Rising demand from end-use industries such as healthcare, personal care, food and beverages, and pharmaceuticals is boosting the global flexible packaging market, according to Transparency Market Research. A report, titled “ Flexible Packaging Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019 ”, has been published by TMR and is available for sale on the company’s website. The report indicates that in terms of value, the global flexible packaging market is poised to grow from US$73.5 bn in 2012 to US$99.1 bn by 2019, registering a 4.4% CAGR from 2013 to 2019. By volume, the market is estimated to grow from 18,666.0 kilo tons in 2012 to 24,728.7 kilo tons in 2019, expanding at a 4.1% CAGR during that time. On the basis of product, the flexible packaging market is fragmented into paper, plastic, aluminum, and cellulosic. Owing to its cost-effectiveness and durability, plastic accounted for a whopping 70.0% of the overall market i...
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