Flexible Packaging Market Trends| COVID-19 Impact, Revenue, Size, Analysis, Share and Forecast to 2023
Flexible Packaging Market Synopsis
The towering demand from end-user industries such as pharmaceuticals, personal care, etc. are anticipated to support the growth pattern of the Flexible Packaging Market Trends across the review period. Also, supportive government regulations are likely to favor the expansion of the market due to the innovation of eco-friendly flexible packaging materials.
The important players of the Flexible Packaging Market Trends profiled in this MRFR report are
- Amcor Limited (Victoria)
- Mondi Group (Johannesburg)
- Constantia Flexibles Group GmbH (Austria)
- Bemis Company Inc. (U.S.)
- Sealed Air Corporation (North Carolina)
- Coveris Holdings S.A. (U.S.)
- Sonoco Products Company (U.S.)
- Huhtamaki Group (Finland), and Ampac Holdings LLC (U.S.)
In April 2019, ePac Flexible Packaging, a flexible packaging company, has announced its plan of expansion in Europe.
By material, the global Flexible Packaging Market Trendshas been segmented into plastic, paper, aluminum, and others.
By product, the COVID-19 Impact has been segmented into pouches, bags, wraps, and others. Among these, the pouches segment is likely to observe massive demand from end-user industries. The segment was valued at USD 85.45 Bn and has been anticipated to thrive at a relatively higher CAGR of 6.95% during the review period.
By technology, the global Flexible Packaging Market Trends has been segmented into flexography, digital printing, and others. The flexography segment is projected to emerge as the fastest growing segment reflecting a CAGR of 5.59% over the assessment period.
The global Flexible Packaging Market Trends, by region, has been segmented into North America, Europe, Asia Pacific, and the Rest of the World (RoW). North America is a major market for flexible packaging. The boom witnessed in the packaging industry is likely to favor market expansion over the review period. Also, the growth of the end-user industries such as pharmaceuticals, food & beverage, etc. are anticipated to propel the proliferation of the Flexible Packaging Market Trends in the years to come. Asia Pacific is also forecasted to exhibit positive growth owing to the presence of fast-developing economies such as China and India.
Access Full Report With TOC @ https://www.marketresearchfuture.com/reports/flexible-packaging-market-1151
About Market Research Future
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.