The recent market research analysis of “Flexible Plastic Packaging CoatingMarket: Global Demand Analysis Opportunity Outlook 2033” by Research Nester delivers an in-depth competitors analysis and a detailed overview of the global flexible plastic packaging coating market in terms of market segmentation by type, substrate, application, end-user, and by region over the forecast period, i.e., 2023-2033.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with a detailed discussion on current and future market trends that are associated with the growth of the global flexible plastic packaging coating market. These analyses help organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future. Additionally, the growth opportunities exposed by the market are poised to gain significant momentum in the next few years.
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Flexible plastic packaging coating market to find numerous growth opportunities on the back of skyrocketing sales of tablets capsules, finds Research Nester
The global flexible plastic packaging coating market is estimated to grow majorly on account of the rising demand for plastic packaging coating in skin care and automotive industry. For instance, the revenue generated by the skin care segment was estimated to be about USD 8 billion. Additionally, the spiking development and manufacturing of medicines and growing consumption of toffee and candy is further expected to fuel the growth of the market over the forecast period. In 2021, the total sales of hard sugar candy were estimated to be approximately USD 500 million.
The global flexible plastic packaging coating market is segmented on the basis of end-user into food beverage, cosmetics, pharmaceuticals, automotive, and others. The pharmaceuticals segment is to garner the highest revenue by the end of 2033 by growing at a significant CAGR over the forecast period. The growth of the segment can be ascribed to the highly emerging demand in the pharmaceutical industry. It was estimated that in 2021, the pharma segment reached around USD 1.5 trillion.
By region, the Asia Pacific flexible plastic packaging coating market is to generate the highest revenue by the end of 2033. This growth is anticipated by the higher utilization of cosmetics by the population and booming demand for ready-to-eat meals in the region. For instance, the Indian cosmetics segment was estimated to generate total revenue of USD 7 billion by the year 2016.
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The research is global in nature and covers detailed analysis on the flexible plastic packaging coating market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising of global flexible plastic packaging coating market size, Y-O-Y growth opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.
This report also provides the existing competitive scenario of some of the key players of the global flexible plastic packaging coating market which includes company profiling of American Packaging Corporation, PPG Industries, Inc., Glenroy, Inc., Akzo Nobel N.V., Sierra Coating Technologies LLC, Koninklijke DSM N.V., Paramelt B.V., DuPont de Nemours, Inc., Amcor Limited, Mondi plc, The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global flexible plastic packaging coating market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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