The Global Resealable Films Market Expected to Grow 4.4% by 2030
Fact.MR says its new report gives insights about key segments, projections and trends of the global resealable films market. The market is currently valued at $4.8 billion in 2020 and is expected to grow to $7.4 billion with a CAGR of 4.4% by 2030.
The report finds the resealable films market is experiencing significant setbacks due to COVID-19, as demand is directly linked to the growth of end-use industries. “The ongoing COVID-19 pandemic has hit market players adversely on the supply side, causing declining sales of resealable films. However, increasing consumer inclination towards flexible packaging, aesthetically pleasing and convenient products is expected to surge the growth of the global resealable films market over the coming years,” says a Fact.MR analyst.