“The global flexible plastic packaging market size is projected to grow from USD 160.8 billion in 2020 to USD 200.5 billion by 2025, at a CAGR of 4.5% from 2020 to 2025.
The flexible plastic packaging market is expected to witness significant growth in the future due to its increased demand in end-use industries, such as food, beverage, cosmetic & personal care, and pharmaceutical.
Growth in modern retailing, high consumer income, and acceleration in e-commarce activities, especially in the emerging economies, are likely to support the growth of the flexible plastic packaging market during the forecast period“.
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