Research and Markets, Dublin, Ireland, has added the Flexible Packaging Market - Forecasts from 2017 to 2022 report to its offering.

According to the report, the flexible packaging market was worth $104.527 billion in 2016, and is estimated to reach $138.680 billion by 2022, at a CAGR of 4.87% over the forecast period.

Asia Pacific region is the biggest market for flexible packaging solutions, followed by Americas (North and Latin America), and Europe Middle East and Africa region.

Most of the demand for flexible packaging solutions is originating from developing economies such as China, India, Brazil, and Mexico, among others due to high economic growth, increasing population, and rising disposable income.

Changing consumer preferences with regards to packaging is also one of the major factors augmenting the demand for flexible packaging products.

The report segments the flexible packaging market by products, material, application, printing technology, end-user industry, and geography.