flexible packaging market is expected to be worth USD 230.78 billion, growing at a 4.9% CAGR

Due to several factors, the flexible packaging market trends are expected to increase during the projected period. One of the key drivers is the sharp shift in customer preference for processed foods. The components are attractive and lightweight. The detrimental impacts of non-degradable items are now known to consumers. The products are packaged efficiently and sustainably thanks to the flexible packaging. Compared to other packaging materials, plastic, paper, aluminum, and foil all require less storage. Additionally, the packaging costs for bakery, confectionery, and other commodities are significantly lower.

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