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Flexible Packaging Market Size Is Anticipated To Reach USD 373.34 Billion By 2030

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  San Francisco, 4 Sep 2024:  The Report  Flexible Packaging Market  Size, Share & Trends Analysis Report By Material (Plastic, Paper, Metal, Bioplastic), By Product (Pouches, Bags, Films & Wraps, Rollstock), By Application, By Region, And Segment Forecasts, 2024 - 2030 The global flexible packaging market size is expected to reach USD 373.34 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.8% from 2024 to 2030. This market growth is owing to the growing importance of increasing food shelf life and growing adoption of sustainable and cost-effective packaging by end-users. The shelf life of food products depends on factors such as storage conditions, packaging material, and exposure to microorganisms, oxygen, light, and moisture. The flexible packaging consists of plastic films with high barrier properties. The high-barrier properties efficiently block the transmission of moisture, light, and oxygen from contacting sensitive foods

Flexible Packaging Market Size Is Expected To Reach USD 373.34 Billion By 2030

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  San Francisco, 26 May 2023:  The Report   Flexible Packaging Market  Size, Share & Trends Analysis Report By Material (Plastic, Paper, Metal, Bioplastic), By Application (Food, Beverages, Pharmaceutical, Cosmetic), By Region, And Segment Forecasts, 2023 - 2030 The global flexible packaging market size is expected to reach USD 373.34 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.7% from 2023 to 2030. Growing consumer driven demand for packaged food and beverage products owing to its convenience and ease of consumption is expected to drive market growth.     Flexible packaging products are lightweight, take less space in transportation, are cheaper to manufacture, and use less plastic, thus present more environmentally friendly profile than rigid products. Increasing emphasis on use of sustainable packaging products globally is expected to bolster the demand for flexible packaging products during the forecast