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The research study on the 'global liquid packaging market' includes a comprehensive analysis of the primary growth catalysts, profitable avenues, and challenges & limitations that will impact the overall industry dynamics through 2027.
Market activity remains hot as Hybrid Software acquires software technology to accelerate packaging design and a new recycling facility for flexible packaging materials aims to be operational by 2023 in Minnesota.
One silver lining from the 2020 pandemic was how resilient businesses and workers became and how new forms of technology were adopted to keep operations running. For example, online conference calls allowed for business continuity, and now companies have adopted these hybrid approaches to business, including brands and printers.
Growth driven by rising consumption of cannabis for medical purposes, technological advancements in the packaging industry, and increasing legalization of cannabis across the globe.
A new study from Transparency Market Research says that the rising need for environmentally friendly packaging means stand-up pouches are projected to be in high demand.