#FlexiblePackagingMarket

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Flexible Packaging Market Scope, Size, Share, Trends, Forecast By 2031

The global packaging industry has witnessed exponential growth in recent years, especially since the creation of flexible films. Flexible packaging allows packaging to take shape as per the product or as desired to suit the said requirements. This kind of packaging is often found in non-rigid structures such as tubes, pouches, shrink films, bags, and carded packaging.

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The flexible packaging industry is one of the most vibrant segments of the packaging industry, owing to its increased functional benefits. Ease of handling and storage, convenience, and overall cost savings are some of the major factors that have contributed to the flexible packaging’s continued success. The global flexible packaging market has cemented itself in the packaging industry with its positive attributes and numerous technical developments. Apart from this, cost, source reduction advantages, and performance coupled with the high barrier resins and value-added features have tremendously contributed to the growth of the flexible packaging over the rigid packaging.

Evolving Landscape of Food and Beverage Industry to Benefit Flexible Packaging Market

The evolving food and beverage industry is expected to contribute more than 50% of the total demand for flexible packaging globally. The majority of the key players operating in the food and beverage industry are shifting towards the utilization of flexible packaging units as a replacement for traditional rigid packaging formats to provide improved storage efficiency, marketability, and source reduction. Additionally, convenience features and the utilization of high-performance materials are expected to aid gains in terms of volume, as these additions can make flexible packaging formats more competitive in more demanding applications, as compared to rigid packaging formats.

The emergence of dual-income families, shrinking household sizes, and the amplifying snacking trend are some of the demographic factors that have further promoted the demand for flexible packaging in the food and beverage industry. Pouches and lightweight bags are expected to witness increased demand for the unit packaging of different food products including frozen food, baked goods, meat and poultry, candies, and many others. The global food and beverage industry is also witnessing a major shift towards flexible packaging formats for products that contain high liquid contents, right from soups to cocktails. Convenience and ease of use, extended shelf life, food safety, environmental friendliness, branding functionality, and adaptability are the competitive benefits offered by flexible packaging formats to food and beverage brands across the market.

Pouches Segment to Dominate Global Flexible Packaging Market

By product type, the pouches segment is expected to witness the fastest gains in the forecast period, owing to the emerging trends that favor high-performance pouches over commodity types. Pouches are one of the most versatile flexible packaging formats in different industrial applications that can stand upright on shelves and providing the intended air-tight closures, ease of handling, and food safety.

The increasing demand for pouches is also triggered by its ability to provide multiple layers of protection that are customizable to accommodate a variety of products. Majority of the companies operating in the food and beverage industry are increasingly adopting the use of pouches, so as to ensure food safety and extended shelf life. Pouches also offer the flexibility of being tailored to offer customized sizes, styles, and designs to attract customers. These are the major factors contributing to the high growth rate of pouches in the global flexible packaging market.

Asia Pacific Anticipated to Hold Potential Opportunities for Flexible Packaging Market

Asia Pacific is expected to dominate the global packaging industry, accounting for more than 35% of the global share in the flexible packaging market. This can be attributed to the rapid pace of urbanization, dynamically growing middle class, economic growth, rising disposable income, booming e-commerce, and increased preference for ready-to-eat meals and smaller packaging units, especially in the developing countries such as India, China, Japan, and few others. The aging demographic in these countries are expected to trigger the growth in pharmaceutical, medical, and hospital packaging.

The increasingly sophisticated and growing flexible packaging industry and upstream supply base have heightened the expectations for flexible packaging in these countries. According to the IBEF, India is a high potential market for the processed food industry owing to its large population, which further stimulates the demand for flexible packaging. The well-organized retail industry, the emergence of hypermarkets/supermarkets, and the supporting government policies are the factors that will further boost the development of flexible packaging market in this country.

Competitive Landscape: Slightly Fragmented Market Structure

Some of the key players operating in the flexible packaging market are Amcor PLC, Ampac Holdings, Wheel Flexible Packaging, Eagle Flexible Packaging, Sanjeev Flexi-Pack Pvt. Ltd., UFlex Limited, Constantia Flexibles Group GmbH, Sonoco Products Company, Bemis Company, Inc., Mondi Group, Coveris Holdings S.A., Clondalkin Group Holdings B.V., Sealed Air Corporation, ProAmpac, and few others. Majority of the key players are focusing on business expansion through different strategies including acquisitions, partnerships, mergers, and product-development strategies.

[sophiareddy123]

The Flexible Packaging Market is segmented by Material Type (Plastic (Polyethene, Bi-orientated Polypropylene, Cast polypropylene, Polyvinyl Chloride, Ethylene Vinyl Alcohol), Paper, Aluminum Foil), Product Type (Pouches, Bags, Films, and Wraps)

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Flexible Packaging 2021 | Business Opportunity, Growth Strategies & Forecast Report By 2027

The Flexible Packaging Market Report, in its latest update, highlights the significant impacts and the recent strategical changes under the present socio-economic scenario. The Flexible Packaging industry growth avenues are deeply supported by exhaustive research by the top analysts of the industry. The report starts with the executive summary, Followed by a value chain and marketing channels study. The report then estimates the CAGR and market revenue of the global and regional segments.

Base Year: 2020

Estimated Year: 2021

Forecast Till: 2027

The report classifies the market into different segments based on type and product. These segments are studied in detail, incorporating the market estimates and forecasts at regional and country levels. The segment analysis is helpful in understanding the growth areas and potential opportunities of the market.

Get | Download FREE Sample Report of Global Flexible Packaging Market @ https://www.decisiondatabases.com/contact/download-sample-429

A special section is dedicated to the analysis of the impact of the COVID-19 pandemic on the growth of the Flexible Packaging market. The impact is closely studied in terms of production, import, export, and supply.

The report covers the complete competitive landscape of the Worldwide Flexible Packaging market with company profiles of key players such as:

Amcor

Bemis

AEP Industries

Coveris Holdings

American Packaging

Innovia Films

Printpack

Sealed Air

MeadWestvaco

Rexam

Wipak

Sonoco Products

Cellpack

Anchor Packaging

Flextrus

Exopack

Fres-co System USA

Hood Packaging

Constantia Flexibles

JL Packaging

Sigma Plastics

Oracle Packaging

Phoenix Closures

Rollprint Packaging Products

Safta

Glenroy

Schur Flexibles

PaharPur 3P

Sudpack Verpackungen

Pactiv

CL&D Graphics

Huhtamaki

Clondalkin Group

PERUPLAST

Want to add more Company Profiles to the Report? Write your Customized Requirements to us @ https://www.decisiondatabases.com/contact/get-custom-research-429

Flexible Packaging Market Analysis by Substrates:

Biaxially Oriented Polypropylene (BOPP)

Cast Polypropylene

Biaxial Oriented Polyamide (BOPA) And Cast Polyamide (CPA)

Biaxially-Oriented Polyethylene Terephthalate (BOPET)

Polyethylene (PE)

Ethylene Vinyl Alcohol (EVOH)

Polyvinyl Chloride (PVC)

Recycled Cellulose Fiber (RCF)

Aluminium Foil

Paper

Others

Flexible Packaging Market Analysis by Material

Plastic Pouches And Bags

Stand-Up Pouches

Converted Rollstock

Industrial Flexible Packaging

Other

Flexible Packaging Market Analysis by End-Use

Food And Beverages

Pet Food

Cosmetics And Toiletries

Pharmaceuticals And Medical

Tobacco

Non-Food

Flexible Packaging Market Analysis by Geography:

North America (USA, Canada, and Mexico)

Europe (Germany, UK, France, Italy, Russia, Spain, Rest of Europe)

Asia Pacific (China, India, Japan, South Korea, Australia, South-East Asia, Rest of Asia-Pacific)

Latin America (Brazil, Argentina, Peru, Chile, Rest of Latin America)

The Middle East and Africa (Saudi Arabia, UAE, Israel, South Africa, Rest of the Middle East and Africa)

Key questions answered in the report:

What is the expected growth of the Flexible Packaging market between 2022 to 2027?

Which application and type segment holds the maximum share in the Global Flexible Packaging market?

Which regional Flexible Packaging market shows the highest growth CAGR between 2022 to 2027?

What are the opportunities and challenges currently faced by the Flexible Packaging market?

Who are the leading market players and what are their Strengths, Weakness, Opportunities, and Threats (SWOT)?

What business strategies are the competitors considering to stay in the Flexible Packaging market?

Purchase the Complete Global Flexible Packaging Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-429

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DecisionDatabases.com is a global business research report provider, enriching decision-makers, and strategists with qualitative statistics. DecisionDatabases.com is proficient in providing syndicated research reports, customized research reports, company profiles, and industry databases across multiple domains. Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors. We provide intellectual, precise, and meaningful data at a lightning speed.

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[rozersmith021]

The global flexible packaging market was worth US$ 112.8 Billion in 2019. Packaging is often termed as an economical means of providing protection, convenience, containment and compliance to a product during its storage, transportation, display, and usage.

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Flexible Packaging Market offers huge growth opportunities for the future

Competitive Insights: The leading players in the market are Mondi, Sonoco, Huhtamaki Group, Bemis Company, Constantia Flexibles, Amcor Rigid Plastics India Pvt Ltd and Wipak Group.

Get Sample Copy of This Report @ https://www.crystalmarketresearch.com/report-sample/CM03648 .

The Flexible Packaging Market is segmented as follows- By Material: Paper Aluminum Polymer Polypropylene Polyethylene terephthalate Polyethylene Others Cellulosic

By Product: Four side seal pouches Pillow pouches Stand-up pouches Others

By Application: Healthcare Industrial Food & beverage Personal care

Industry Outlook and Trend Analysis: The Flexible Packaging Market was worth USD 143.21 billion in 2014 and is expected to reach approximately USD 223.50 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 5.07% during the forecast period.

Table of Contents: 1.ntroduction 2.Executive Summary 3.Market Overview 4.Flexible Packaging Market, By Application 4.1.ntroduction 4.2.Global Flexible Packaging Sales, Revenue and Market Share by Application (2014-2017) 4.3.Flexible Packaging MarketAssessment and Forecast, By Application, 2014-2023 4.4.Food & Beverage 4.5.Personal care 4.6.Healthcare 4.7.ndustrial 5.Flexible Packaging Market, By Material 5.1.ntroduction 5.2.Global Flexible Packaging Sales, Revenue and Market Share by Material (2014-2017) 5.3.Flexible Packaging MarketAssessment and Forecast, By Material, 2014-2023 5.4.Polymer 5.5.Paper 5.6.Aluminum 5.7.Cellulosic To be Continued…

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Material Outlook and Trend Analysis: Polymers were one of the major contributing materials, represented more than 70% of general industry income in 2015. Cost effectiveness and durability has brought about significant demand among consumers. Rising ecological concerns and stringent government control with respect to CO2 emission may drive industry towards more eco-accommodating and biodegradable materials including cellulosic and bioplastics. Developments in shale gas, developing PE film usage and diminishing cost of PE resin will trigger the polyethylene flexible packaging request. High moisture barrier, significant low temperature execution, high strength and capacity to seal with no covering are a few properties impacting material penetration.

Product Outlook and Trend Analysis: Stand up pouches and pillow pockets are most broadly used in flexible packaging products. Pillow pockets will encounter high picks up in light of their expanding use in food & beverages and dairy industry. High sealing ability and cost efficient transportation is a portion of the key properties emphatically impacting product penetration. High barrier properties against oxygen and moisture combined with low material usage and savvy properties will fuel the stand-up pouches demand.

Application Outlook and Trend Analysis: Expanding spending on bread kitchen and oat products alongside rising customer awareness relating to food safety and cleanliness will drive the business development in this section. Digital printing technology is broadly made use of as a part of this industry to effectively label on the flexible packaging. Improved safety, efficient energy consumption, less maintenance and limiting waste are a portion of the valuable elements upgrading advanced printing.

Regional outlook and Trend Analysis: Europe flexible packaging market, driven by Russia and Germany will observe substantial growth throughout the estimate time frame. Expanding interest of consumers for beautifiers and processed food attributable to the rising buying force will drive local development. United States flexible packaging market was worth around USD 30 billion in 2015 and is set to witness huge additions. Extension in medical, confectionery and dairy industry, technological advancement in boundary materials combined with rising retail business, stand up pouches use will trigger the business development.

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About Crystal Market Research: Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.

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The Flexible Packaging Market was worth USD 143.21 billion in 2014 and is expected to reach approximately USD 223.50 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 5.07% during the forecast period.

[your-abhijit-shelke-fan-blog]

The Flexible Packaging Market was worth USD 143.21 billion in 2014 and is expected to reach approximately USD 223.50 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 5.07% during the forecast period.

[your-abhijit-shelke-fan-blog]

The Flexible Packaging Market was worth USD 143.21 billion in 2014 and is expected to reach approximately USD 223.50 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 5.07% during the forecast period.

[your-abhijit-shelke-fan-blog]

The Flexible Packaging Market was worth USD 143.21 billion in 2014 and is expected to reach approximately USD 223.50 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 5.07% during the forecast period.

[your-abhijit-shelke-fan-blog]

The Flexible Packaging Market was worth USD 143.21 billion in 2014 and is expected to reach approximately USD 223.50 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 5.07% during the forecast period.

[your-abhijit-shelke-fan-blog]

The Flexible Packaging Market was worth USD 143.21 billion in 2014 and is expected to reach approximately USD 223.50 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 5.07% during the forecast period.

[your-abhijit-shelke-fan-blog]

The Flexible Packaging Market was worth USD 143.21 billion in 2014 and is expected to reach approximately USD 223.50 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 5.07% during the forecast period.

[your-abhijit-shelke-fan-blog]

The Flexible Packaging Market was worth USD 143.21 billion in 2014 and is expected to reach approximately USD 223.50 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 5.07% during the forecast period.

[your-abhijit-shelke-fan-blog]

The Flexible Packaging Market was worth USD 143.21 billion in 2014 and is expected to reach approximately USD 223.50 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 5.07% during the forecast period.

[your-abhijit-shelke-fan-blog]

The Flexible Packaging Market was worth USD 143.21 billion in 2014 and is expected to reach approximately USD 223.50 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 5.07% during the forecast period.

[your-abhijit-shelke-fan-blog]

The Flexible Packaging Market was worth USD 143.21 billion in 2014 and is expected to reach approximately USD 223.50 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 5.07% during the forecast period.