Press release
Flexible Packaging Market - Urbanization is Key for the Proliferation of Flexible Packaging on Consumer Goods
The global flexible packaging market is expected to reach US$358.7 bn by the end of 2024. This revenue is being projected at a CAGR of 5.2% within a forecast period from 2015 to 2024.in 2014, the global flexible packaging market was valued at US$238.5 bn. Here are three questions answered by industry experts from Transparency Market Research. The answers to these questions will broaden the knowledge base for many readers.
Get a Brochure for Professional Market insights at
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=9839
Q. How Will Accelerated Urbanization in Emerging Economies Benefit the Global Flexible Packaging Market?
The revenue generated in the global flexible packaging market over consumer goods is expected to reach US$278.4 bn by the end of 2024. This is a massive quotation for the global flexible packaging market based on a single sector of application, but the consumer industry has always been the primary application segment for all sorts of packaging. Due to the high demand volume for flexible packaging that already exists in the world, even the currently stagnated demand growth is not going to be large enough to stunt the profitability for flexible packaging manufacturers from consumer goods.
A key reason for the consumer goods dominance over flexible packaging demand is the global urban population. The urban localities hold the overwhelming majority of demand for packaging of items. The current penetration of flexible packaging by its manufacturers is adding to an already impetuous growth rate of urban areas and populations in the world. As economies develop and disposable income percentages increase, flexible packaging will continue to show an increasing appearance rate in the urban markets.
Q. Will Europe Continue to Show a Strong for Flexible Packaging?
Till 2024, Europe is expected to stay the top region for flexible packaging in terms of demand and overall market attractiveness. By the end of 2024, Europe is expected to generate US$117.7 bn in flexible packaging revenue due to added investments, the use of modern and more effective materials and manufacturing techniques, and stronger regulations regarding the volume of plastics used and disposed. At the same time, while the overall growth in demand for flexible packaging in Europe continues towards stagnation, the total volume of demand is already so high that it will ensure regional dominance for the continent in the global flexible packaging market for the coming years.
The growing impact of flexible packaging in emerging economies is also growing at a rapid pace. An example of this would be the setting up of multiple flexible packaging plants in India by Huhtamaki PPL. In developed economies, mergers and takeovers and the incorporation of modern technology take a higher priority, such as the addition of film extrusion films by leading flexible packaging manufacturer Transcontinental, Inc.
Read Full Press Release @ http://www.transparencymarketresearch.com/pressrelease/global-flexible-packaging-market.htm
Q. Will Flexible Packaging Ever be Considered a Primary Packaging Mode?
Flexible packaging could very well become one of the primary packaging methods in the market. The market has recently been introduced with many advancements in technology that have allowed the producers of flexible packaging. The food and beverage industry is absolutely well-versed on the advantages that flexible packaging will be bringing to the table. It significantly reduces the volume of storage required for foods that are otherwise packed in boxed packaging which can easily reduce number of items in one volume of area.
About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
US Office Contact
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Flexible Packaging Market - Urbanization is Key for the Proliferation of Flexible Packaging on Consumer Goods here
News-ID: 380104 • Views: …
More Releases from TMR
Emerging Opportunities in Logistics Market with Current Trends Analysis
The global Logistics market is estimated to attain a valuation of US$ 15,273.21 Bn by the end of 2027, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 4.5% during the forecast period, 2019-2027.
The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders of the…
Energy Measurement IC Market is expected to reach US$ 8.39 Bn by the end of 2031
According to a Transparency Market Research (TMR) research report, the global energy measurement ic market is likely to expand at a CAGR of 7.4% during the forecast period, 2022 to 2031. This suggests that the market is expected to reach US$ 8.39 Bn by the end of 2031.
The study on the energy measurement ic market adopts rigorous and systematic research approaches to understand the growth dynamic of the market. The…
STATCOM UPS Market to Register Double Digit Growth Rate of 16% CAGR by 2024
Over the last decade, rising number of industries and utilities are opting for static synchronous compensator or STATCOM UPS instead of static VAR compensator or SVC UPS. Low harmonic emission coupled with high speed of response is accentuating the expansion of India STATCOM UPS market now and in times to come. Playing a crucial role in voltage control and compensation of reactive power, STATCOM UPS is likely to keep its…
Thin Wafer Processing and Dicing Equipment Market US$692.5 mn by 2024 - TMR
Transparency Market Research (TMR) estimates that the global thin wafer processing and dicing equipment market has a highly consolidative landscape. Disco Corp. accounted for largest share of 56.4% in 2015 and likely to be dominant in the coming years. This is creating monopoly in the thin wafer processing and dicing equipment market in terms of competitive presence. The other key players such as EV Group, Plasma-Therm LLC, Lam Research Corp,…
More Releases for Flexible
Flexible Super Capacitor Market
Flexible Super Capacitor Market Overview
Flexible super capacitor usually consists of flexible electrode with superior electrochemical properties, compatible electrolyte and separator in a flexible assembly.
This report provides a deep insight into the global Flexible Super Capacitor market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis,…
The Future is Flexible: Opportunities and Challenges in the Flexible Substrate I …
The global Flexible Substrate market is estimated to attain a valuation of US$ 28.7 Bn by the end of 2031, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 18.9% during the forecast period, 2022-2031.
The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders of…
Global Flexible Honeycomb Market, Global Flexible Honeycomb Industry, Covid-19 I …
The Flexible Honeycomb market is expected to grow from USD X.X million in 2020 to USD X.X million by 2026, at a CAGR of X.X% during the forecast period. The Global Flexible Honeycomb Market report is a comprehensive research that focuses on the overall consumption structure, development trends, sales models and sales of top countries in the global Flexible Honeycomb market. The report focuses on well-known providers in the global…
ASEAN Flexible Packaging Market: Rising Urban Population to Fuel Demand for Flex …
Already making up almost half of the retail packaging industry, the flexible packaging market is set to rise exponentially. In the Association of Southeast Asian Nations (ASEAN) in particular, the market is scaling new highs, thus connoting the presence of several large players. In a recent study, Transparency Market Research (TMR) finds that the vendor landscape of the ASEAN flexible packaging market exhibits the presence of numerous players. While none…
Flexible Glass for Flexible Electronics Market Trends and Segments 2016-2026
Glass is a non-crystalline solid which is mostly transparent and has technological, practical and decorative usage in things like window panes, electronic devices, tableware, Containers & so many. The oldest type of glass is based on the chemical compound silica which is the primary constituent of sand as well. Moving on to Flexible glass for flexible electronics, which is an ultra-thin glass with flexible and stretching feature along with all…
Flexible Glass for Flexible Electronics Market Growth, Forecast and Value Chain …
Glass is a non-crystalline solid which is mostly transparent and has technological, practical and decorative usage in things like window panes, electronic devices, tableware, Containers & so many. The oldest type of glass is based on the chemical compound silica which is the primary constituent of sand as well. Moving on to Flexible glass for flexible electronics, which is an ultra-thin glass with flexible and stretching feature along with all…
