Press release
Flexible Plastic Packaging Market Top Vendors and Growth Forecasted Until the End of 2030
Flexible Plastic Packaging Market
Top Companies
Amcor Ltd., Constantia Flexibles Group GmbH, Berry Global Group, Inc., Huhtamäki Oyj, Sonoco Products Company, Bemis Company, Inc., Sealed Air Corporation, AR Packaging Group AB, Mondi Group, DS Smith Plc, CCL Industries Inc., Uflex Ltd., Winpak Ltd., Rengo Co. Ltd., Transcontinental Inc., Epac LLC, Emerald Packaging Inc., Glenroy, Inc., Schur Flexibles Group, ProAmpac LLC, Goglio Group.
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One of the primary drivers of the flexible plastic packaging market is its convenience and cost-effectiveness. The lightweight and flexible nature of the material makes it easier to store, transport, and handle, which helps reduce the overall packaging costs. The material also provides an excellent barrier to moisture, gases, and light, which helps maintain the freshness and quality of the packaged products.
Another key factor driving the growth of the flexible plastic packaging market is the increasing demand for sustainable packaging solutions. Many companies are now looking for eco-friendly packaging alternatives that are biodegradable, recyclable, or compostable. As a result, the market players are focusing on the development of new materials that are both sustainable and provide superior performance.
The flexible plastic packaging market is also benefiting from the growth of e-commerce, as more consumers are now shopping online and expecting their products to be delivered in packaging that is convenient and protective. This has led to an increase in demand for flexible packaging solutions that are durable, lightweight, and can be easily customized to meet the specific needs of different products.
Competitive Analysis
The report takes in an analysis of the major market players active in the global Flexible Plastic Packaging Market. It emphasizes on the business strategies such as new product launches, mergers & acquisitions, partnerships, and collaborations incorporated by these market players to reinforce their position in the market. The market report takes account of statistics, tables, and charts to present a detailed study of the industry.
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Regional Analysis:
Region-wise, the global Flexible Plastic Packaging market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (UK, France, Germany, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). In 2020, Asia-Pacific was the highest contributor to the global Flexible Plastic Packaging market share, and LAMEA is anticipated to secure a leading position during the forecast period.
KEY MARKET SEGMENTS
By Product Type
Pouches
Sachets
Tubes
Others
By End-User Industry
Food & Beverages
Personal Care
Pharmaceutical
Others
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About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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