The global medical flexible packaging market size was valued at USD 15.13 billion in 2020 and is estimated to expand at a CAGR of 6.2% during the forecast period, 2021–2028. The growth of the market is attributed to the extension of the global pharmaceutical market and to upsurge of medical product expenditure.
Yes ofcourse flexible packaging is an industry.* The Global market for flexible packaging is estimated at USD 65 Bn.* The US flexible packaging market is valued at USD 20 Bn.* The main end user being food industry at 50 %* Western European flexible packaging industry is valued at around USD 8 Bn.
Tinplate Packaging Market
The global semiconductor packaging market size is projected to expand at a considerable CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the increasing demand for consumer electronics in emerging economies.
The global medical marijuana market size is estimated to expand at a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the increasing awareness regarding various medical applications such as reducing eye pressure, pain management, and appetite improvement.
Bharat Book Bureau Provides the Trending Market Research Report on “Flexible Plastic Packaging Market by Packaging Type, Printing Technology, End-user Industry, Material and Region - Global Forecast to 2027”under Heavy Industry Research Report Category. The report offers a collection of superior Market research, Market analysis, competitive intelligence and Market reports. Global Flexible Plastic Packaging Market, Forecast 2027. The market for flexible plastic packaging is approximated to be USD 182.4 billion in 2022, and it is projected to reach USD 264.9 billion by 2030, at a CAGR of 4.8%. Among the five packaging types, pouches are the dominant type, owing to their exceptional features such as lightweight, vacuum sealing, and low package-to-product ratio, among others. Pouches are especially in demand in the food and beverage industry, where they are used for packaging various products such as coffee, tea, milk, ketchup, and other food items. Pouches popularity can be attributed to their high resale value and suitability for a wide range of products. By Packaging Type, Pouches accounted for the highest CAGR during the forecast period Pouches are Flexible plastic packaging materials that are commonly made of plastic or laminated materials, and they are used to package a wide range of products, including food and beverage items, personal care products, pharmaceuticals, and more. Pouches are lightweight, easy to transport, and can be designed to stand up or lie flat, making them ideal for both retail and transportation. They also offer a high level of product protection, are easily sealable, and can be customized to meet specific branding and marketing needs. The food and beverage industry is the primary user of pouches due to their ability to package products such as coffee, tea, milk, ketchup, and other food items. The demand for pouches in this industry is expected to continue to grow due to the convenience and durability they offer. Other industries, such as personal care and pharmaceuticals, are also adopting pouches due to their portability and ability to preserve product quality and freshness. By Material, Plastic accounted for the highest CAGR during the forecast period Flexible plastic packaging products, such as pouches and films, are commonly made of plastic and are used to package a wide range of products, including soaps, detergents, snacks, ketchup, chocolates, candles, and other food items. Plastic-based Flexible plastic packaging is expanding at a higher rate compared to rigid plastic packaging, as it serves a variety of functions such as increasing the shelf life of products, maintaining food safety, and offering barrier protection against heat, pathogens, and other external entities. This makes plastic a popular choice for packaging in various industries, including food and beverages, personal care, and household products. One of the key advantages of plastic-based Flexible plastic packaging is its lightweight and ability to be easily customized to meet specific product and marketing needs. Additionally, plastic packaging is highly versatile and can be used for both retail and transportation purposes. These factors, along with the increasing demand for convenience and eco-friendliness, are driving the growth of plastic-based Flexible plastic packaging during the forecast period. By End Use Industry, Personal care and cosmetics accounted for the highest CAGR during the forecast period Flexible plastic packaging provides the beauty industry with packaging options that appeal to environmentally conscious consumers. This type of packaging is airtight and offers a durable protective barrier that helps maintain the freshness of powders, gels, and oils sold by personal care and cosmetic companies. It is commonly used for packaging various items such as cosmetics, perfumes, soaps, as well as facial tissues and napkins. By Printing Technology, Flexography accounted for the highest CAGR during the forecast period Flexography is a popular printing technique utilized in the printing of flexible plastic packaging. The process involves various stages such as image preparation, plate creation, printing, and finishing. Unlike other printing methods, flexography uses flexible materials like plastic, rubber, and UV-sensitive polymer to make plates. About Bharat Book Bureau: Bharat Book is Your One-Stop-Shop with an exhaustive coverage of 4,00,000 reports and insights that includes latest Market Study, Market Trends & Analysis, Forecasts Customized Intelligence, Newsletters and Online Databases. Overall a comprehensive coverage of major industries with a further segmentation of 100+ subsectors. Contact us at: Bharat Book Bureau Tel: +91 22 27810772 / 27810773
As of July 2014, the market cap for Packaging Corporation of America (PKG) is $6,794,795,543.38.
As of July 2014, the market cap for KapStone Paper and Packaging Corporation (KS) is $3,072,901,758.50.
As of July 2014, the market cap for Graphic Packaging Holding Company (GPK) is $4,031,213,835.87.
Packaging Research is nothing but a Researching on packaging Market. In this include to invite new technologies for the packaging. From these New Technology we can get more safe for the products.
Medical Wearables Market
As of July 2014, the market cap for Flexible Solutions International Inc. (FSI) is $14,091,890.37
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