Global Converted Roll Stock Packaging Market, By Material (Plastic, Aluminum Foil, Others), Technology (Flexography, Rotogravure, Digital Printing, Others), Application (Food, Beverage, Pharma & Health Care, Personal Care & Cosmetics, Others), 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 Converted Roll Stock Packaging Market
The converted roll stock packaging market is expected to witness market growth at a rate of 4.20% in the forecast period of 2021 to 2028. Data Bridge Market Research report on converted roll stock 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 increase in demand for the product from the end-user industries is escalating the growth of converted roll stock packaging market.
Converted flexible refers to a type of packaging that includes combining of raw materials such as adhesives, polyesters, paper & paperboard and plastics among others with the purpose of creating new packaging results including bags, roll stocks and pouches among others. The packaging is extensively used in various industries such as food & beverages, consumer goods, pharmaceuticals and personal care.
The emergence of innovative packaging solutions with advancements in various fields of product performance acts as one of the major factors driving the growth of converted roll stock packaging market. The increase in utilization in end-use sectors such as food and beverage, pharmaceuticals and personal care and the rise in the adoption of packaging owning to the benefits connected with performance and cost when compared to the possible rigid packaging setups accelerate the converted roll stock packaging market growth. The rise in demand for further-processed food products such as convenience-oriented foods having high-barrier, premium packaging materials for higher shelf life further influence the converted roll stock packaging market. Additionally, increasing trend towards Eco-friendly formats, rise in demand for self-venting films, change in lifestyle, rapid urbanization and surge in disposable income positively affect the converted roll stock packaging market. Furthermore, introduction of sustainable and new flexible plastics packaging solutions, and increase in use as substitute for traditional packaging materials extends profitable opportunities to the converted roll stock packaging market players in the forecast period of 2021 to 2028.
On the other hand, implementation of stringent regulations and issues with poor infrastructure facilities for recycling are the factors expected to obstruct the converted roll stock packaging market growth. Difficulties with recyclability of plastics are projected to challenge the converted roll stock packaging market in the forecast period of 2021-2028.
This converted roll stock packaging market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, 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 converted roll stock packaging market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Converted Roll Stock Packaging Market Scope and Market Size
The converted roll stock packaging market is segmented on the basis of material, 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 material, the converted roll stock packaging market is segmented into plastic, aluminum foil and others.
- On the basis of technology, the converted roll stock packaging market is segmented into flexography, rotogravure, digital printing and others.
- On the basis of application, the converted roll stock packaging market is segmented into food, beverage, pharma & health care, personal care & cosmetics and others.
Global Converted Roll Stock Packaging Market Country Level Analysis
The converted roll stock packaging market is analyzed and market size, volume information is provided by country, material, technology and application as referenced above.
The countries covered in the global converted roll stock 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 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 converted roll stock packaging market due to the economic growth, expanding working population, rising domestic demand for ready-to-eat & convenience food products and growth of food, beverage, pharmaceutical and personal care & cosmetics industries in the region. North America is expected to witness significant growth during the forecast period of 2021 to 2028 because of the rapid growth in the retail industry and presence of prominent players in the region.
The country section of the converted roll stock packaging market 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.
Competitive Landscape and Converted Roll Stock Packaging Market Share Analysis
The converted roll stock 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 converted roll stock packaging market.
The major players covered in the converted roll stock packaging market report are Berry Global Inc., Amcor plc, Mondi, Constantia Flexibles, Sonoco Products Company, Sealed Air, Huhtamaki, Coveris, CLONDALKIN GROUP, Transcontinental Inc., Novolex, Bischof + Klein SE & Co. KG, UFlex Limited, ProAmpac, Aluflexpack AG, PPC Flexible Packaging LLC, C-P Flexible Packaging, Swiss Pack, Printpack, Wihuri, Sigma Plastics Group 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.
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