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Forecasted to register 5% CAGR with Asia Pacific experiencing a 6.5% CAGR during the same period.
August 30, 2019
By: Anthony Locicero
Copy editor, New York Post
According to a report by GMI Insights, the global flexible packaging market will register a 5% CAGR and be worth more than $250 billion by 2024. The market will grow due to the surging demand from various end-use sectors such as food and beverage, healthcare, personal care, and industrial. Shifting trends toward convenient packing are influencing the manufacturers to adopt flexible packaging techniques, driven by its lightweight characteristic. The flexible packaging market in Asia Pacific was...
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