flexible plastic packaging market growth 2020 With Top Countries Data, Opportunities by Regions
Flexible Plastic Packaging Market Overview After studying the market trends of the last few years, market experts anticipate that the global Flexible Plastic Packaging Market Size is going to reach up to USD 129 billion during the forecast period 2022-2028. The estimated CAGR for the market is around 5.2%. Flexible Plastic packages need a few resources so they are cheaper and easily available as compared to other packaging materials. Manufacturing plastic packages needs lesser fuel consumption so it is possible to save a significant amount of crude oil, natural gas, and coal. All these factors have contributed towards the flexible plastic packaging market growth significantly. The use of flexible plastic packaging increases the shelf-life of foods and beverages thus shipping and warehouse costs get saved. This is another reason for the continuous growth of this market throughout the globe. The steep rise in the consumption of processed foods and bev...