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By packaging type, the stand-up pouch segment registered the highest growth in terms of revenue in 2022.
February 6, 2024
By: DAVID SAVASTANO
Editor, Ink World Magazine
According to a new report published by Allied Market Research, titled, “Flexible Packaging Market,” the flexible packaging market was valued at $197.4 billion in 2022, and is estimated to reach $325.8 billion by 2032, growing at a CAGR of 5.1% from 2023 to 2032. Various characteristics of plastics, paper, aluminum foil, and films, including enhanced protection, food safety, and increase the shelf life of products, are combined in flexible packaging. These versatile packaging supplies fu...
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