Press release
Flexible Packaging Market Report 2020, How the Business Will Grow in 2024? Prominent Players are Constantia Flexibles, Mondi Group, Amcor, Bemis Company Inc., ExxonMobil, Sealed Air Corporation
Flexible Packaging Market
Global Flexible Packaging Market size was estimated at USD 150 billion in 2015 and is projected to surpass USD 250 Billion by the year 2024.
Request sample copy of this research report @ https://www.decresearch.com/request-sample/detail/1145
Considering the material gamut, flexible packaging market is divided into polymer, aluminum, cellulosic, and paper material. Polymer material among these will gain massive traction through 2024, ascribed to the material's superior high temperature properties, high strength, and oxygen and carbon dioxide barrier properties. Moreover, sliding preferences of the developers towards the material are likely to drive the product demand over the course of time.
According to credible sources, the polymer material segment held over 70 per cent of the global flexible packaging market share and is probable to grow at a CAGR of 5.5 per cent through 2024.
Based on the product segmentation, pillow pouches are projected to accrue noticeable gains in the upcoming years owing to the economical, higher filling capacity, and other characteristics of the product. Burgeoning product demands from the food industry would complement the business dynamics across the food and beverage industry.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
o Ampac Holdings LLC
o Amcor Limited
o Constantia Flexibles Group GmbH
o Bemis Company Inc.
o Sonoco Products Company
o Mondi Group
o Coveris Holdings S.A.
o Sealed Air Corporation
o Clondalkin Group Holdings B.V.
o Wipak Group
o Bischof + Klein International
o Goglio Group
o AR Packaging
o Schur Flexibles
o Flair Flexible Packaging Solution
o Clondalkin Group
o S?dpack Verpackungen
o Cellpack Packaging
o ExxonMobil
o ACTEGA GmbH
o Berry Plastic Group
Make an Inquiry for purchasing this Report @ https://www.decresearch.com/inquiry-before-buying/1145
With respect to types of flexible packaging, the industry is segmented into four side seal pouches, stand-up pouches, and pillow pouches. Stand-up pouches are gaining widespread popularity due to their widespread use in several end-user industries. Stand-up pouches market share is expected to be valued at more than USD 75 billion over the forecasted timeframe. Superior protection against oxygen and moisture, reduced cost and low material consumption are some of the integral characteristics supporting the use of the product.
On the other hand, rise in dairy consumption across the globe is steering the demand for pillow pouches to facilitate enhanced sealing abilities, cost-effectiveness, and ease in transportation. By 2024, pillow pouches demand will observe gains of more than 4%.
Apart from providing simplified transportation solutions and preserving the shelf life, flexible packaging plays a vital role in enhancing the market adaptability of the product. The packaging materials may be printed on using innovative techniques or with designs that improve the appearance of the item and attracts potential consumers. In a nutshell, the material plays an important role in optimizing various goals of packaging like product protection, branding, sustainability, and shelf appeal.
Contact Us:
DEC Research,
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: info@decresearch.com
About DEC Research:
DecResearch.com, powered by Global Market Insights, is an online aggregator of information on market research reports. The website provides comprehensive information as well as a detailed 'Table of Contents' for reports being regularly published by GMI.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Flexible Packaging Market Report 2020, How the Business Will Grow in 2024? Prominent Players are Constantia Flexibles, Mondi Group, Amcor, Bemis Company Inc., ExxonMobil, Sealed Air Corporation here
News-ID: 2025056 • Views: …
More Releases from Global Market Insights, Inc.
Hepatitis B Vaccine Market Set to Surpass $12 Billion by 2034
The global hepatitis B vaccine market is poised for significant expansion over the next decade, fueled by rising liver disease cases, expanded immunization coverage, and advancements in vaccine development. Valued at USD 6.7 billion in 2024, the market is projected to reach USD 7.3 billion in 2025 and surge to USD 12 billion by 2034, reflecting a healthy compound annual growth rate (CAGR) of 5.7%.
A major driver behind this growth…
Rare Sugar Market Top 3 Trends, Covid-19 Outbreak, Factors Driving, Threats, Cha …
Rising awareness regarding health & fitness and the subsequent shift in consumer trends towards low-calorie sweeteners will boost rare sugar market share over the forecast spell. Recent years have marked a steady rise in the prevalence of cardiovascular ailments, diabetes, and obesity, among other chronic conditions, which have triggered a massive change in consumer perceptions towards health.
This in turn has led to a surge in demand for various functional foods…
Global Selenium Yeast Market Industry Assessment, Trends, Competitive Landscape, …
The selenium yeast market is anticipated to register substantial gains on account of rising inclination towards organic additives in animal nutrition, with an aim to improve livestock health and production. Consumers are steadily becoming aware of the downsides associated with using synthetic additives. As a result, they are preferring selenium yeast feed grades over other counterparts to provide balanced nutrition to their livestock.
According to Global Market Insights Inc estimates…
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key pl …
Global Power Distribution Component Market Report offers market overview, segmentation by types, application, countries, key manufactures, cost analysis, industrial chain, sourcing strategy, downstream buyers, marketing strategy analysis, distributors/traders, factors affecting market, forecast and other important information for key insight.
Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/3091
Voltage rating have acted as a standard industry protocol toward the installation of power components reliant on regulatory preference, deployment areas, and the group…
More Releases for Flexible
Flexible Super Capacitor Market
Flexible Super Capacitor Market Overview
Flexible super capacitor usually consists of flexible electrode with superior electrochemical properties, compatible electrolyte and separator in a flexible assembly.
This report provides a deep insight into the global Flexible Super Capacitor market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis,…
The Future is Flexible: Opportunities and Challenges in the Flexible Substrate I …
The global Flexible Substrate market is estimated to attain a valuation of US$ 28.7 Bn by the end of 2031, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 18.9% during the forecast period, 2022-2031.
The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders of…
Global Flexible Honeycomb Market, Global Flexible Honeycomb Industry, Covid-19 I …
The Flexible Honeycomb market is expected to grow from USD X.X million in 2020 to USD X.X million by 2026, at a CAGR of X.X% during the forecast period. The Global Flexible Honeycomb Market report is a comprehensive research that focuses on the overall consumption structure, development trends, sales models and sales of top countries in the global Flexible Honeycomb market. The report focuses on well-known providers in the global…
ASEAN Flexible Packaging Market: Rising Urban Population to Fuel Demand for Flex …
Already making up almost half of the retail packaging industry, the flexible packaging market is set to rise exponentially. In the Association of Southeast Asian Nations (ASEAN) in particular, the market is scaling new highs, thus connoting the presence of several large players. In a recent study, Transparency Market Research (TMR) finds that the vendor landscape of the ASEAN flexible packaging market exhibits the presence of numerous players. While none…
Flexible Glass for Flexible Electronics Market Trends and Segments 2016-2026
Glass is a non-crystalline solid which is mostly transparent and has technological, practical and decorative usage in things like window panes, electronic devices, tableware, Containers & so many. The oldest type of glass is based on the chemical compound silica which is the primary constituent of sand as well. Moving on to Flexible glass for flexible electronics, which is an ultra-thin glass with flexible and stretching feature along with all…
Flexible Glass for Flexible Electronics Market Growth, Forecast and Value Chain …
Glass is a non-crystalline solid which is mostly transparent and has technological, practical and decorative usage in things like window panes, electronic devices, tableware, Containers & so many. The oldest type of glass is based on the chemical compound silica which is the primary constituent of sand as well. Moving on to Flexible glass for flexible electronics, which is an ultra-thin glass with flexible and stretching feature along with all…
