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- ASEAN Flexible Packaging Market Is Estimated To Witness High GrowthMarket Overview: Flexible packaging refers to packaging material that can be easily bent, folded, inflated or deflated without significantly altering its shape. It is lightweight, takes up less space in supply chain and transportation, and allows highly decorative graphics & designs to promote branding. The growing food & beverages industry in ASEAN countries has fuelled the demand for...0 Comments 0 Shares 1127 Views 0 Reviews
- ASEAN Flexible Packaging Market Is Estimated To Witness High Growth Owing To Increased Demand from Various IndustriesThe ASEAN Flexible Packaging Market is estimated to be valued at US$ 5138.98 million in 2021, and it is expected to exhibit a CAGR of 4.5% over the forecast period of 2022-2030, as highlighted in a new report published by Coherent Market Insights.A) Market Overview:Flexible packaging refers to packaging materials made of flexible or easily moldable materials such as plastic, aluminum, or paper....0 Comments 0 Shares 1110 Views 0 Reviews
- ASEAN's Growing Flexible Packaging MarketThe flexible packaging industry in the ASEAN region has seen tremendous growth over the past decade and is poised for further expansion to meet the evolving needs of consumers and businesses in Southeast Asia. Flexible packaging solutions such as pouches, bags, wraps and laminates are increasingly being adopted across multiple industries including food and beverages, consumer goods,...0 Comments 0 Shares 721 Views 0 Reviews
- The ASEAN flexible packaging market finds opportunities in the burgeoning e-commerce sectorSWOT Analysis Strength: The ASEAN region has emerging economies with growing middle-class population and rising disposable incomes which is increasing consumer spending and demand for packaged food and other consumer goods.Weakness: High dependency on raw material imports make the flexible packaging industry vulnerable to price volatility of key inputs like plastic resins and paper.Opportunity:...0 Comments 0 Shares 810 Views 0 Reviews
- The ASEAN flexible packaging market finds opportunities in the burgeoning e-commerce sectorSWOT Analysis Strength: The ASEAN region has emerging economies with growing middle-class population and rising disposable incomes which is increasing consumer spending and demand for packaged food and other consumer goods.Weakness: High dependency on raw material imports make the flexible packaging industry vulnerable to price volatility of key inputs like plastic resins and paper.Opportunity:...0 Comments 0 Shares 763 Views 0 Reviews
- The ASEAN Flexible Packaging Market is driven by growing e-commerce industryThe ASEAN flexible packaging market has been gaining significant traction over the recent past, due to the growing need for lightweight as well as convenient packaging. Flexible packaging provides excellent barrier properties along with cost efficiency. Flexible pouches, bags, films and wraps are superior in terms of brand communication compared to rigid packaging. They are produced from...0 Comments 0 Shares 87 Views 0 Reviews