FLEXIBLE PACKAGING MARKET ANALYSIS

Flexible Packaging Market, By Material (Plastic, Paper, Metal, Bioplastics, and Others), By Product Type (Stand-up Pouches, Vacuum Pouches, Retort Pouches, Converted Roll Stock, Gusseted Bags, Wicketed Bags, Laminated Tubes, Squeezable Bottles, and Others), By Application (Food & Beverage, Pharmaceutical, Cosmetics, and Others), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)

In January 2024, Snickers introduced a novel product packaged in mono material flexible packaging. This initiative reflects its dedication to sustainability and its efforts to minimize their ecological footprint. Mono material packaging refers to packaging made from a single type of material, which simplifies the recycling process and enhances recyclability.
In 2023, Pakka, a packaging company made a significant contribution to sustainable packaging in India by launching the country's first compostable flexible packaging. This innovative step showcases Pakka's commitment to environmental responsibility and its endeavor to address the growing concerns regarding plastic waste.
In 2023, Huhtamaki, a packaging company launched sustainable flexible packaging innovation
In April 2022, Amcor Limited, a packaging company, announced the addition of new & more sustainable high shield laminates to its pharmaceutical packaging portfolio. The new low carbon, recycle-ready packaging options deliver on two fronts, providing the high barrier and performance requirements needed for the industry while supporting pharmaceutical companies’ recyclability agendas.