Flexible Paper Packaging Market to Record a Growth of US$ 79.1 Billion by 2026, Finds MarketsandMarkets™
Verfasser: ashwani_kailiya on Wednesday, 3 August 2022Flexible packaging is one of the growing trends in the packaging industry. Flexible plastic packaging involves various types of plastic material used for the packaging of different products. The type of material to be used in packaging depends upon the application and type of product to be packaged. Generally, plastic materials such as Polyethylene, Polypropylene, polystyrene, and polyvinyl chloride are used in flexible plastic packaging. Flexible packaging is considered to be the most convenient and economical way to preserve, distribute and package food items, beverages, pharmaceutical products and several consumables. The growth of flexible plastic packaging market is attributed to the increase in the demand for lightweight and cost-effective packaging solutions globally due to the surge in demand for foodstuffs and pharmaceutical goods during the COVID-19 pandemic. The growth in the end-use industries (such as food, beverage, cosmetics, and pharma & healthcare) has generated new opportunities for the flexible plastic packaging market. However, factors such as volatility in the raw material prices and recyclability of plastic may inhibit the growth of the market.
Request a Report Sample to Gain Comprehensive Insights at: https://www.marketsandmarkets.com/requestsampleNew.asp?id=183679855