Flexible Packaging Market as Forecasted by Research Nester to be on Account of Growing Sales and Development of Medicines
The recent market research analysis of “Flexible Packaging Market: Global Demand Analysis & Opportunity Outlook 2033” by Research Nester delivers an in-depth competitors analysis and a detailed overview of the global flexible packaging market in terms of market segmentation by type, material, printing technology, end-user industry, and by region over the forecast period, i.e., 2023-2033.
Further,
for the in-depth analysis, the report encompasses the industry growth
indicators, restraints, supply and demand risk, along with a detailed
discussion on current and future market trends that are associated with the
growth of the global flexible
packaging market. These analyses
help organizations identify a continuous flow of growth opportunities to
succeed in an unpredictable future. Additionally, the growth opportunities
exposed by the market are poised to gain significant momentum in the next few
years.
Flexible packaging market to find numerous growth
opportunities on the back of higher consumption of the ready-to-drink beverage,
finds Research Nester
The
global flexible packaging market is estimated to grow majorly on account of the
increasing demand for packaging in the automotive industry and growing sales of
personal care products. As of 2022, the
global personal care segment was estimated to generate around USD 10 billion in
revenue. Additionally, the spiking distribution of ready-to-eat food and
skyrocketing increment in the net national income is further expected to fuel
the growth of the market over the forecast period. For instance, approximately USD 55 billion was solely generated by the
ready-to-eat meals segment.
The
global flexible packaging market is segmented on the basis of end-user industry into food & beverage, cosmetics,
pharmaceuticals, automotive, and others. The pharmaceuticals segment is to garner the highest revenue by the
end of 2033 by growing at a significant CAGR over the forecast period. The
growth of the segment can be ascribed to the increasing demand for flexible
packaging in the pharmaceutical industry on the back of the booming consumption
of tablets and other medicines. For
instance, in 2021, the pharma industry was estimated to touch off revenue of
about USD 1.5 trillion.
Access our detailed report at: https://www.researchnester.com/reports/flexible-packaging-market/4644
By region, the Asia Pacific flexible
packaging market is to generate
the highest revenue by the end of 2033. This growth is anticipated by a significant
surge in health expenditure and booming demand for medicines due higher
prevalence of chronic diseases and the rising population. For instance, in Asia, around 50% of people die due to non-communicable
diseases every year. Hence, such factors are estimated to propel the growth
of the market over the forecast period.
The
research is global in nature and covers detailed analysis on the flexible
packaging market in North America (U.S., Canada), Europe (U.K., Germany,
France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC
[Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe),
Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific
(China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia,
New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi
Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of
Middle East and Africa). In addition, analysis comprising of global flexible
packaging market size, Y-O-Y growth & opportunity analysis, market players’
competitive study, investment opportunities, demand for future outlook etc. has
also been covered and displayed in the research report.
Consult
our expert analysts at: info@researchnester.com or contact us at:
https://www.researchnester.com/contact for any customized report.
This
report also provides the existing competitive scenario of some of the key
players of the global flexible
packaging market
which includes company profiling of ProAmpac
Intermediate, Inc., Amcor Limited, Printpack, Inc., Bemis Company, Inc., Huhtamäki Oyj, Berry
Global Inc., Glenroy,
Inc., Mondi plc, DS Smith plc, Sealed Air Corporation, and others. The
profiling enfolds key information of the companies which encompasses business
overview, products and services, key financials and recent news and
developments. On the whole, the report depicts detailed overview of the global flexible packaging market
that will help industry consultants, equipment manufacturers,
existing players searching for expansion opportunities, new players searching
possibilities and other stakeholders to align their market centric strategies
according to the ongoing and expected trends in the future.
Request Report Sample@
Research Nester is a leading service provider for
strategic market research and consulting. We aim to provide unbiased,
unparalleled market insights and industry analysis to help industries,
conglomerates and executives to take wise decisions for their future marketing
strategy, expansion and investment etc. We believe every business can expand to
its new horizon, provided a right guidance at a right time is available through
strategic minds. Our out of box thinking helps our clients to take wise
decision in order to avoid future uncertainties.
Contact
for more Info:
AJ Daniel
Email: info@researchnester.com
U.S. Phone: +1 646 586 9123
U.K.
Phone: +44 203 608 5919
Comments
Post a Comment