Aided by the rising working population and the inflating disposable incomes, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 4.2%. Pouches are gaining significant popularity in the . Our extensive database provides clients with clear market present and future scenarios which helps to take revenue impact decisions in the Flexible Plastic Packaging Market. This is further expected to create extensive opportunities of growth for the worldwide flexible plastic packaging market. [ 228 Pages Report] The global flexible plastic packaging market size is projected to grow from USD 160.8 billion in 2020 to USD 200.5 billion by 2025, at a CAGR of 4.5% from 2020 to 2025. The flexible plastics packaging market is anticipated to record a significant CAGR over the forecast period, i.e., 2020-2028. The MarketWatch News Department was not involved in the creation of this content. The Flexible Plastic Packaging market regional presence is showcased in five major regions Europe, North America, Latin America, Asia Pacific, and the Middle East and Africa. Growing awareness about personal health and wellbeing has heightened the interest for flexible plastics in the drug packaging industry. Flexible Plastic Packaging Market Scope. CHICAGO, Oct. 22, 2020 /PRNewswire/ -- According to the new market research report "Flexible Plastic Packaging Market by Type (Pouches, Rollstocks, Bags, Wraps), Material (Plastic & Aluminum Foil . Flexible plastic packaging offers a wide range applications in various industries such as food & beverages, pharmaceuticals, fruits & vegetables, e-commerce, and electrical & electronics. North America flexible plastic packaging market mainly includes countries such as . The global flexible plastic packaging market attained a value of nearly USD 154.7 billion in 2020, driven by the increasing consumer demand for packaged products. Flexible Plastic Packaging Market Scope: The global market for flexible plastic packaging coatings was valued at US$ 1,533.8 Mn in 2017. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the . The global flexible plastic packaging market size was estimated at USD 131.24 billion in 2017. The global flexible plastic packaging market is expected to witness a moderate decrease in its growth rate in 2020-2021, as the packaging industry witness a significant decline in its production. The North American Flexible Packaging Market was valued at USD 40.70 billion in 2020, and it is projected to be . Jul 22, 2022 (Heraldkeepers) -- The Global Flexible Plastic Packaging Market is estimated to value over USD 224 billion by 2028 finish at a CAGR of over 4.5% throughout the forecast from 2021 to. The North America flexible plastic packaging market is also expanding and is predicted to register a CAGR of 4.99% over the forecast period of 2018-2026. The market value of the flexible plastic packaging industry was at USD 160.8 billion in the year 2020 and it is expected to surpass the market value of over USD 200.5 billion by the year 2025 while registering a CAGR of 4.5% during the forecast period. In the material type, it is segmented into paper, plastic films, bioplastics, and aluminum foil. Export Percentage Exports account for nearly 5.3% percent of domestic production. 2020. The flexible plastic package market is expected to grow to $191.56 billion in 2026 at a CAGR of 4.8%. The North America Flexible Packaging Market is Segmented by Type (Plastics, Paper, and Aluminum Foil), Product Type (Pouches, Bags, Films and Wraps), End-User Industry (Food, Beverages, Household and Personal Care), and Country. the global flexible packaging market consists of global & regional players operating. Accelerate at a CAGR of 4.78% Market Size Flexible Packaging is the second largest packaging segment in the U.S., garnering about 19% of the $177 billion U.S. packaging market. Global Flexible Plastic Packaging Market Scope and Market Size. Surge in demand of flexible plastic in food and pharmaceutical product packaging was observed during that same period. Flexible packaging offers flexible and unbending, straightforward, and lightweight types of bundling because of which the key application areas fundamentally incline toward it over its partners, like . In the projection period, the Global Market is anticipated to grow to exhibit a Compound Annual Growth Rate (CAGR) of 4.3%. Growth momentum & CAGR. The global flexible plastic packaging market size is expected to grow from $151.92 billion in 2021 to $158.88 billion in 2022 at a compound annual growth rate (CAGR) of 4.6%. [102 Pages Report] According to 360ResearchReports provides you with historical and forecast data of Flexible Plastic Packaging Coating market was valued at USD 89360 million in 2022 and is. The global flexible packaging market size reached US$ 124.9 Billion in 2021. However, there seems an increase in the demand for flexible plastic packaging for food, beverage, and pharmaceutical applications for product . Flexible Plastic Packaging Market. some of the key players in the material market include amcor plc, mondi plc, coveris holdings s.a, datwyler holdings, aptar group, inc., constantia flexibles group gmbh, berry global, inc., ccl industries inc ., westrock company, honeywell international, Flexible packaging type is further divided into four sub-segments, namely, wraps and films, bags, pouches, and others. Report Coverage. The packaging industry has been shifting toward adopting flexible packaging solutions owing to its considerable energy and environmental benefits. 2021-2025. Details. Due to the COVID-19 pandemic, the global Flexible Plastic Packaging market size is estimated to be worth USD 94580 million in 2022 and is forecast to a readjusted size of USD 114260 million by 2028. Global Flexible Plastic Packaging Market by Type ( PP, PE, PET, Others), By Application ( Food Industry, Pharmaceutical, Personal & Homecare) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030 Forecast period. . 120. Competitive Index: A comparison chart of Merits and Demerits depending on the core components gives genuine economic strength and growth. The Flexible Packaging industry had $33.6 billion in sales in the United States in 2019. Japan, Japan, Mon, 29 Aug 2022 02:17:18 / Comserve Inc. / -- Global flexible packaging market is projected to grow . The global flexible plastic packaging market is expected to grow from $143.79 billion in 2020 to $151.92 billion in 2021 at a compound annual growth rate (CAGR) of 5.7%.The growth is due to the . It is estimated that this figure will exceed half a trillion by 2020. The global plastic packaging market size was valued at USD 355.0 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 4.2% from 2022 to 2030 . The United Kingdom Plastic Packaging Market is segmented by Type (Rigid Plastic, Flexible Plastic), By Industry . Employment Impact Looking forward, IMARC Group expects the market to reach US$ 162.4 Billion by 2027, exhibiting at a CAGR of 4.5% during 2022-2027. The flexible packaging market is expected to register a CAGR of 4.37% over the forecast period (2022-2027). FLEXIBLE PLASTIC PACKAGING MARKET DYNAMICS The industry is pushed by the spiraling demand for flexible plastic packaging items, such as stand-up pouches and flat pouches. Por ejemplo, segn el informe RECOUPs, Black Plastic Packaging Forum, se estima que la cantidad de envases de plstico negro utilizados en el Reino Unido cay de 36 000 toneladas mtricas a 10 000 toneladas mtricas en 2020. . Additionally, convenient packaging has attracted . Sep 02, 2022 (The Expresswire) -- The Flexible Plastic Packaging Market Research Report 2022-2030, provides an in-depth overview and insights into the market. The global flexible plastic packaging size is estimated to reach close to USD 390 billion by 2029 and develop at a rate of 4.2% from 2022 to 2029. The Global Flexible Packaging Market was valued at USD 248.5 Billion in 2021 and is expected to reach a value of USD 319.9 Billion by 2028. The global flexible plastic packaging market size is projected to grow from USD 160.8 billion in 2020 to USD 200.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 4.5%. Poland is expected to witness the most significant growth. Flexible Plastic Packaging Market by Type (Stand-up Pouches, Flat Pouches, Rollstock, Gusseted Bags, Wicketed Bags, Wraps, and Others), by Material (Plastic Films, Paper, Aluminium Foil, and Bioplastics), by Application (Food & Beverages, Healthcare, Cosmetics & Toiletries, and Others) and by Geography-Opportunities & Forecast 2016-2021 4.99% CAGR, Flexible Plastic Packaging Market, Size, Share, Outlook 2020 to 2026 is a premium global market research report focusing on factors driving and challenging the industry, Market Trends, recent industry developments, Key Players Analysis, market share, size, forecast, segmentation, Business Profiles of Leading Companies.OGAnalysis The worldwide market for Flexible Plastic Packaging Market is expected to grow at a CAGR of roughly x.x% over the next ten years, and will reach US$ XX.X Mn in 2028, from US$ XX.X Mn in 2018, according to a new Market.us (Prudour Research) study. Coating are generally a phase in which the adhesive is applied to the medium/substrates. Surging demand for flexible plastics in pharmaceutical packaging, owing to increasing health awareness among consumers and burgeoning popularity of convenient packaging, is one of the key trends stimulating market growth. Flexible Packaging Market Statistics - 2031 The global flexible packaging market was valued at $68.5 billion in 2021, and is projected to reach $102.8 billion by 2031, growing at a CAGR of 4.2% from 2021 to 2031. Page number. Increasing demand for fresh food is propelling the adoption of flexible plastic packaging across the globe. Industry Overview Flexible Packaging Market size is anticipated to grow over USD 390 billion by 2028 and is estimated to grow at over 5.5% CAGR between 2022 and 2028 owing to the rapid development of processed and packed food industry along with growing consumer awareness regarding the importance of safe food storage practices. The demand for flexible plastic is also increasing in Eastern Europe, with expected growth in volume (3.0 billion units) by 2023. According to Persistence Market Research, the global flexible plastic packaging market is expected to grow at a robust CAGR throughout the period of forecast, and is estimated to reach a value of around US$ 202 Bn by the end of 2022. The Flexible Plastic Packaging market is segmented into Product Types: PP; PE; PET; Other Geographically, this report split global into several key Regions, with sales (K MT), revenue (Million USD), market share and growth rate of Flexible Plastic Packaging for these regions, from 2012 to . Overall flexible plastic packaging market growth experienced slight dip in 2020-2021 due to closing of manufacturing plants and reduced production. Sep 02, 2022 (The Expresswire) -- The Plastic Flexible Packaging Market Research Report 2022-2030, provides an in-depth overview and insights into the market. The market is forecast to expand at a CAGR of 4.0% during the forecast period, 2018-2026. Flexible Plastic Packaging Market by Type (Pouches, Rollstocks, Bags, Wraps), Material (Plastic & Aluminum Foil), Application (Food, Beverage, Pharma & Healthcare, Personal care & Cosmetics), Technology, and Region - Global Forecast to 2025 is a market research report available at US $9000 for a Single User PDF License from RnR Market Research Reports Library.

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