Product ID: SQMIG15A2190
Report ID:
SQMIG15A2190 |
Region:
Global |
Published Date: April, 2024
Pages:
184
|
Tables:
59 |
Figures:
75
North America dominated the global flexible packaging market, with the US as the largest market in the region, which is home to some of the largest players in the industry. The high market penetration of ready-to-eat meals and the busy lifestyles of working-class personnel in the US have contributed to the growth of the flexible packaging market in the country. Moreover, the increasing demand for sustainable packaging solutions due to regulatory pressures has led to a surge in demand for flexible packaging in the region. The US market is expected to continue its dominance in the region during the forecast period.
APAC is expected to witness significant growth during the forecast period, owing to the increasing demand for packaged food and the rise of the middle-class population. China is the dominant market in the region, driven by the increasing demand for flexible packaging from the food and beverage industry. Moreover, the growth of the e-commerce industry in the region has increased the demand for flexible packaging solutions, as they provide convenience and cost-effectiveness for shipping and storage.
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Product ID: SQMIG15A2190