Market Research Reports, Inc. has announced the addition of “Global Flexible Packaging Market Outlook (2014-2022)" research report to their website www.MarketResearchReports.com
Lewes, DE -- (SBWIRE) -- 08/25/2015 -- The Flexible packaging market estimates the market size in terms of value and volume, the global flexible packaging market is expected to grow at a compound annual growth rate (CAGR) of 10.31% and reach US$147.4 billion by 2022 from $67.2 billion in 2014.
Substitutions of Traditional packaging and Retail Chains are the most important drivers for the market growth. Environmental legislations and rising cost of materials are the factors hampering the market growth. The opportunity for the market growth lies in concentrating on developing nations or emerging economies.
Global Flexible Packaging market is mainly segmented by Material, by End User and by Geography. Based on Material, the market is segmented into Polypropylene, Leather, Aluminum, Paper, Plastic, Cellulosic, Polyethylene and others. Based on End User, the market is segmented into Food, Cosmetics and toiletries, Beverages, Tobacco, Personal Care and Pharmaceutical. Flexible Packaging market, by geography is segmented into North America, Europe, Asia Pacific and Rest of the World. Asia Pacific has the largest market for Flexible packaging market.
The key players in the Flexible Packaging market include, Cell pack Packaging, Britton Group, Ampac Holdings, Llc, Clondalkin Group, Amcor Limited and Bemis Company.
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