Flexible Packaging Market Report Size, Share & Trends | Global Industry Growth and Forecast 2020-2025

According to IMARC Group’s latest report, titled “Flexible Packaging Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,”. Looking forward, the market value is projected to reach US$ 144.3 Billion by 2025, exhibiting a CAGR of 4.2% during 2020-2025.

Flexible packaging is manufactured from easily reformed materials that can be molded into different shapes. It is primarily made by combining high-quality film, paper, and aluminum foil. These materials can be shaped into pouches, liners, bags, overwraps, etc. As a result, flexible packaging is widely used across various sectors, food processing, cosmetics, consumer products, pharmaceuticals, etc.

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Market Trends
The rising demand for processed food items due to the on-the-go consumption habits is propelling the use of flexible packaging in the food sector. The growing consumer awareness towards several advantages of flexible packaging pertaining to food safety, longer shelf life, effective permeability, convenience, etc., is also driving the market growth. The market is further augmented by several technological advancements leading to the emergence of innovative product variants. The expanding pharmaceutical and nutraceutical industries are also driving the demand for flexible packaging. The increasing popularity of sustainable and recyclable packaging alternatives will continue to fuel the growth of the flexible packaging market.

Flexible Packaging Market 2020-2025 Analysis and Segmentation:

Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

Amcor
Bemis Company
Berry Global
Mondi
Sealed Air
Aluflexpack novi
Bak Ambalaj Sanayi
Constantia Flexibles
Clondalkin Group
Danaflex, DS Smith
Glenroy
Huhtamäki
Printpack and ProAmpac.

The report has segmented the market on the basis of product type, raw material, application and region.

Breakup by Product Type
Printed Rollstock
Preformed Bags and Pouches
Others

Breakup by Raw Material
Plastic
Paper
Aluminium Foil
Cellulose

Breakup by Printing Technology
Flexography
Rotogravure
Digital
Others

Breakup by Application
Food and Beverages
Pharmaceuticals
Cosmetics
Others

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Breakup by Region
Asia Pacific
Europe
North America
Middle East and Africa
Latin America

Key highlights of the report:
Market Performance (2014-2019)
Market Outlook (2020- 2025)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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This release was published on openPR.