Pharmaceutical Sector's Growing Demand Propels Plastic Bag Market to US$ 34,424.5 Million by 2033 | Future Market Insights, Inc.

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is likely to rise at 6.4% CAGR.

Over the assessment period from 2023 to 2033, global food bag sales are likely to soar at 6.8% CAGR.

The global jumbo bags market would surpass a valuation of US$ 6.1 billion in 2023. It would further expand at a CAGR of 4.2% from 2023 to 2033. Jumbo bags sales are predicted to exceed a valuation of US$ 9.9 billion by 2033.

The global converted flexible packaging market is set to enjoy a valuation of US$ 302.5 billion in 2023, and further expand at a CAGR of 4.7% to reach US$ 478.9 billion by the year 2033. 

The flexible plastic packaging market size is projected to be valued at US$ 108.3 billion in 2023 and is expected to rise to US$ 171.6 billion by 2033. The sales of flexible plastic packaging are expected to grow at a significant CAGR of 4.7% during the forecast period. 

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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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