Flexible Packaging Market was worth US$104.527 billion in 2016 and is estimated to reach US$138.680 billion by 2022, at CAGR of 4.87% over the forecast period.
Asia Pacific region is the biggest market for flexible packaging solutions, followed by Americas (North and Latin America) and Europe Middle East and Africa region.
Most of the demand for flexible packaging solutions is originating from developing economies like China, India, Brazil, and Mexico among others due to high economic growth, increasing population and rising disposable income.
Changing consumer preferences with regards to packaging is also one of the major factors augmenting the demand for flexible packaging products.
The Flexible Packaging market has been segmented by products, material, application, printing technology, end-user industry, and geography as below: