Press release
Flexible Packaging Market To Surpass $335 Billion By 2026 | Industry Participant: Amcor Limited, Mondi Group, Berry Plastics Corporation, Novolex Holding Inc., Bemis Company and others.
Flexible Packaging Market Size, Sahre, Trends, Growth - Global Industry Analysis Report, 2018-2026
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The increasing disposable incomes and growing demand for fast moving consumer goods drives the growth of the flexible packaging market. Growing urbanization has resulted in urban citizens spending most of their time at work and everyday commute, which has increased the demand for convenient packaging for on-the-go consumption, thereby supporting the flexible packaging market growth. Brand owners are taking initiatives to optimize packaging operations to meet the global competition, increase productivity, enhance shelf life of products, improve overall efficiency, and create brand differentiation in the market. The demand for new and unique packaging sizes, shapes and configurations has increased from industries such as food and beverages, cosmetics, and healthcare among others. The increasing need to offer convenient packaging solutions while also addressing environmental concerns has boosted the flexible packaging market growth.
Numerous key players have adopted partnership and acquisition strategies to increase their market share in the global flexible packaging market. For instance, In December 2015, Mondi Group signed an agreement for the acquisition of 95% of the outstanding share capital in KSP, Co. KSP is a flexible packaging company based in South Korea with strong focus on production of high-quality spouted and retort stand-up pouches for food, pet food and beverage industries.
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The acquisition of KSP compliments Mondi’s stand-up pouch operations in Korneuburg, Austria and Jackson, US while expanding its presence in U.S. and Asia. In July 2016, Mondi Group also signed an agreement to acquire Uralplastic. Uralplastic manufactures a range of consumer flexible packaging products for food, hygiene, homecare and other applications. The acquisition of Uralplastic supports the development of Mondi’s consumer packaging business, strengthens its presence in the Russian consumer packaging market, and expands its offerings in the flexible packaging market.
Asia-Pacific generated the highest market share in terms of revenue in 2018 in the flexible packaging industry, and is expected to lead the global Flexible Packaging market throughout the forecast period. The growing population, rising disposable incomes, and increasing living standards support the growth of flexible packaging industry in the region. The increasing demand from the food and beverage, and retail industry is expected to generate numerous opportunities for the Flexible Packaging industry.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
• Amcor Limited
• Mondi Group
• Berry Plastics Corporation
• Sonoco Products Company
• American Packaging Corporation
• Novolex Holding Inc.
• Bemis Company, Inc
• Constantia Flexibles International GmbH
• Ampac Holding
• Sigma Plastics Group.
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Some points from Table of Contents:
Chapter 1. Overview and Scope
1.1. Research goal & scope
1.2. Research assumptions
1.3. Research Methodology
1.3.1. Primary data sources
1.3.2. Secondary data sources
1.4. Key take-away
1.5. Stakeholders
Chapter 2. Executive Summary
2.1. Market Definition
2.2. Market Segmentation
Chapter 3. Flexible Packaging Market Insights
3.1. Flexible Packaging – Industry snapshot
3.2. Flexible Packaging - Ecosystem analysis
3.3. Flexible Packaging Market Dynamics
3.3.1. Flexible Packaging – Market Forces
3.3.1.1. Flexible Packaging Market Driver Analysis
3.3.1.2. Flexible Packaging Market Restraint/Challenges analysis
3.3.1.3. Flexible Packaging Market Opportunity Analysis
3.4. Industry analysis - Porter's five force
3.4.1. Bargaining power of supplier
3.4.2. Bargaining power of buyer
3.4.3. Threat of substitute
3.4.4. Threat of new entrant
3.4.5. Degree of competition
3.5. Flexible Packaging Market PEST Analysis, 2017
3.6. Flexible Packaging Market Value Chain Analysis
3.7. Flexible Packaging Industry Trends
3.8. Competitive Ranking Analysis
Chapter 4. Flexible Packaging Market Size and Forecast, 2018-2026 by Type
4.1. Key Findings
4.2. Bags
4.3. Pouches
4.4. Wraps
4.5. Others
Chapter 5. Flexible Packaging Market Size and Forecast, 2018-2026 by Material
5.1. Key Findings
5.2. Paper
5.3. Plastic
5.4. Flexible Foam
5.5. Aluminium Foils
5.6. Others
Chapter 6. Flexible Packaging Market Size and Forecast, 2018-2026 by End-User
6.1. Key Findings
6.2. Food and Beverage
6.3. Healthcare
6.4. Retail
6.5. Consumer Goods
6.6. Others
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About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers.
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