Global Flexible Plastic Packaging Market, By Type (Stand-Up Pouches, Flat Pouches, Rollstocks, Gusseted Bags, Wicketed Bags, Wraps and Others), Material (Plastic Films, Paper, Aluminum Foil and Bioplastics), Printing Technology (Flexography, Rotogravure, Digital Printing and Other Printing Technologies), Application (Food and Beverage, Healthcare, Cosmetics and Toiletries, Industrial and Institutional, Tobacco Products and Other Applications), and Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Global Flexible Plastic Packaging Market
The flexible plastic packaging market is expected to witness market growth at a rate of 4.85% in the forecast period of 2021 to 2028. Data Bridge Market Research report on flexible plastic packaging market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the demand from end-use industries and increasing e-commerce sales is escalating the growth of flexible plastic packaging market.
Flexible packaging is known to be one of the fastest-growing segments in the packaging industry, and it integrates the best properties of film, plastic, paper and aluminum foil to provide a wide range of protective qualities. It fundamentally takes the shape of a pouch, bag, liner, or overwrap, or any part of a package whose shape can readily be changed. Such packaging is utilized for consumer products and in industrial applications, to protect, market, and distribute a variation of products.
Major factors that are expected to boost the growth of the flexible plastic packaging market in the forecast period are the cost-efficiency and improved product shelf-life. Furthermore, the economising the packaging material utilization is further anticipated to propel the growth of the flexible plastic packaging market. On the other hand, the strict regulations are further projected to impede the growth of the flexible plastic packaging market in the timeline period.
In addition, the maintainable and new flexible plastics packaging solutions will further provide potential opportunities for the growth of the flexible plastic packaging market in the coming years. However, the recyclability of plastics might further challenge the growth of the flexible plastic packaging market in the near future.
This flexible plastic packaging market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on flexible plastic packaging machine market, contact Data Bridge Market Research for an Analyst Brief. Our team will help you take an informed market decision to achieve market growth.
Global Flexible Plastic Packaging Market Scope and Market Size
The flexible plastic packaging market is segmented on the basis of type, material, printing technology and application. 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 type, the flexible plastic packaging market is segmented into stand-up pouches, flat pouches, rollstocks, gusseted bags, wicketed bags, wraps and others. Stand-up pouches is further sub segmented into standard stand-up pouches and retort stand-up pouches. Flat pouches is further sub segmented into standard flat pouches and retort flat pouches.
- On the basis of material, the flexible plastic packaging market is segmented into plastic films, paper, aluminum foil, bioplastics. Plastic films is further sub segmented into polypropylene, polyethylene, poly vinyl chloride, biaxiallyoriented polyethylene terephthalate, ethylene vinyl alcohol, polyamide and polystyrene.
- On the basis of printing technology, the flexible plastic packaging market is segmented into flexography, rotogravure, digital printing and other printing technologies.
- On the basis of application, the flexible plastic packaging market is segmented into food and beverage, healthcare, cosmetics and toiletries, industrial and institutional, tobacco products and other applications.
Flexible Plastic Packaging Market Country Level Analysis
The flexible plastic packaging market is analyzed, and market size, volume information is provided by country, type, material, printing technology and application as referenced above.
The countries covered in the flexible plastic packaging market report are the 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 the Middle East and Africa (M.E.A.) as a part of the Middle East and Africa (M.E.A.), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the flexible plastic packaging market due to the rise in the demand for flexible packaging solutions. Furthermore, the increase in the disposable income will further boost the growth of the flexible plastic packaging market in the region during the forecast period. Asia-Pacific is also further projected to observe significant amount of growth in the flexible plastic packaging market due to the rise in the production, exports and imports. Moreover, the utilization of products such as food and beverages and medicines is further anticipated to propel the growth of the flexible plastic packaging market in the region in the coming years.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact 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, downstream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Flexible Plastic Packaging Market Share Analysis
The flexible plastic packaging market competitive landscape provides details by a 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 plastic packaging market.
The major players covered in the flexible plastic packaging market report are Amcor plc, CONSTANTIA, Sealed Air, Bemis Company, Inc., Huhtamäki, Coveris, Sonoco Products Company, Berry Global Inc., Mondi, CLONDALKIN GROUP, Carlyle Investment Management L.L.C., Bischof + Klein SE & Co. KG, RPC bpi group., ProAmpac., Gascogne Flexible, Printpack., Sigma Plastics Group, American Packaging Corporation., Glenroy, Inc and Cosmo Films Ltd. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (M.E.A.) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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