Flexible packaging Market Forecast 2024 to 2032
Flexible packaging refers to a type of
packaging that is characterized by its ability to change shape, conform, and
adapt to the product it contains. It is made from various flexible materials
such as plastic films, aluminum foil, paper, and laminates, which can be easily
molded, folded, or manipulated. Flexible packaging is commonly used to package
a wide range of products, including food items, beverages, personal care
products, pharmaceuticals, and more.
The Flexible packaging Market was valued at
USD 22,052.22 Million in 2022 and is expected to register a CAGR of 4% by 2032.
Flexible packaging offers convenience to
consumers by being lightweight and easy to carry. It often includes resealable
features, making it ideal for on-the-go consumption and reducing product waste.
This key factor is expected to drive global market growth during the forecast
period.
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