Flexible Packaging Market Share, Upcoming Trends, Size, Key Segment, Growth Status and Forecast 2023-2033

New York, United States, Fri, 28 Jul 2023 06:40:45 / Comserve Inc. / -- The recent market research analysis of “Flexible Packaging Market: Global Demand Analysis & Opportunity Outlook 2033”

The recent market research analysis of “Flexible Packaging Market: Global Demand Analysis & Opportunity Outlook 2033” by Research Nester delivers an in-depth competitors analysis and a detailed overview of the global flexible packaging market in terms of market segmentation by type, material, printing technology, end-user industry, and by region over the forecast period, i.e., 2023-2033.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with a detailed discussion on current and future market trends that are associated with the growth of the global flexible packaging market. These analyses help organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future. Additionally, the growth opportunities exposed by the market are poised to gain significant momentum in the next few years.

Flexible packaging market to find numerous growth opportunities on the back of higher consumption of the ready-to-drink beverage, finds Research Nester

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The global flexible packaging market is estimated to grow majorly on account of the increasing demand for packaging in the automotive industry and growing sales of personal care products. As of 2022, the global personal care segment was estimated to generate around USD 10 billion in revenue. Additionally, the spiking distribution of ready-to-eat food and skyrocketing increment in the net national income is further expected to fuel the growth of the market over the forecast period. For instance, approximately USD 55 billion was solely generated by the ready-to-eat meals segment.

The global flexible packaging market is segmented on the basis of end-user industry into food & beverage, cosmetics, pharmaceuticals, automotive, and others. The pharmaceuticals segment is to garner the highest revenue by the end of 2033 by growing at a significant CAGR over the forecast period. The growth of the segment can be ascribed to the increasing demand for flexible packaging in the pharmaceutical industry on the back of the booming consumption of tablets and other medicines. For instance, in 2021, the pharma industry was estimated to touch off revenue of about USD 1.5 trillion.

By region, the Asia Pacific flexible packaging market is to generate the highest revenue by the end of 2033. This growth is anticipated by a significant surge in health expenditure and booming demand for medicines due higher prevalence of chronic diseases and the rising population. For instance, in Asia, around 50% of people die due to non-communicable diseases every year. Hence, such factors are estimated to propel the growth of the market over the forecast period.

The research is global in nature and covers detailed analysis on the flexible packaging market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising of global flexible packaging market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.

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This report also provides the existing competitive scenario of some of the key players of the global flexible packaging market which includes company profiling of ProAmpac Intermediate, Inc., Amcor Limited, Printpack, Inc., Bemis Company, Inc., Huhtamäki Oyj, Berry Global Inc., Glenroy, Inc., Mondi plc, DS Smith plc, Sealed Air Corporation, and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global flexible packaging market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order to avoid future uncertainties.

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