Flexible packaging is essentially a package or container made of flexible or materials that, when filled or closed, can bend while still holding the shaperials used can be paper, plastic film, foil or any combination of these. Flexible packages are used for consumer and in industrial applications, to protect, market, and distribute a vast array of products. Flexible products include rollstock, bags, pouches, labels/wraps, lidding, shrink sleeves and stretch film. The market is driven by various factors such as increased consumption of processed foods & beverages, innovation in flexible packaging, and environmental advantage of flexible packaging. However, flexible packaging has various restraints that hinder the market growth such as fluctuating raw material prices and stringent regulations on packaging material waste and recycling.

The global flexible packaging market has been segmented based on material, product, printing technology, and application. On the basis of material, the study indicates, plastic accounted for the largest market share and is expected to be fastest growing material in the market. Based on product, market can be segmented into pouches, bags, wraps, and others. The study indicates, pouches segment accounted for the largest market share and is expected to be fastest growing product in the market. Pouches are available in different types such as stand-up pouches, retort pouches, and pillow pouches.



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Key Players
The key players of global flexible packaging market includes Amcor Limited (Victoria), Constantia Flexibles Group GmbH (Austria), Mondi Group (Johannesburg), Sealed Air Corporation (North Carolina), Sonoco Products Company (U.S.), Coveris Holdings S.A. (U.S.), Huhtamaki Group (Finland), Bemis Company Inc. (U.S.) and Ampac Holdings LLC (U.S.). 
• Omni-ID
Objective of Global Flexible Packaging Market Analysis & Forecast, from 2017 to 2023
• Region-level demand analysis and forecast of the study market
• Study of the effect of exogenous & endogenous factors viz. demographic, economics, and political factors, which affect the global Flexible Packaging market
• Porter’s five forces market analysis to determine competitive scenario
• Segment and sub-segment level analysis of the market over the historical as well



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Key Findings
• The global flexible packaging market is expected to reach USD 342.85 billion by 2023.
• By material, Plastic segment in flexible packaging market accounts for the largest market share and is growing with approximately ~6.56% CAGR during forecast period.
• By product, pouch segment in flexible packaging market accounts for the largest market share and is growing with approximately ~6.95% CAGR during forecast period
• By printing technology, Flexography segment in flexible packaging market accounts for the largest market share and is growing with approximately ~5.59% CAGR during forecast

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