Press release
Flexible Packaging Market Revenue, Trends, Growth & Forecast with Companies - Constantia Flexibles, Mondi Group, Amcor, Bemis Company Inc., ExxonMobil, Sealed Air Corporation
According to a new research report by Global Market Insights, Inc. Flexible Packaging Market is estimated to surpass USD 250 billion by 2024.Amcor Limited, Sonoco Products Company, Constantia Flexibles Group, Huhtamaki Group and Bemis Company are the key industry participants. Other notable industry players include Mondi Group, Clondalkin Group Holdings BV, Ukrplastic, Ampac Holdings, Sealed Air Corporation and Wipak Group.
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Food & beverages flexible packaging market generated over USD 85 billion revenue in 2015. Changing lifestyle and eating habits along with increase in consumer affordability leading to the industry growth in this segment. Rising preference for packaged & processed food owing to its extended shelf life properties and prevention from contamination will create notable opportunities for flexible packaging market growth.
Increasing application scope in healthcare, cosmetics and consumer goods industry owing to export trading expansion and e-commerce industry will fuel flexible packaging demand. Healthcare application will observe gains over 5% up to 2024. Regulatory support for sustainable healthcare product along with increasing consumer health consciousness will support industry growth.
Stand-up pouch is majorly preferred products because owing to its versatility in various end-user industry. Stand-up pouches market size is estimated to be valued over USD 75 billion by 2024. High barrier against moisture & oxygen, low material consumption and low costs are the factors positively influencing the product demand. Pillow pouches will witness over 4% CAGR up to 2024. Rising demand from dairy products owing to better sealing, ease in transportation and cost effective properties has favored industry growth in this segment.
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Europe, led by Russia and Germany will observe gains over 3.5% up to 2024. Processed food and retail industry expansion are key stimulating factors fueling regional industry growth. China flexible packaging market was valued at over USD 8 billion in 2015, with revenue growth over 6% up to 2024. Food & beverage and pharmaceuticals were key revenue generating applications.
U.S. flexible packaging market from food & beverages was worth above USD 15 billion in 2015. Increase in disposable income, confectionary & dairy product portfolio expansion along with technological advancement in barrier materials are the key factors influencing the industry growth.
Latin America, driven by Brazil and Argentina will witness CAGR over 4% by 2024. Increase in urban population, expanding e-commerce industry has fostered regional demand. Global flexible packaging market share is fragmented with the presence of numerous regional companies. Amcor Limited, Sonoco Products Company, Constantia Flexibles Group, Huhtamaki Group and Bemis Company are the key industry participants.
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Report Content
Chapter 1. Methodology and Scope
1.1. Research methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Research scope & assumptions
1.2. Data sources
1.2.1. Secondary
1.2.2. Primary
Chapter 2. Executive Summary
2.1. Flexible packaging market 3600 synopsis, 2013 –2024
2.1.1. Business trends
2.1.2. Material trends
2.1.3. Product trends
2.1.4. Application trends
2.1.5. Regional trends
Chapter 3. Flexible Packaging Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Distribution channel analysis
3.3.1.1. Manufacturers
3.3.1.2. Contractors
3.3.1.3. Suppliers
3.3.2. Vendor matrix
3.4. Regulatory landscape
3.4.1. U.S.
3.4.2. European Union
3.4.3. Canada
3.4.4. China
3.5. Trends in world economy and the packaging industry
3.5.1. Current R&D scene
3.5.2. Demographic trends
3.6. Technology landscape
3.7. Raw material trends
3.8. Innovation & sustainability
3.9. Pricing Analysis
3.9.1. North America
3.9.2. Europe
3.9.3. Asia Pacific
3.9.4. Latin America
3.9.5. Middle East & Africa
3.10. Industry impact forces
3.10.1. Growth drivers
3.10.2. Industry pitfalls & challenges
3.11. Growth potential analysis
3.11.1. Emerging business models
3.12. Porter's analysis
3.13. Company market share analysis, 2015
3.13.1. Strategic dashboard
3.14. PESTEL analysis
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com/
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