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Global Flexible Plastic Packaging Market Is Registering a Healthy 4.8% CAGR Between 2019 And 2025

Published on Oct 13, 2020

prithvisinha5562
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The Global Flexible Plastic Packaging Market is estimated to reach USD 152.5 Billion by 2025 at a CAGR of 4.8 %, says forencis research (FSR). Flexible packaging is replacing the traditional rigid packaging due to numerous advantages which include convenience in handling and disposal, savings in transportation costs, etc. Flexible packaging consists of monolayer as well as multilayer films of plastics. Multi-layered laminated sheets of plastics consist of Polyethylene, Polypropylene, Polyethylene Terephthalate, and Polyvinyl Chloride. Surging demand for flexible plastic packaging from food & beverage, healthcare, and cosmetic industries are boosting the growth of the market.

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