Flexible
Plastic Packaging Market Global Research Report 2017 Analysis & Forecast to
2023
Flexible packaging is one of the
fastest growing segments of the packaging industry, and it integrates the best
qualities of plastic, film, paper and aluminum foil to offer an extensive range
of protective properties. It essentially takes the shape of a bag, pouch,
liner, or overwrap, or any part of a package whose shape can readily be
changed. Such packaging is used for consumer products and in industrial
applications, to protect, market, and distribute a variety of products.
According to the Market Research
Future analysis, Flexible Plastic Packaging Market is expected to
reach the market size of ~USD 129 billion by the end of forecast period
with CAGR of ~5.2% between 2017 and 2023.
Analysts state
that Amcor Limited(Victoria), Constantia
Flexibles Group GmbH (Austria), Mondi Group (Johannesburg), Sealed Air
Corporation (North Carolina), Sonoco Products Company (U.S.), Coveris Holdings
S.A. (U.S.), Huhtamaki Group (Finland), Bemis Company Inc. (U.S.) and Ampac
Holdings LLC (U.S.) are some of the major companies operating in this
business market.
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