Global Flexible Packaging Market Research Report - Forecast to 2025
Published | 01 July 2019
According to Blueweave Consulting, the global Flexible
packaging market is poised to reach XX.XX Billion by the end of 2025 and
projected to surge significantly with a CAGR of X.XX% during the forecast
period. The market is compelled by various factors like augmented consumption
of processed foods & beverages, improvement in flexible packaging coupled
with enhanced product offering and environmental friendly advantage of flexible
packaging.
Flexible products include rollstock, bags, pouches,
labels/wraps, lidding, shrink sleeves and stretch film. Presently flexible
packaging denotes the fastest growing segment of the packaging industry and is
used, to protect, market, and distribute a vast array of product for consumer
and institutional products. Packaging allows the products to reach various
destinations coupled with the augmentation of the look of products in
combination with the extension of their shelf life, without getting spoiled
owing to jerks, drops, and external force along with climatic conditions like
dust and rain.
Plastic type is projected to lead the entire market and
estimated to maintain its dominance throughout the forecast period of
2019-2025, registering a CAGR of XX.XX%. Due to the multipurpose usage of
plastics in cosmetic packaging, properties like less cost, weight and corrosion
resistance enhance the growth of plastic in this industry. Though, the
Asia-Pacific has the top market share and is likely to be the fastest growing
market. However, paper segment is likely to increase at a high pace and
projected to touch USD X.XX billion by 2025. Rapid urbanization, substantial
growth of the emerging economies, and increasing innovative product offering is
expected to play a crucial role in enhancing the Flexible packaging demand over
the forecast period.
Based on the product, pouches segment is projected hold the
largest market share registering more than XX% in the year 2018. Increase in
consumer spending, strict standards & laws, advancement in technology in
emerging economies are projected to have a positive impact on the development
of market growth over the forecast period. However, stand-up pouches is
anticipated to be fastest growing product with a CAGR of X.XX% and likely to
touch X.XX billion by 2025 owing to high barrier properties against moisture
and oxygen coupled with low material usage and cost effective properties.
Based on the printing
technology, the market is segmented into Flexography, Digital Printing, and
other.
Among them, Flexography segment holds the largest market
share and is likely to be fastest growing printing technology in the market.
On the basis of
application, market can be bifurcated into Food & Beverages, Personal Care,
Pharmaceuticals, and Others. Food & Beverages applications anticipated as
the most lucrative segment and expected to touch XX.X billion by 2025.
Geographically, the global Flexible packaging market is
analyzed across North America, Europe, Asia Pacific, Middle East & Africa,
and Latin America. In 2018, the Asia-Pacific accounted for the maximum market
share of XX.X% lead by China & India and projected to dominate the overall
Flexible packaging market over the forecast period.
Key Players
The key players of global flexible packaging market includes
Amcor Limited (Victoria), Constantia Flexibles Group GmbH (Austria), Mondi
Group (Johannesburg), Sealed Air Corporation (North Carolina), Sonoco Products
Company (U.S.), Coveris Holdings S.A. (U.S.), Huhtamaki Group (Finland), Bemis
Company Inc. (U.S.) and Ampac Holdings LLC (U.S.).
Objective of Global
Flexible Packaging Market Analysis & Forecast, 2025
·
Region-level demand analysis and forecast of the
study market
·
Study of the effect of exogenous &
endogenous factors viz. demographic, economics, and political factors, which
affect the global Flexible Packaging market
·
Porter’s five forces market analysis to
determine competitive scenario
·
Segment and sub-segment level analysis of the
market over the historical as well as forecast period
·
Identification of key factors instrumental in
the changing market scenario, such as tapping new market opportunities, and
gaining competitive edge.
Target Audience
·
Manufacturers
·
Distributer & Supplier companies
·
End Users
·
Consultants and Investment Bankers
·
Research Institute / Education Institute
Key Findings
·
The global flexible packaging market is projected
to touch USD XX.XX billion by the end of 2025.
·
By material, Plastic segment holds the largest
market share with an annual growth rate of X.XX% over forecast period.
·
Pouch segment dominates the flexible packaging
market registering a CAGR of X.XX% and likely to reach XX.XX billion by 2025.
·
By printing technology, Flexography technology
accounts for the largest market share during forecast period
· Food & Beverages segment is the most lucrative application in flexible packaging market registering an annual growth rate of more than XX% during forecast period
·
Geographically, Asia-Pacific dominates the
global flexible packaging market followed by North America.
The reports also
cover country level analysis:
North America
·
US
· Canada
Europe
·
Germany
·
U.K.
·
France
·
Italy
·
Russia
· Rest of Europe
Asia – Pacific
·
China
·
Thailand
·
India
·
Australia
· Others
MEA
·
Saudi Arabia
·
UAE
· Rest of MEA
Latin America
·
Brazil
·
Argentina
·
Rest of Latin America
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