Flexible Packaging Market Analysis

Printing Technology (Digital, Flexography, Flexography, Rotogravure)

The global flexible packaging market is segmented and analyzed for demand and supply by printing technology into digital, flexography, rotogravure, and others. Among all the three segments, the digital segment is estimated to garner a significant market share by 2037 owing to the easy printing procedure, precise use of ink, flexibility of the printing machine structure with high speed, and quality printing. The flexible packaging uses digital technology, as it offers a clear and vibrant finish that aids manufacturers. This printing process provides a rich print and a full range of tonal values. Digital printing is gaining huge popularity owing to its low cost, short-run, and sustainable properties. Applications of digital printing include newspaper supplements such as color magazines, catalogs, illustrated images, books, calendars, and advertising material. There were over 7400 magazine consumers in the U.S. in 2020, increasing from 7300 in 2019.

End-user (Food & Beverage, Cosmetics, Pharmaceuticals, Automotive)

The global flexible packaging market is segmented and analyzed for demand and supply by the end-user industry into food & beverage, cosmetics, pharmaceuticals, automotive, and others. Out of which, the pharmaceuticals segment is projected to witness noteworthy growth over the forecast period. The growth of the segment can be accounted to the increasing demand for and utilization of flexible packaging in the pharmaceutical industry. The packaging of medicines is really important to protect the products from loss or damage caused during handling and transport. Medicines must be protected from weather changes, including humidity, heat, and cold. Flexible packaging is extremely flexible and customizable, so it can be tailored to fit the needs of manufacturers. The material used in the manufacturing of flexible packages is high-grade material pouches and stand-up bags which are approved by Food and Drug Administration.

Our in-depth analysis of the global market includes the following segments: