Flexible Packaging Market to grow at a CAGR of 6.93 percent for 2030, says Stellar Market Research
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  • Flexible Packaging Market to grow at a CAGR of 6.93 percent for 2030, says Stellar Market Research

    (Transportation-News.com, August 24, 2024 ) Overview:



    The Flexible Packaging Market is growing fast driven by convenience and innovation. Flexible packaging is available in the various formats like seal and resealable pouches, gusseted bags, stand-up pouches, microwavable pouches, spouted pouches, zipper and vacuum bags. Over 50% of flexible packaging is used in the food industry, with significant growth in processed fruits, vegetables, and ready-to-eat foods.



    Plastic pouches are particularly popular, contributing more than 25% growth due to their flexibility and convenience. Asia holds a dominant share, accounting for 40% of the global market, fueled by urbanization and rising demand for ready meals. However, concerns about environmental impacts from plastic use are leading to innovations and new strategies.





    To access more details regarding this research, visit the following webpage:https://www.stellarmr.com/report/Flexible-Packaging-Market/277







    Flexible Packaging Market Segmentation:



    By Material Type



    Plastic



    Paper



    Aluminum Foil



    Other Material Type



    By Product



    Pouches



    Bags



    Films & Wraps



    Other Product Types



    By End User Industry



    Food



    Beverage



    Pharmaceutical and Medical



    Household and Personal Care



    Other End-User Industries



    For in-depth information on this study, visit the following link:https://www.stellarmr.com/report/req_sample/Flexible-Packaging-Market/277



    Flexible Packaging Market Key Industry:



    Valvoline has introduced FlexFill, an innovative gear-oil packaging solution designed to make changing synthetic gear oil easier and more flexible.

    ProAmpac has launched ProActive Recyclable R-2000F, a recyclable film for frozen foods that is eligible for store drop-off recycling.

    Amcor has developed a dual-chamber pouch for drug-device combinations, enhancing protection against light, moisture, and oxygen to extend shelf life.

    Berry Global Inc.

    FlexPak Services LLC





    Stellar Market Research is leading Chemical and Material research firm, has also published the following reports:



    Carbon black Market size was valued at USD 23.48 Bn. in 2023 and the revenue is expected to grow at a CAGR of 5.1% from 2024 to 2030, reaching nearly USD 33.04 Bn. by 2030.



    White Coal Market size was valued at USD 3.23 Bn. in 2023 and the total revenue is expected to grow at a CAGR of 8.5 % from 2024 to 2030, reaching nearly USD 5.72 Bn. by 2030.



    About Stellar Market Research:



    Stellar Market Research provided detailed market research. They research many topics like Healthcare, Pharmaceuticals, Electronics and communications, Chemical and Material, Food and Beverages, Aerospace and defense, and other sectors. The company provide numerous services i.e. consultancy, Market Intelligence, Syndicate Research etc. to help executives in any organization and consumers achieve their mission-critical goals.



    Stellar Market Research

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    akash.r@stellarmr.com

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