According to Persistence Market Research (persistencemarketresearch.com), the global flexible plastic packaging market has witnessed healthy growth. As the study states, the global flexible plastic packaging market is projected to witness a high 6.7% CAGR during the period assessment of 2017-2022. This is primarily due to:
The food and beverage segment is expected to dominate the market by end-use category with a share of 67.4% in 2017.