Flexible Plastic Packaging Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026’ published by The Business Research Company, the flexible plastic packaging market size is expected to grow from $151.92 billion in 2021 to $158.88 billion in 2022 at a compound annual growth rate (CAGR) of 4.6%. The flexible plastic package market is expected to grow to $191.56 billion in 2026 at a CAGR of 4.8%. The increasing consumption of processed and packaged food will drive the growth of the flexible plastic packaging market in the forecast period.
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The flexible plastic packaging market consists of sales of flexible packaging by entities (organizations, sole traders, and partnerships) that manufacture flexible plastic packaging. Flexible packaging is economical and convenient way to package, preserve, and distribute food items, pharmaceuticals, cosmetic & personal care items, consumer storage and other consumables. Flexible plastic packaging involves various types of plastic material used for packaging different products such as snacks, beverages, vegetables, and others. Plastic materials used in flexible plastic packaging include polyethylene, polypropylene, polystyrene, and polyvinyl chloride among others.
Global Flexible Plastic Packaging Market Trends
The launch of innovative packaging to attract more customers and expand the customer base of the company is a key trend in flexible plastic packaging. The companies operating in the flexible packaging market are focusing on manufacturing innovative and sustainable packaging solutions for end-users.
Global Flexible Plastic Packaging Market Segments
The global flexible plastic packaging market is segmented:
By Type: Stand-Up Pouches, Flat Pouches, Rollstock, Gusseted Bags, Wicketed Bags, Wraps, Others
By Technology: Flexography, Rotogravure, Digital Printing, Others
By Application: Food, Beverage, Pharma and Health Care, Personal Care and Cosmetics, Others
By Geography: The global flexible plastic package market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific accounts for the largest share.
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Flexible Plastic Packaging Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides flexible plastic packaging industry overview, global flexible plastic packaging analysis and forecasts market size and growth for the global flexible plastic packaging market, plastic packaging market share, plastic packaging market segments and geographies, plastic packaging market players, plastic packaging market leading competitor revenues, profiles and market shares. The plastic packaging market report identifies top countries and segments for opportunities and strategies based on market trends and key competitors’ approaches.
TBRC’s Flexible Plastic Packaging Global Market Report 2022 includes information on the following:
Data Segmentations: Market Size, Global, By Region and Country, Historic and Forecast, and Growth Rates for 60 Geographies
Key Market Players: Constantia Flexibles, Amcor Limited, Berry Global Inc, Clondalkin Group Holdings BV, ProAmpac, Coveris, Bemis Company Inc, Bischof + Klein Se & Co Kg, Aluflexpack Ag, Cosmo Films Limited, and C-P Flexible Packaging
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
And so much more.
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