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Flexible Plastic Packaging Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033 | Constantia Flexibles International GmbH, Amcor Ltd., Berry Global Inc., Clondalkin Group Holdings BV, ProAmpac Holdings Inc., Coveris Flexibles UK
As per the report, the flexible plastic packaging market size has grown strongly in recent years. It will grow from $166.01 billion in 2023 to $174.42 billion in 2024 at a compound annual growth rate (CAGR) of 5.1%. The flexible plastic packaging market size is expected to see strong growth in the next few years. It will grow to $219.18 billion in 2028 at a compound annual growth rate (CAGR) of 5.9%.Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=4097&type=smp
Processed And Packaged Food Consumption Drives The Flexible Plastic Packaging Market
The increase in consumption of processed and packaged food is drove the growth of the flexible plastic packaging market in the historic period. Packaged foods are food products that have been frozen, canned, cooked, packaged, or changed in nutritional composition and are preserved or fortified in different ways. Food brands are adopting flexible plastic packaging it consists of different types of packages that are easily molded. For instance, in December 2021, According to the Agricultural and Processed Food Products Export Development Authority (APEDA), an-Indian-based government agency, processed food products exports increased from $11,671 million to $ 13,261 million in 2021-22. Therefore, high consumption of processed and packaged food propelled the demand for flexible plastic packaging during the period.
Innovative And Sustainable Packaging Solutions Transforming The Flexible Plastic Packaging Landscape
The launch of innovative packaging to attract more customers and expand the customer base of the company is a key trend in flexible plastic packaging. The companies operating in the flexible packaging market are focusing on manufacturing innovative and sustainable packaging solutions for end-users. For example, in February 2021, FreeForm Packaging AB, a Sweden-based packaging company, launched one-sided stretchable paper laminate, which is based on 85% paper. Stretchable paper laminate has two layers of fiber form, a thin layer of polyethylene is present on one of the layers which protects packaging and content.
The flexible plastic packaging market covered in this report is segmented -
1) By Type: Stand-Up Pouches, Flat Pouches, Rollstock, Gusseted Bags, Wicketed Bags, Wraps, Other Types
2) By Technology: Flexography, Rotogravure, Digital Printing, Other Technologies
3) By Application: Food, Beverage, Pharms & Health Care, Personal Care & Cosmetics, Other Applications
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Major companies operating in the flexible plastic packaging market include Constantia Flexibles International GmbH, Amcor Ltd., Berry Global Inc., Clondalkin Group Holdings BV, ProAmpac Holdings Inc., Coveris Flexibles UK Ltd., Bemis Company Inc., Bischof + Klein SE & Co KG, Aluflexpack AG, Cosmo Films Ltd., C-P Flexible Packaging, Novolex Holdings LLC, Swisspac USA, Ultimate Packaging Pty Ltd., Mondi Group plc, Sonoco Products Company, Sealed Air Corporation, TC Transcontinental Inc., Huhtamaki Oyj, WestRock Company, DS Smith plc, Silgan Holdings Inc., Uflex Ltd., Winpak Ltd., Glenroy Inc., Printpack Inc., Schur Flexibles Group, Huhtamaki PPL Ltd., Novolex Holdings Inc., InterFlex Group Europe Ltd., American Packaging Corporation
Contents of the report:
1. Executive Summary
2. Flexible Plastic Packaging Market Report Structure
3. Flexible Plastic Packaging Market Trends And Strategies
4. Flexible Plastic Packaging Market - Macro Economic Scenario
5. Flexible Plastic Packaging Market Size And Growth
…..
27. Flexible Plastic Packaging Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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