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Flexible Packaging Market to Reach $315.5B by 2027 Globally: MarketsandMarkets

In terms of value and volume, the pouches segment is estimated to lead the flexible plastic packaging market in 2019.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

The global flexible packaging market is approximated to be $248.9 billion in 2022, and it is projected to reach $315.5 billion by 2027 at a CAGR of 4.8%, as per the recent study by MarketsandMarkets. A package or container that may easily change shape when full or closed is referred to as flexible packaging. Paper, plastic, film, foil, or any combination of these materials may be used in the construction of products. In terms of value and volume, the pouches segment is estimated to lead the f...

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