Bharat Book Bureau Provides the Trending Market Research Report on “Flexible Packaging Market By Material (Plastics, Paper, Aluminum Foil, Bioplastics), Design Type (Stand-Up Pouch, Spouted Pouch, Gusseted Bags, Rollstocks, Blisters, Wraps)- Global Opportunity Analysis And Industry Forecast To 2023” under Heavy Industry category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports.
Global Flexible Packaging Market by Material (Plastics, Paper, Aluminium foil, Bioplastics), Design Type (Stand-Up Pouch, Spouted Pouch, Gusseted Bags, Rollstocks, Blisters, Wraps), – Global Opportunity Analysis and Industry Forecasts to 2023
Global Flexible Packaging Market is expected to reach USD 243.7 billion by 2023, at a CAGR of 3.7% in the forecast period from 2018. The growth of this market is mainly driven by factors such as downgauging of plastic films, shift from traditional rigid packaging to flexible packaging, easy transportation and storage along with sustainable properties, increasing consumer focus on convenience and sustainability, and improving barrier properties. Also, the introduction of specialty films in the packaging industry, proliferation of bio-based plastics films, emerging markets, falling crude oil prices, and shift in food service from frozen to map packaged products will further fuel the growth of flexible packaging market. However, stringent government regulations and increasing raw material prices restrict the growth of this market to some extent.
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The report gives an extensive outlook on various industries/facilities served by the flexible packaging providers. These industries include food and beverage, pharmaceuticals, household and personal care, tobacco products, industrial and chemical products, and oil and lubricants.
An in-depth analysis of the geographical scenario of the industry provides detailed qualitative and quantitative insights about the five major geographies (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa) along with the coverage of major countries in each region. The geographic analysis provides detailed insights on the key trends of the industry in the listed regions & countries, identifying the demographic & economic impact, government & private investments, and regulatory scenario. The report identifies Asia-Pacific being the largest market followed by North America, Europe, and Rest of World. The geographical analysis section also comments on the key market players shaping the growth of the industry in the respective countries.
The report also includes the competitive landscape based on extensive assessment of the key strategic developments adopted by leading market participants in the industry over the past 4 years (2015-2018). The market players employed various strategies to expand their product offerings, global footprint, and augment their market share. The key strategies followed by most companies in the global flexible packaging market include agreements, partnerships, & collaborations; new product launches; mergers & acquisitions; and expansion.
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The key players in the global flexible packaging market are Amcor Limited (Australia), Berry Plastics Inc. (U.S.), Constantia Flexibles Group GmbH (Austria), Bemis Company, Inc. (U.S.), Sonoco Products Company (U.S.), Mondi Group (Austria), Reynolds Group Holdings Limited (New Zealand), Clondalkin Group Holdings BV (The Netherlands), Huhtamaki Group (Finland), Coveris Holdings S.A. (Luxembourg), and Sealed Air Corporation (U.S.), among several others.
Scope of the Report
Market, By Material Type
– Polypropylene (PP)
– Polyethylene (PE)
– Polyethylene terephthalate (PET)
– Poly-vinyl chloride (PVC)
– Polystyrene (PS)
– Others
Market, By Design Type
Market, By Industry Vertical
Market by Geography
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