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The flexible packaging market size is forecast to increase by USD 51.6 billion at a CAGR of 5.97% between 2023 and 2028. The market is experiencing substantial expansion due to several key factors. Firstly, there is a rising demand for pouch packaging solutions due to their numerous benefits, including convenience, portability, and extended product shelf life of pouches. Secondly, there is a growing consumer consciousness towards eco-friendly and sustainable packaging options. As a result, there is an increasing preference for biodegradable packaging materials. Lastly, minimizing food wastage is a critical consideration, and pouch packaging effectively preserves food freshness and reduces spoilage. These trends are expected to continue shaping the growth of the pouch packaging market in the food and beverage sector. Consumers' priorities are shifting towards more sustainable and eco-friendly options, making it essential for businesses to adapt to these changing preferences. Additionally, the convenience and extended shelf life offered by pouch packaging make it an attractive option for both manufacturers and consumers. The market's growth trajectory is expected to remain strong as these trends continue to shape the industry.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Material
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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