Press release
Flexible Packaging Market 2023-2028, Share, Size, Growth, Top Companies and Forecast
Flexible packaging represents packages made of easily yielding and flexible materials that can be conveniently molded into various shapes. They are produced using the highest qualities of film, aluminum foil, paper, etc. Flexible packaging materials offer a comprehensive range of protective characteristics. They can acquire the shape of a pouch, bag, liner, etc., provide efficient resistance to extreme temperatures, and act as an efficient moisture-resistant sealant. As a result, flexible packaging products find extensive applications, across numerous sectors, including food and beverage (F&B), pharmaceuticals, cosmetics and personal care, e-commerce, etc.
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Market Trends
The elevating product adoption in the F&B segment to pack ready-to-eat food items and other products that are often transferred from freezer to microwave to enhance their shelf-life, offer adequate heat and moisture barrier and ensure ease of use is primarily driving the flexible packaging market. In line with this, the increasing use of the packaging solution to pack meat, poultry, and seafood items, to improve sustainability, food safety, transparency, and reduction in food waste is acting as another significant growth-inducing factor. Moreover, the rising focus among leading manufacturers to develop sustainable and environmentally friendly packaging products, on account of the escalating concerns about the adverse impact of biodegradable polymers used for flexible packaging, is also positively influencing the global market.
Apart from this, the growing usage of flexible plastic packaging by the e-commerce segment, owing to its durable, waterproof, lightweight, and recyclable properties, is further stimulating the market growth. Additionally, the inflating demand for household essentials and medical items and the development of novel packaging products, such as compostable films, bag-in-box, collapsible pouches, etc., are anticipated to augment the flexible packaging market over the forecasted period.
Ask Analyst and Browse Full Report with TOC & List of Figure: https://www.imarcgroup.com/flexible-packaging-market
List of Key Companies Covered in this Market Report:
Amcor (NYSE: AMCR)
Bemis Company
Berry Global
Mondi (LON: MNDI)
Sealed Air (NYSE: SEE)
Aluflexpack novi
Bak Ambalaj Sanayi
Constantia Flexibles
Clondalkin Group
Danaflex
DS Smith (LON: SMDS)
Glenroy
Huhtamäki (HEL: HUH1V)
Printpack and ProAmpac.
The report has segmented the market on the basis of product type, raw material, printed technology, application and geography.
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
Breakup by Geography:
North America (U.S. & Canada)
Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
Latin America (Brazil, Mexico)
Middle East & Africa
Key highlights of the report:
Market Performance (2017-2022)
Market Outlook (2023- 2028)
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 can provide it to you as a part of the customization.
Related Report by IMARC Group:
Organic Substrate Packaging Material Market Report: https://www.imarcgroup.com/organic-substrate-packaging-material-market
Anti-Counterfeit Packaging Market Report: https://www.imarcgroup.com/anti-counterfeit-packaging-market
Flexible Intermediate Bulk Container Market Report: https://www.imarcgroup.com/flexible-intermediate-bulk-container-market
Home Care Packaging Market Report: https://www.imarcgroup.com/home-care-packaging-market
Anti-Counterfeit Packaging Market Report: https://www.imarcgroup.com/anti-counterfeit-packaging-market
Edible Packaging Market Report: https://www.imarcgroup.com/edible-packaging-market
Beverage Packaging Market Report: https://www.imarcgroup.com/beverage-packaging-market
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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