Global flexible packaging market was estimated at 19,800 kilo tons in 2014. Increasing population in developing countries namely India and China are expected to result in the rise in demand for food, thus leading to the growth of the market. Advantages of the product including variety in container packaging, less raw material, light weight and ease of disposal are anticipated to propel further growth. Market players have been increasingly focusing on compact packaging which has led to the development of pouch and flexible segment over the past years. Furthermore, reduction in storage requirements, shifting consumer preference towards various packaging designs and styles, and lower shipping costs is expected to drive the market. However, fluctuation in raw material prices is expected to restrain growth over the next seven years.
http://www.grandviewresearch.com/industry-analysis/global-flexible-packaging-market
No comments:
Post a Comment