Flexible Protective Packaging Market Insights, Forecast to 2025
Verfasser: riyasharma24mr on Monday, 10 June 2019Flexible protective packaging products such as bubble wrap, air pillows, flexible foam, paper fills, and dunnage bags are used for filling empty spaces, block and bracing, and wrapping products during transit.
The air pillow packaging segment accounted for the major shares and dominated the market. Air pillows manufactured in a continuous form are easy to tear off and also have smooth and soft surfaces, thereby offering a better alternative to other flexible protective packaging products. According to this market research study, the growing demand for protective packaging from the e-commerce sector will drive the market?s growth prospects in this segment.
This market research and analysis estimates that in terms of geographical regions, APAC will be the major revenue contributor to the market by the end of the predicted period. Demographic trends such as increasing population and rapid urbanization and the economic factors such as industrialization, growth of the manufacturing sector, and increase in international trade, will drive the growth of the market in this region.
Global Flexible Protective Packaging market size will increase to xx Million US$ by 2025, from xx Million US$ in 2018, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Flexible Protective Packaging.