Press release
Flexible Plastic Packaging Market Pegged for Robust Expansion During 2017 – 2022
Request to view Sample Report: https://www.persistencemarketresearch.com/samples/18763
Flexible plastic packaging is highly in demand on account of the convenience it provides and prolonged shelf life it offers to the products. Flexible plastic packaging is considered to be effective for distributing and packaging food items, pharmaceuticals, beverages, and consumables. It is an economical way for preserving items. This form of packaging is witnessing much demand on account of the efficient distribution and as it helps minimize losses. According to Persistence Market Research, the global flexible plastic packaging market is expected to witness a robust CAGR through 2017 to 2022. The market for flexible plastic packaging is estimated to reach a value of around US$202 bn by the end of 2022.
The report segments the global flexible plastic packaging market on the basis of pack type into the sachet and pouches, bags, tubes, films and wraps, and others. Of these, the sachet and pouches segment is witnessing highest potential of growth. This segment has been contributing the most to the flexible plastic packaging market ever since 2016. The sachet and pouches segment is anticipated to expand at the fastest pace, exhibiting a CAGR of 7.7% during the forecast period from 2017 to 2022, and is estimated to portray a high share in the market. This segment is also estimated to show a high BPS by 2022 end.
By material type, the global flexible plastic packaging market is segmented into polyethylene, polystyrene, polyvinyl chloride, polyamide, ethylene vinyl alcohol, and polypropylene. Of these, the BOPP material is witnessing highest demand. The segment is anticipated to be in high demand for packaging potato chips, packing snacks, reusable woven bags for shopping, and in labels and wrapping films. The BOPP material is expected to expand at the highest CAGR of 10% throughout the forecast period. It is leikly to gain a high BPS by 2022.
Request to download and view full ToC @ https://www.persistencemarketresearch.com/toc/18763
The polyethylene segment is anticipated to continue witness steady growth and maintain an attractive market share through 2017-2022. The segment is likely to enjoy a high market share and this is attributed to its use in various FMCG products such as foil pouches, beverages, and in metallized lids. It is also used for packaging of confectioneries, yoghurt, and carton windows. In 2017, the polyethylene segment accounted for a whopping 50% market share in the global flexible plastic packaging market.
The global flexible plastic packaging market is led by key players such as Berry Global Group, Inc., Bemis Company, Inc., Amcor Ltd., Sealed Air Corporation, Mondi Group plc, Huhtamaki Oyj, Sonoco Products Company, Constantia Flexibles Group GmbH, Bischof & Klein GmbH & Co. KG, and Ampac Holdings LLC.
View Report @ https://www.persistencemarketresearch.com/market-research/flexible-plastic-packaging-market.asp
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.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 Plastic Packaging Market Pegged for Robust Expansion During 2017 – 2022 here
News-ID: 831964 • Views: …
More Releases from PMR
Online Apparel Market Gain Impetus due to the Growing Demand over 2016 - 2026
The ecommerce sector have observed extraordinary growth over the past few years. The growth was primarily driven by prompt adoption of technology led by inclining use of devices such as tablets and smartphones as well as access to internet through 3G and broadband which ultimately resulted in inclination in the online consumer base. The growth showcased by some of the players such as snapdeal and flipkart exhibited immense potential of…
Passenger Car Accessories Market Likely to Emerge over a Period of 2016 - 2026
The global passenger car accessories market enables unlock the potential for the companies which are striving in car accessories market. Continuous up gradation of models along with advanced features in car accessories enables fascinated most of people towards car accessories. The advanced car accessories offers a trendy look to car as well as comfort. The interior accessories such as MP3 players, LED screens, speakers and stereo devices offers entertainment while…
Motorcycle Accessories Market Prophesied to Grow at a Faster Pace by 2016 - 2026
Improved economic outlook across the globe resulted into substantial increase in purchasing power of consumers over the past few years. Consequently, several industry verticals reported an increase in overall demand for respective products, and automotive industry is no different. However, different trends in sales reported across sub-segments within the automotive sector, but motorcycle sales has always remained impressive, particularly in high potential markets. Growth in global motorcycle market ascertained the…
Natural Food Beverage Foaming Agent Market Detailed Analytical Overview by 2016 …
Introduction
A foaming agent is a surfactant, which when present in small amounts, facilitates the formation of a foam, or enhances its stability by inhibiting the coalescence of bubbles. Natural Food & Beverage foaming agent are food additives which are used maintain the uniform dispersion of gases in aerated foods. Foam is produced with the help of trapping the gas bubbles and it is offered either in form of solid or…
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…
