Global Multilayer Flexible Packaging Market to 2027
Global Multilayer Flexible Packaging Market to 2027
Market Overview
Multilayer packaging is also called as co-extruded films because they are made by multilayer co-extrusion process. Multilayer packaging structures ranging from 3 to 12 layers and combination of several layers of different materials improves the physical and mechanical properties of the film including heat resistance, puncture, tear, and moisture and oxygen barrier properties.
Market Drivers
Rise in health awareness among consumers is the key driving factor which is expected to boost the global multilayer flexible packaging market growth. Further, increase in demand for multilayer flexible packaging in pharmaceutical industry will have the positive impact on global multilayer flexible packaging market growth. Moreover, rise in adoption of multilayer flexible packaging in food and beverages industry is expected to fuel the global multilayer flexible packaging market growth. Also, rise in investments from key competitors in research and development activities will propel the global multilayer flexible packaging market growth during this forecast period.
Market Restraints
However, stringent rules and regulations is the restraining factor which is expected to hamper the global multilayer flexible packaging market growth.
Market segmentation
Global Multilayer Flexible Packaging Market is segmented into material such as Polystyrene, Polyvinyl chloride, Polyamine, Polypropylene, Polyethylene, and Others, by type such as Flat Pouches, Stand-up Pouches, Rollstocks, and Others. Further, Global Multilayer Flexible Packaging Market is segmented into application such as Personal Care, Pharmaceutical, Healthcare, Food & Beverages, and Others.
Also, Global Multilayer Flexible Packaging Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed in this report such as Mondi plc, Coveris Holding S.A., Constantia Flexibles Group, Sigma Plastics Group, ProAmpac, Sealed Air Corporation, Amcor Limited, Toray Plastics,and Uflex
Market Taxonomy
By Material
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