Flexible Packaging Market Size, Share 2020 | Industry Overview by Emerging Growth Rate, Industry Size, Share, Cost Structure and Future Forecast by 2024

The “Flexible Packaging Market” report includes a comprehensive analysis of the current market status, major key players, latest challenges and opportunities in the market. Flexible Packaging market report delivering key insights and providing a competitive benefit to clients through a detailed report. Flexible Packaging industry report provides data about company profile, price, and business strategy. All information presented in the report is collected from primary and secondary research methods. It also includes historic data, present and future Flexible Packaging market trends, environment, and technological innovation of the industry.

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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

Some of the Top Key Players of Flexible Packaging Market Report Are:

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

Flexible Packaging Market Report Highlights:

Market Dynamics – Drivers, Restraints, and Opportunities
Market Segmentation – Types, Applications, Regions, and Technology
Market Trends
Competitive Landscape
SWOT Analysis and Porter’s Five Forces Analysis

Scope of the Report: include North America, Europe, 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.

In this study, the years considered to estimate the market size of Flexible Packaging :

History Year: 2013-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2024

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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

The Report Covers:

Comprehensive research methodology of Flexible Packaging market
In-depth analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the global sleep aid market
Insights about market determinants which are stimulating the global Flexible Packaging market
Detailed and extensive market segments with regional distribution of forecasted revenues
Extensive profiles and recent developments of market players Companies Mentioned

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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 Europe
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