Rise in demand from the food & beverage industries, surge in e-commerce sales, and cost-effective and increased product shelf life drive the growth of the global flexible packaging market. The market across Asia-Pacific dominated in 2020, accounting for nearly two-fifths of the market. On the other hand, rise in public awareness regarding health issues and …
Tag Archives: Flexible Foam Industry
Flexible Foam Market | One the Most Booming Industry in Upcoming Years Due to Global Demand in Industry by 2027
According to the report published by Allied Market Research, the global flexible foam market generated $44.1 billion in 2019, and is estimated to reach $61.3 billion by 2027, registering a CAGR of 5.2% from 2020 to 2027. The report offers an extensive analysis of the changing market dynamics, key winning strategies, business performance, major segments, …
Flexible Foam Market Increasing Demand and Analysis Explorer Growth Trends by Forecast 2027
A lead analyst at AMR highlighted the flexible foam market in Asia-Pacific is anticipated to grow at the fastest CAGR during the forecast period, due to the presence of diverse end-use industries including packaging, automotive, and packaging industries. Allied Market Research published a research report on the flexible foam market. The findings of the report …
Flexible Foam Market Key Growth Drivers, Current & Upcoming Industry Trends and Top Key Players Analysis
The global flexible foam industry was pegged at $44.0 billion in 2019, and is projected to reach $61.3 billion by 2027, growing at a CAGR of 5.2% from 2020 to 2027. Drivers, restraints, and opportunities- Infrastructural development, favorable public-private partnerships, and expansion of residential & commercial sector have boosted the growth of the global flexible foam market. However, fluctuations in prices of …