Conference Food, Drinks, Packaging ASEAN Flexible Packaging Summit 2023

Circular economy"The growing industrialization in South East Asian region is constantly increasing the demand for packaging options to increase the shelf life of products and maintain their quality for a long time. This has made flexible packaging an immensely significant part of various industries like food and beverage, consumer electronics, etc. and with the growth in these industries, the Southeast Asia Pacific flexible packaging market is expected to thrive in the coming years. However, the stringent regulations regarding raw materials and recyclability can severely hamper the market growth in the projected period. Plastic is a major component of the flexible packaging market and lately, this segment has witnessed some concerns regarding increasing pollution, its non-biodegradable issue, etc. that can severely impact this market's performance in Southeast Asia Pacific countries.