Global Flexible Packaging Market to Exhibit 5.20% CAGR 2016–2024 as Demand for Sustainable Packaging Solutions Rises
The global flexible packaging market has been gaining traction, thanks to the technological advancements in material science that have allowed key manufacturers to design innovative flexible packaging. Flexible packaging is comparatively easy to store and handle, making transportation of goods more convenient. By the end of 2016, the global market for flexible packaging is estimated to be worth US$238.5 bn and is projected to reach a value of US$358.7 bn by 2024. The market is expected to register a 5.20% CAGR between...
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