Flexible Plastic Packaging Market: Summary

The Global Flexible Plastic Packaging Market is estimated to reach USD 152.5 Billion by 2025 at a CAGR of 4.8 %, says forencis research (FSR).

Flexible packaging is replacing the traditional rigid packaging due to numerous advantages which include convenience in handling and disposal, savings in transportation costs, etc. Flexible packaging consists of monolayer as well as multilayer films of plastics. Multi-layered laminated sheets of plastics consist of Polyethylene, Polypropylene, Polyethylene Terephthalate, and Polyvinyl Chloride. Surging demand for flexible plastic packaging from food & beverage, healthcare, and cosmetic industries are boosting the growth of the market.

Flexible Plastic Packaging Market : Drivers & Restraints

Market Drivers:

• Growing Demand from End-User

Food & beverage and healthcare are the major users of flexible plastic packaging. Growth of the market in food & beverage is dominant, as it ensures extended food quality, safety, and shelf life. Spend on packed foods is increasing owing to the increase in per capita income, increasing population, and urbanization, globally. Besides food & beverage, healthcare is also a major user of flexible plastic packaging. The pharmaceutical industry relies more on the packaging and regulations to protect and promote their products, in order to meet increasing regulations.

Afore said factors are expected to drive the demand of flexible plastic packaging market, globally during the forecast period. 

Market Restraints:

• Growing Environmental Concerns

With increasing flexible plastic packaging the percentage of solid waste streams also increases and it poses environmental challenges. Improper disposal of plastics pouches and bags, leads to water pollution, disturbance of soil microbe activity, and the release of poisonous chemicals further harms human health and the entire ecosystem.  This is considered a major threat to the environment, public health and is projected to hamper the growth of the market during the forecast period. 

Market Opportunities:

• Increasing Focus on Innovative and Cost-Effective Packaging Materials

New products in flexible packaging such as vacuum pouch, high-temperature retort pouch, stand-up pouch, etc. can lead to the changing flexible plastic packaging trends. Moreover, the emerging Nano-coated technology in the packaging of the food & beverage products is also expected to create new market opportunities for the key players.

Such factors coupled with increasing innovations in the packaging industry is expected to drive the flexible plastic packaging market, during the forecast period.

Flexible Plastic Packaging Market : Key Segments

• Key Segments by Type include: Zipper Lock Pouches, Stand-Up Pouches, Crinkly Wrappers and Bags, and Others
• Key Segments by Material include : Polypropylene, Polyvinyl Chloride, Polyethylene, Polystyrene, Polyethylene Terephthalate, Biopolymer, and Others
• Key Segments by End User include : Food & Beverages, Healthcare, Personal Care, and Others
• Key Regions Covered include: North America, Europe, Asia-Pacific, Middle East & Africa, and South America with individual country-level analysis.

Flexible Plastic Packaging Market : Report Scope

The report on the flexible plastic packaging market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

Key Companies Covered

• Amcor plc (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
• CONSTANTIA
• Sealed Air
• CLONDALKIN GROUP
• Reynolds
• Mondi
• Berry Global Inc.
• Sonoco Products Company
• Coveris
• Huhtamäki Oyj
• Other Key Companies

Flexible Plastic Packaging Market : Report Segmentation

For the scope of report, In-depth segmentation is offered by Forencis Research

Flexible Plastic Packaging Market, by Type

• Zipper Lock Pouches
• Stand-Up Pouches
• Crinkly Wrappers and Bags
• Others

Flexible Plastic Packaging Market, by Material

• Polypropylene
• Polyvinyl Chloride
• Polyethylene
• Polystyrene
• Polyethylene Terephthalate
• Biopolymer
• Others

Flexible Plastic Packaging Market, by End User

• Food & Beverages
• Healthcare
• Personal Care
• Others

Flexible Plastic Packaging Market, by Region

• Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Rest of Asia-Pacific
• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Rest of Europe

• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa

• South America
  • Brazil
  • Argentina
  • Rest of South America

Key Questions answered by the report

• What are the emerging manufacturing technologies impacting the global market and its growth?
• What are the emerging Printing technologies used for flexible packaging?
• What will be the effects of the developments in the global market on the industry and on the market players in the near and far future?
• What are the major characteristics that will affect the global market growth during the study period?
• Who are the key global players operating in the market?
• How are the major players leveraging in the existing global market conditions?

Report Audience

• Flexible Plastic Packaging Market Providers
• Flexible Plastic Packaging Market Suppliers, Distributors and Dealers
• End-Users of Varied Segments of Flexible Plastic Packaging Market
• Government Bodies and Intellectual Institutions
• Associations and Industrial Organizations
• Research & Consulting Service Providers
• Research & Development Organizations 
• Investment Banks & Private Equity Firms

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE FLEXIBLE PLASTIC PACKAGING MARKET STUDY