Mary Joseph06 Jun, 2022News
According to the report title, ?Global Flexible Packaging Market Outlook, 2027?, publish by Bonafide research, the market was value at around USD 242 Billion in 2021 and it is anticipated to grow with the CAGR of more than 4.5%from 2022 to 2027. Increasing demand for ready-to-eat meals, packaged foods, fruit juices, water, meat, and seafood requires the proper packaging for handling and transportation. Import-export activities require the proper packaging. The Asia-Pacific region has been the dominating market in the flexible packaging market in the past years as well as in the forecast period. The Asia-Pacific flexible packaging market will be on an up-surging trend because of the rising demand in the packaged food market. Rising investments in the packaging market will lead to high demand for the flexible packaging market in the region.
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