The flexible packaging market is expected to witness significant growth from 2019 to 2026, according to recent market research reports. The demand for flexible packaging is increasing across various industries, including food and beverage, pharmaceuticals, and personal care, among others. This growth can be attributed to the advantages offered by flexible packaging solutions such as convenience, lightweight, and extended shelf life of products.
Key players in the Flexible Packaging Market are actively investing in research and development to introduce innovative and sustainable packaging solutions. They are also focusing on strategic partnerships, mergers, and acquisitions to expand their product portfolios and market reach. Some of the key players in the flexible packaging market include Amcor Limited, Sealed Air Corporation, Huhtamaki Group, Mondi Group, and Berry Global Inc.
The market is expected to witness substantial growth due to the increasing demand for flexible packaging solutions, especially in emerging economies. Rapid urbanization, changing consumer lifestyles, and the rising trend of on-the-go consumption are factors driving the growth of the flexible packaging market.
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