The report “Flexible Plastic Packaging Market Global Forecast to 2029, broken down by Packaging Type (Pouche, Rollstock, Bag, Films & Wraps), Material (Plastics, Aluminum Foils), Printing Technology (Flexography, Rotogravure, Digital Printing), Application, and Region, is expected to grow at a compound annual growth rate (CAGR) of 4.4% from USD 207.93 billion in 2024 to USD 257.58 billion by 2029.Flexible plastic packaging is favored due to its superior barrier qualities that prolong product shelf life and its lightweight design, which reduces transportation costs and carbon emissions. The market for flexible plastic packaging is expanding significantly because of its cost-effectiveness and adaptability to a variety of industries, such as personal care, food and beverage, and pharmaceuticals.
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• 250 Market data Tables
• 60 Figures
• 280 Pages and in-depth TOC on “Flexible Plastic Packaging Market – Global Forecast to 2029″
• 60 Figures
• 280 Pages and in-depth TOC on “Flexible Plastic Packaging Market – Global Forecast to 2029″
Some of the prominent key players are:
- Amcor plc (Australia),
- Berry Global Inc. (US),
- Sonoco Products Company (US),
- Constantia Flexibles (Austria),
- Huhtamaki Oyj (Finland),
- Mondi (UK), and many more….
Opportunity: Growing demand for sustainable packaging
Because of growing concerns about their impact on the environment, brands are increasingly working hard to identify solutions to reduce their carbon footprint. In order to help keep global warming to 2 degrees, the Paris deal, a legally enforceable climate change deal, was announced in 2015. Many countries have now committed to this cause by establishing net-zero targets, demonstrating their commercial commitment to lowering their emissions. In order to minimize the need for transportation, many manufacturers are now concentrating on offering consumers sustainable packaging options by optimizing the packing materials and using the appropriate materials to make items lighter and smaller.
