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Flexible Industrial Packaging Market worth $206.34 billion by 2030, growing at a CAGR of 4.31% - Exclusive Report by 360iResearch
Flexible Industrial Packaging Market | 360iResearch
The Global Flexible Industrial Packaging Market to grow from USD 153.47 billion in 2023 to USD 206.34 billion by 2030, at a CAGR of 4.31%.
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Flexible industrial packaging is made from flexible materials, such as plastic, paper, and woven fabric, and is used in various industries, including food & beverage, pharmaceuticals, and chemicals for storing, transporting, and protecting goods. Flexible industrial packaging is increasingly used for industrial supplies such as chemicals, lubricants, and adhesives. The primary benefits of using flexible industrial packaging are its durability and cost-effectiveness compared to other packaging materials. Increasing demand for convenient and lightweight packaging elevates the demand for flexible industrial packaging. Rising raw material costs and concerns related to the recyclability issues with flexible packaging materials hampers the market's growth. Growing advancements in materials science and manufacturing technology to develop flexible industrial packaging that is stronger, more durable, and customizable are expected to fuel the market's growth.
The flexible packaging market in the Americas is highly developed, with profound native packaging manufacturers transforming their product portfolio to add new and advanced flexible industrial packaging solutions. These companies are backing huge investments to rapidly scale up an industrial flexible packaging business and innovate new technologies for plastic packaging. The accelerating growth in the food & beverage, pharmaceuticals, and personal care & cosmetics industries has expanded the need for flexible industrial packaging worldwide to ensure convenient, low-cost, and versatile product coverings. The ongoing consumer preference for processed food products and ready-to-consume food products is expanding the demand for flexible industrial packaging solutions in the European and Asia-Pacific region. A recent survey by the South Korean government revealed a boost in processed food sales in 2022, with a rise in the number and frequency of purchases.
Market Segmentation & Coverage:
This research report categorizes the Flexible Industrial Packaging Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Type, market is studied across Bags, Pouches, Rollstock, and Wraps. The Rollstock is projected to witness significant market share during forecast period.
Based on Material, market is studied across Aluminum Foil, Bioplastic, Paper, and Plastic Films. The Plastic Films is projected to witness significant market share during forecast period.
Based on Industry, market is studied across Chemical & Construction, Food & Beverage, Personal Care & Cosmetics, and Pharma & Healthcare. The Personal Care & Cosmetics is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas is projected to witness significant market share during forecast period.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Flexible Industrial Packaging Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Flexible Industrial Packaging Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Flexible Industrial Packaging Market, highlighting leading vendors and their innovative profiles. These include Amcor PLC, Apple Converting Inc., Assemblies Unlimited, Inc., Berry Global Inc., C-P Flexible Packaging, Inc., Constantia Flexibles International GmbH, Cosmo Films, Coveris Management GmbH, ePac Holdings, LLC, Filton Packaging, FlexPak Services LLC, FPS Flexible Packaging Solutions, Huhtamäki Oyj, Jarrett Industries, Logos Pack, Mondi PLC, Multi-Plastics, Inc., Novolex, Oliver-Tolas Healthcare Packaging B.V., PPC Flexible Packaging LLC, ProAmpac Holdings Inc., Rengo Co., Ltd., Reynolds Consumer Products LLC by Alcoa Corporation, Sealed Air Corporation, Sonoco Products Company, Transcontinental Inc., UKRPLASTIC, Victory Packaging by WestRock Company, Wipak Walsrode GmbH & Co. KG, and Yash Pakka Limited.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Flexible Industrial Packaging Market, by Type
7. Flexible Industrial Packaging Market, by Material
8. Flexible Industrial Packaging Market, by Industry
9. Americas Flexible Industrial Packaging Market
10. Asia-Pacific Flexible Industrial Packaging Market
11. Europe, Middle East & Africa Flexible Industrial Packaging Market
12. Competitive Landscape
13. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Flexible Industrial Packaging Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Flexible Industrial Packaging Market?
3. What is the competitive strategic window for opportunities in the Flexible Industrial Packaging Market?
4. What are the technology trends and regulatory frameworks in the Flexible Industrial Packaging Market?
5. What is the market share of the leading vendors in the Flexible Industrial Packaging Market?
6. What modes and strategic moves are considered suitable for entering the Flexible Industrial Packaging Market?
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About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
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Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
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