Research Methodology

Flexible Plastic Packaging Market Overview

The Flexible Plastic Packaging market is expected to grow from USD 121.98 billion in 2019 to USD 177.56 billion by 2026 at a CAGR of 6% from 2019 to 2026.

Flexible plastic packaging market has numerous advantages like cost-effectiveness and performance advantages of lightweight bags and pouches, increased shelf life of the merchandise, and growing industrial demand for downgauging also as high demand from the end-use industries, especially food & beverages. The above-stated reasons are likely to positively impact the market within the coming years. In addition, growing inclination towards user-friendly packaging also as augmenting demand from food & beverage and healthcare industries worldwide are the other major factors fueling the expansion of the market, globally. The global market is segregated on the basis of Type as Stand-up pouches, Flat pouches, Rollstock, Gusseted bags, Wicketed bags, Wraps, and Others. Based on material the market is segmented in Plastic films, Paper, Aluminum foil, and Bioplastics. Based on Printing Technology the market is segmented in Flexography, Rotogravure, Digital printing, and Other printing technologies. Based on Application, the global market is segmented in Food & beverage, Healthcare, Cosmetics & toiletries, and Others.

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