Flexible Lid Stock Packaging Market Size, Business Revenue, Future Scope, Trends, Key Players And Forecast To 2022
Key Players
The key players of Flexible Lid Stock Packaging Market Size, are
- Amcor Ltd. (Australia)
- Bemis Company, Inc. (U.S.)
- Berry Plastics Corporation (U.S.)
- Mondi plc. (Austria)
- Sonoco Products Company (U.S.)
- EP Industries Ltd. (Alfreton, England)
- Wipak Germany GmbH (Germany)
- Anchor Packaging Inc. (U.S.)
- Coveris Holdings S.A. (U.S.)
- Sealed Air Corporation (U.S.) and others.
Intended Audience
- Flexible Lid Stock Packaging manufacturers
- Distributer & Supplier companies
- End Users
- consultants and Investment bankers
- Government as well as Independent Regulatory Authorities
Industry News
March 2019: Amazon came up with a decision to move toward lightweight flexible plastic mailers over its traditional cardboard boxes will likely set a trend for the rest of the industry, according to Wood Mackenzie Chemicals’ recent Q1 2019 Flexible Packaging Global Market Overview.
Market Segmentation
The global Flexible Lid Stock Packaging Market Size report has been analyzed based on types, applications and regions. On the basis of end-use, food & beverage segment has been dominating the market. Changing lifestyles the people globally, are leading to the increase in adoption of the pre-packaged food and beverages, leading to the growth of the Flexible Lid Stock Packaging Market Size,. The food packaged in flexible lid stock packaging are lighter than other packaging techniques and are preferred more during travel. They are also portable, which ensures the convenience of usage and storage.
Drivers & Trends
Recently, the trend of consumer’s lifestyle has changed drastically which has created dependency on consuming packaged food and other materials. This has led to the introduction of various new techniques of flexible packaging and hence driving the need and growth in the Flexible Lid Stock Packaging Market Size,.
The flexible lid stock packaging has sterile properties as well, which is highly used in keeping or packing medical equipment and devices. This quality and high usage is also propelling the market to grow constantly at a high CAGR.
Regional Analysis
Considering the criterion of geographical split according to MRFR’s reports, the market has covered major areas of North America, Europe, Asia-Pacific, and rest of the world.
Among them, Asia-Pacific is expected to lead with the global Flexible Lid Stock Packaging Market Size, owing to the increase in disposable income mainly in countries such as India and China. The other factors contributing to the growth of the market are convenient handling of the packages and the rising trend of smaller households which majorly use products stored in small flexible lid stock packages in the region.
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