The Global Flexible Packaging Market Growth at a rate of 4.70% in the forecast period 2022 to 2028

Market Analysis and Insights - Global Flexible Packaging Market 

Flexible packaging market will reach an estimated valuation of USD 384.02 million by 2028, while registering this growth at a rate of 4.70% for the forecast period of 2021 to 2028. Flexible packaging market report analyses the growth, which is currently being growing due to the rapid growth in global pharmaceutical industry.

For a number of purposes, flexible packaging is a solution that corporations turn to. It's a less-expensive material for starters, but it also provides great durability and product safety. Flexible packaging can be customized to the extreme. It can be customized to suit the needs of the clients. In order to suit your product, brand, and other business needs, manufacturers can practically create packaging of any shape and size.

Rising packaged foods demand, changing consumer preferences due to busy lifestyles and smaller household units demand products that are easy to open, store, use, carry, and dispose, and that cater to their on-the-go lifestyles, growing inclination of consumers towards convenience products, rising usages of the product as a substitute of rigid packaging materials, increasing growth of the cosmetics industry across the globe are some of the major as well as important factors which will likely to augment the growth of the flexible packaging market in the projected time frame of 2021-2028. On the other hand, rising demand of the product with longer shelf life along with rising use of biodegradable plastics due to increased awareness about eco-friendly products among consumers which will further contribute by generating massive opportunities that will lead to the growth of the flexible packaging market in the above mentioned projected timeframe.

Volatility in the prices of raw material along with rising number of concerns regarding the environment and recycling which will likely act as market restraints factor for the growth of the flexible packaging in the above mentioned projected timeframe. Increasing processing cost will become the biggest and foremost challenge for the growth of the market.

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Global Flexible Packaging Market  Size

Flexible packaging market is segmented on the basis of product, material, end use industry, and technology. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.

• On the basis of product, the flexible packaging market is segmented into pouches, bags and sacks, tubes, liners, sachets and stick packs, labels, tapes, films and wraps. Pouches have been further segmented into stand-up pouches, and flat pouches. Films and wraps have been further segmented into wrapping and lamination, and lidding films.   

• Based on material, the flexible packaging market is segmented into plastic, paper, metal, inorganic oxides, adhesives and coatings, and others. Plastic segment has been further segmented into polyethylene (PE), polypropylene (PP), polyethylene terephthalate (PET), polyvinyl chloride (PVC), polyamide (PA), ethyl vinyl alcohol (EVOH), polyvinyldiene chloride (PVDC), bioplastics, and other plastics. Polyethylene (PE) has been further sub segmented into LDPE, LLDPE, and HDPE. Polypropylene (PP) has been further sub segmented into CPP, and BOPP. Bioplastics have been further sub segmented into PLA, PHA, starch based plastic, and cellulose fibers. Paper segment has been further segmented into virgin paper, and recycled paper. Others have been further segmented into fabrics, and non-wood pulp.

• On the basis of end use industry, the flexible packaging market is segmented into food, beverages, personal care and cosmetics, pharmaceuticals, electrical and electronics, home care, building and construction, automotive, chemicals and lubricants, and other industries.

• Based on technology, the flexible packaging market is segmented into flexography, digital printing, and others.

Global Flexible Packaging Market  Country Level Analysis

Flexible packaging market is analysed and market size, volume information is provided by country, product, material, end use industry, and technology as referenced above.

The countries covered in the flexible packaging market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific dominates the flexible packaging market due to the increasing demand for packaged food along with rising disposable income of consumers in the region. The Middle East and Africa region is expected to hold the largest growth rate due to the increasing growth of the pharmaceutical industry along with rising healthcare expenditure.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

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The large scale Market report gives a clear idea about the market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, possible future trends, and market demand and supply scenarios. Outstanding practice models and excellent methods of research have been utilized to generate this global marketing report that aids businesses to uncover the greatest opportunities to prosper in the market. And for the same, all the major topics of the market research analysis that includes market definition, market segmentation, competitive analysis, major developments in the market, and top-notch research methodology have been covered in the credible Market report.

Global Flexible Packaging Market  Share Analysis

Flexible packaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to the flexible packaging market.

Key Players Global Flexible Packaging Market 

The major players covered in the flexible packaging market report are Amcor plc; Sealed Air; Berry Global Inc.; Mondi; Sonoco Products Company; Huhtamaki; Constantia Flexibles; WINPAK LTD.; ProAmpac.; Coveris.; Schur Flexibles Holding GesmbH; International Paper.; CCL Industries.; Smurfit Kappa; Stora Enso; WestRock Company.; Pactiv LLC; Oji Holdings Corporation.; DS Smith; NIPPON PAPER INDUSTRIES CO., LTD.; among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

MAJOR TOC OF THE REPORT

• Chapter One: Introduction

• Chapter Two: Market Segmentation

• Chapter Three: Market Overview

• Chapter Four: Executive Summary

• Chapter Five: Premium Insights

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