Rising demand from the pharmaceutical and consumer-goods industry is the major factor propelling market growth. However, the strict protocols regarding recyclability & polymers is hampering market growth.
Based on the end user, the food and beverage packaging segment is estimated to have lucrative growth due to increasing developments and innovations in these industries fueling market growth. The growth of this segment regionally is via India, China, Italy, Taiwan, Turkey and Mexico, among others driving the development of flexible green packaging.
More info: Flexible Green Packaging - Global Market Outlook (2019 -2027)