Flexible Packaging Market to Garner USD 237,975.67 million, Globally, by 2028 at 4.4% CAGR: The Insight Partners

The flexible packaging market is projected to reach US$ 237,975.67 million by 2028 from US$ 176,173.61 million in 2021; it is expected to grow at a CAGR of 4.4% from 2021 to 2028. Flexible packaging requires less energy than rigid packaging. In addition, flexible packaging materials are frequently designed to be reusable and recyclable. It protects products from moisture, UV rays, mold, dust, and other environmental contaminants that can negatively affect the product, thereby maintaining its quality and extending its shelf life. Flexible packages are particularly useful in industries that require versatile packaging, such as food and beverage, personal care, and pharmaceutical industries.

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Companies Profiled in this report includes:

Amcor plc
Huhtamaki
Mondi
Berry Global Inc.
Sealed Air
Sonoco Products Company
Coveris
Constantia Flexibles
Flexpak services
Transcontinental Inc.

The report includes the segmentation of the global flexible packaging market as follows:

The flexible packaging market, by material, is segmented into plastics, paper, aluminum foils, and others. Based on product type, the market is segmented into pouches, bags, films and wraps, and others. The flexible packaging market, by application, is segmented into food and beverages, medical and pharmaceutical, personal care and cosmetic, industrial, and others. By geography, the flexible packaging market is broadly segmented into North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South and Central America.

The flexible packaging market in North America is further segmented into the US, Canada, and Mexico. The European market is subsegmented into Germany, France, the UK, Italy, Russia, and the Rest of Europe. The flexible packaging market in Asia Pacific is subsegmented into China, India, Japan, Australia, South Korea, and the Rest of Asia Pacific. The flexible packaging market in the Middle East & Africa (MEA) is further segmented into South Africa, Saudi Arabia, the UAE, and the Rest of MEA. The flexible packaging market in South and Central America is subsegmented into Brazil, Argentina, and the Rest of South and Central America.

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Phone: +1-646-491-9876

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

This release was published on openPR.