(PharmaNewsWire.Com, September 16, 2019 ) Market Overview: Flexible packaging refers to a package or material made of flexible and easily yielding materials, that when filled or closed can be readily changed into multiple shapes. It is composed of plastics, papers, and metals as the critical components of flexible packaging products, which are made from foil, paper sheet, laminated paper, and plastic layers.
Market Dynamics: Flexible packaging products have the advantage to produce in various shapes and sizes at low cost. It offers convenient features such as zip-locks and plastic closures. Due to their convenience and functionality, it is widely used in packaging food products. These are some of the factors propelling the market growth.
However, Low-value flexible packaging materials are difficult to recycle, for reusing them in packaging, which is restraining the market growth.
Market Segmentation: By Packaging Form Pouches Bags Wraps Roll Stocks Blister and Strip Packs Others
By Raw Material Plastics Paper Aluminum Foils Others
By Application Food & Beverage Healthcare Personal and Household Care Others
Geographical Analysis: Based on Geography, the market is segmented into: North America Europe South America Asia Pacific The Middle East and Africa
Competitive Analysis: Key Players: Amcor Inno Pack Huhtamaki Group Prepack Thailand Pongslip Plastic Company Siam Flexible Company Others
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