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Global Flexible Packaging Market 2021 Share, Growth by Top Company, Region, Application, Driver, Trends & Forecast

Flexible Packaging

The report focuses on the favorable Global “Flexible Packaging market” and its expanding nature. The Flexible Packaging market report provides a comprehensive study of the market segmentation, service providers, stockholders, sponsors, and important market players, size, and share, market dynamics such as the growth drivers, restraints, challenges, and opportunities.

Market Overview:

  • The flexible packaging market was valued at USD 241.41 billion in 2018 and is expected to reach a value of USD 303.24 billion by 2024 at a CAGR of 3.87%, over the forecast period (2019—2024). The regions considered

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    Key Manufacturers

  • Amcor Ltd.
  • Berry Global Inc.
  • Bemis Company Inc.
  • Mondi Group
  • Sealed Air Corporation
  • Coveris Holdings SA
  • Comexi Group Industries SAU
  • Coherent Inc.
  • Sei SpA
  • WIPF Doypak (Wipf AG)
  • FlexPak Services LLC
  • Laser Packaging Manufacturing PTE Limited
  • Mespack (A Duravant Company)
  • Sonoco Products Company

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

    Flexible Packaging market report focuses on the latest trends in the global and regional spaces on all the significant components, including the capacity, cost, price, technology, supplies, production, profit, and competition. Moreover, the old data and present development of the Flexible Packaging market have been given in the scope of the report. The latest trends, product portfolio, demographics, geographical segmentation, and regulatory framework of the Flexible Packaging market have also been involved in the study.

    Scope of the Report: include North America, , Asia-Pacific, Latin America, and Middle East & Africa.

  • – The ways in which consumers interact with packages have been changing. With a growing focus on sustainability, traditional rigid packaging solutions are being replaced by innovative, flexible packaging solutions. Increasing market demands for consumer-friendly packages and enhanced product protection have propelled flexible packaging as a viable and cost-effective alternative.
  • – The ever-increasing demand for packaged food and beverages is expected to impact the flexible packaging industry. Cigarettes and associated tobacco products are other major products in the flexible packaging industry, with cigarettes expected to surpass bottled water and beet regarding packaging volume, by 2020.
  • – As packaging witnesses innovation across different aspects, the growing economies and the consequent rise in the individual purchasing power are expected to boost the growth of the premium packaging products.
  • Flexible Packaging is a package like bags and pouches that can be modified and are of free shape. The world of flexible packaging for commodity goods and services is a high volume, low margin world of a product polymer manufacturer. It includes a wide range of processes, ranging from extrusion, slitting, and rewinding to printing, coating, and lamination.

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    TOC of Flexible Packaging Market Report Covered:

    Introduction, Research Methodology, Executive Summary, Key Inferences, Market Overview, Flexible Packaging market Dynamics, Market Segmentation, Competitive Landscape, Key Players, Future of the Market, and continued…

    Reasons to Purchase Flexible Packaging Market Report Covered:

    • The report analyses how Flexible Packaging market will grow in the future.
    • Analyzing various perspectives of the Flexible Packaging market with the help of Porter’s five forces analysis.
    • Study on the product type that is expected to dominate the market and regions that are expected to witness the fastest growth during the forecast period
    • Recognize the new developments, Flexible Packaging market shares and policies employed by the major market players.
    • Competitive landscape including the Flexible Packaging market share of major players along with the key policies accepted for development in the past five years
    • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis and strategies employed by the major Flexible Packaging market players

    Key Market Trends:

    Beverage Segment Holds Significant Share in Flexible Packaging Market

    – Flexible packaging not only plays a pivotal role in reducing beverage and product waste but also allows online brands to reinvigorate their packaging, in order to enhance the e-commerce experience.
    – The US Dairy Export Council (USDEC) and Food Innovation and Resource Center (FIRC) at Singapore Polytechnic are leveraging the rising dairy demand by creating Southeast Asian food with reduced salt and sugar, using the US dairy ingredients.
    – Southeast Asia is the second-largest market for US dairy exports, and the market was valued at USD 690 million, in 2017. In terms of consumer trends, according to USDEC, Southeast Asian customers are increasingly being conscious of artificial food ingredients, and are preferring flexible packaging that would significantly preserve the integrity of natural and clean label products.
    – The prevalence of flexible packaging in the beverage sector is quite evident when browsing through the selection in the vending machines. The products for sales are convenient, single-use, and mostly packaged in flexible films.ckaging.

    Asia-Pacific to Grow Lucratively in Future

    – Asia-Pacific is the largest market for the packaging industry, accounting for over 40% of the world’s consumption.
    – The main customers of the folding carton industry in the region are the healthcare, tobacco products, household care, and hardware and electrical markets. With the growing Asian economy, all these markets are performing extremely well, outperforming the world as a whole, in terms of percentage growth.
    – The greatest opportunity for the flexible packaging market in Asia, lies in the online retail market containing both the largest market, China, and the fastest-growing market, India. China consumed 585.7 billion units of flexible packaging in 2016, and the packaging market in China witnessed continued growth, owing to the fast-paced growth in the consumer goods segment.
    – These demands from the region have urged the companies to invest in technologies enhancing the production capacity by offering advanced pa

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    Study objectives of Flexible Packaging Market Report:

    • To provide a detailed analysis of the market structure along with the Flexible Packaging market forecast of various segments and sub-segments of the Flexible Packaging market
    • To provide insights into factors influencing and affecting market growth
    • To provide historical, current, and forecast revenue of market segments based on material, type, design, and end user
    • To provide historical, current, and forecast revenue of market segments and sub-segments with respect to regional markets and key countries
    • To provide strategic profiling of key players in the market, comprehensively analyzing their market shares, core competencies, and drawing a competitive landscape for the market
    • To provide economic factors, technology and Flexible Packaging market trends that influence the global Flexible Packaging market

    Detailed TOC of Flexible Packaging Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Introduction to Market Drivers and Restraints
    4.3 Market Drivers
    4.3.1 Increased Demand for Convenient Packaging
    4.3.2 Demand for Longer Shelf Life and Changing Lifestyle
    4.4 Market Restraints
    4.4.1 Concerns About the Environment and Recycling
    4.5 Value Chain / Supply Chain Analysis
    4.6 Industry Attractiveness – Porter’s Five Force Analysis
    4.6.1 Threat of New Entrants
    4.6.2 Bargaining Power of Buyers/Consumers
    4.6.3 Bargaining Power of Suppliers
    4.6.4 Threat of Substitute Products
    4.6.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Product Type
    5.1.1 Pouch
    5.1.2 Bag
    5.1.3 Wrap
    5.1.4 Other Product Types
    5.2 By Material
    5.2.1 Plastic
    5.2.2 Paper
    5.2.3 Aluminum
    5.3 By End-user Industry
    5.3.1 Food
    5.3.2 Beverage
    5.3.3 Pharmaceutical and Medical
    5.3.4 Household and Personal Care
    5.3.5 Other End-user Industry
    5.4 Geography
    5.4.1 North America
    5.4.1.1 United States
    5.4.1.2 Canada
    5.4.2
    5.4.2.1 Germany
    5.4.2.2 United Kingdom
    5.4.2.3 France
    5.4.3 Asia Pacific
    5.4.3.1 China
    5.4.3.2 India
    5.4.3.3 Japan
    5.4.3.4 Australia
    5.4.3.5 South Korea
    5.4.3.6 Rest of Asia-Pacific
    5.4.4 Latin America
    5.4.4.1 Brazil
    5.4.4.2 Mexico
    5.4.4.3 Argentina
    5.4.4.4 Rest of Latin America
    5.4.5 Middle East & Africa
    5.4.5.1 UAE
    5.4.5.2 Saudi Arabia
    5.4.5.3 South Africa
    5.4.5.4 Rest of Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Amcor Ltd.
    6.1.2 Berry Global Inc.
    6.1.3 Bemis Company Inc.
    6.1.4 Mondi Group
    6.1.5 Sealed Air Corporation
    6.1.6 Coveris Holdings SA
    6.1.7 Comexi Group Industries SAU
    6.1.8 Coherent Inc.
    6.1.9 Sei SpA
    6.1.10 WIPF Doypak (Wipf AG)
    6.1.11 FlexPak Services LLC
    6.1.12 Laser Packaging Manufacturing PTE Limited
    6.1.13 Mespack (A Duravant Company)
    6.1.14 Sonoco Products Company

    7 INVESTMENT ANALYSIS

    8 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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