Flexible Packaging Market By Product, Application, Manufacturer, Sales and Segmentation 2023

Infinium Global Research has undertaken a new report on Global Flexible Packaging Industry – Market Insights, Analysis, And Forecast To 2023.  The report presents analysis global as well as regional markets of Agriculture drones over the period of 2015 to 2023 Moreover, the IGR-Growth Matrix given in the report provides key focus areas and investment areas the market players can focus on. The market size is presented in terms of value for the historic year 2015 and estimated for forecast period of 2017 to 2023.

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Flexible packaging often takes the shape of the product which is enclosed in this type of packaging. Various materials such as polyethylene, polypropylene, polyethylene, aluminum foil, paper and cellulose are used in the manufacture of flexible packaging. Moreover, it is typically characterized by the elasticity of the material used in the manufacture of flexible packaging. Furthermore, flexible packaging exhibits host of properties such as providing excellent barrier between external climatic conditions and the packaged product, addition of esthetic value to the packaged product, alteration of shape and size, and ability to print the outer side of the packaging with various designs and information. Additionally, flexible packaging can be formed by layering various types of the abovementioned materials to impart superior sturdiness and improve the shape of the packaging. For instance, Tetra packs make the use of paper, aluminum foil and polymers to provide excellent protection the packaged goods. Flexible packaging is used to package foods, beverages, pharmaceuticals, personal care products as well as home care products. Stand-up pouches, milk pouches & bags, laminated tubes, squeezable bottles, medicine bottles and food containers are some of the types of flexible packaging commonly used in the global market.

Growth of the food & beverages industry coupled with the increasing intensification of the global healthcare industry is the key factor which is expected to play a vital role in the growth of the flexible packaging industry. Furthermore, technical advancement in the flexible packaging industry is likely to substitute other packaging materials such as glass, metals and wood.

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Plastics dominated the market accounting for more than half the global flexible packaging demand in 2013. Abundant availability of polymers, ease of molding, low cost and compatibility of polymers with additives such as antimicrobials and antioxidants have resulted in exponential demand for plastics within the global flexible packaging material market over the past few years. This trend is likely to continue throughout the forecast period. Papers and aluminum foil are expected to witness substantial growth within the flexible packaging market owing to their biodegradability property. Thus, the global flexible packaging is set to witness substantial growth over the next few years.

The global flexible packaging market is highly fragmented in nature with the presence of diverse small and medium enterprises (SMEs) as well as large scale manufacturers spread worldwide. Amcor Flexibles, Bemis Company, Inc., Emerald Packaging, Inc., Mondi plc, Sealed Air Corporation, Sonoco Flexible Packaging, Constantia Flexibles LLC, PERUPLAST S.A., Bischof + Klein, Wipak Group, Huhtamäki and Ukrplastic are some of the key manufacturers present within the flexible packaging market on a global scale. The flexible packaging market is often marketed by several merger and acquisition activities; research and development; and product innovation. Owing to the cutthroatcompetition present within the global flexible packaging industry, manufacturers are in the constant endeavor in terms of the abovementioned strategies in order to establish an edge over the other competitors.

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The report on global flexible packaging market covers segments such as product type, material type, printing technology, and application. The product type segments include wicketed bags, gusseted bags, flat pouches, stand-up pouches, rollstock, wraps and others. On the basis of material type the global flexible packaging market is categorized into paper, plastic films, aluminum foil and bioplastics. Furthermore, on the basis of printing technology the flexible packaging market is segmented as flexography, rotogravure, digital printing and other printing technologies. On the basis of application the flexible packaging market, is segmented as cosmetics & toiletries, food & beverage, healthcare and others.

The report provides profiles of the companies in the global flexible packaging market such as, Coveris Holdings S.A., Berry Plastics Group, Inc., Reynolds Group Holdings Limited, Amcor Limited, Sealed Air Corporation, Huhtamäki OYJ, Clondalkin Group Holdings Bv, Berry Plastics Group, Inc., Bemis Company, Inc., and Others.

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