Multi-material Flexible Packaging Market
Multi-material Flexible Packaging Market Scope: Industry Analysis, Market Size, Growth, Trends Till
2031
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Multi-material Flexible Packaging Market Size and Growth
The Multi-material Flexible Packaging market is experiencing robust growth, driven by rising demand for sustainable packaging solutions across various industries. In 2023, the market size is valued at approximately $30 billion, with an expected CAGR of 4-6% over the next five years, reflecting increasing consumer preferences for eco-friendly and innovative packaging options.
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Companies Covered
(Covid 19 Impact Covered)
◍ DS Smith PLC
◍ Mondi PLC
◍ Lacroix Emballages SA
◍ Nefab Packaging Inc
◍ Tri-Wall Group
◍ AVERY DENNISON CORP
The Multi-material Flexible Packaging Market features major players like DS Smith, Mondi, and AVERY DENNISON, focusing on innovative, sustainable solutions. These companies enhance market growth through advanced technologies and eco-friendly products.
Sales revenues:
- DS Smith: €7.72 billion
- Mondi: €7.0 billion
- AVERY DENNISON: $8.0 billion
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Market Segmentation
By Application
◍ Pharmaceutical
◍ Electronics
◍ Food and Beverages
◍ Medical Devices
◍ Transportation and Logistics
◍ Others
By Product
◍ Polyethylene (PE)
◍ Polypropylene (PP)
◍ Polyamide (PA)
◍ EVOH
◍ Polyethylene Terephthalate (PET)
◍ Others
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Market Growth
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$ X Billion USD
