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.
Market Drivers:
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:
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:
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.
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.
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Report Features |
Specifics |
|---|---|
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Historical/Estimated/Forecasted Market Size Years |
2018-2025 |
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Base Year for Market Calculation |
2019 |
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Forecasted Period |
2020-2025 (2020 estimated year, forecasted up to 2025) |
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Measured Units |
Value (USD Million) Volume (Units) |
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Segments Included |
Type, Material, End User and Region |
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Regional Coverage |
Asia-Pacific, North America, Europe, Middle East & Africa, and South America |
For the scope of report, In-depth segmentation is offered by Forencis Research
Flexible Plastic Packaging Market, by Type
Flexible Plastic Packaging Market, by Material
Flexible Plastic Packaging Market, by End User
Flexible Plastic Packaging Market, by Region
1 INTRODUCTION
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.4 Regional Coverage
1.5 Research Timeline
1.6 Assumptions
1.7 Limitations
2 RESEARCH DESIGN & SCOPE
2.1 Introduction
2.2 Primary Research
2.2.1 Key Industry Expert Insight
2.3 Secondary Research
2.3.1 Vital Data from Secondary Sources
2.4 Market Size Estimation
2.5 Data Validation & Triangulation
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Introduction
4.2 Drivers
4.2.1. Growing Demand from End-User
4.2.2. Developing in E-Commerce Sector
4.3 Restraints
4.3.1. Growing Environmental Concern
4.4 Opportunities
4.4.1. Increasing Focus on Innovative and Cost-Effective Packaging Materials
4.5 Challenges
4.5.1. Fluctuating Raw Material Prices
5 INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
5.1 Introduction
5.1.1. Power of Buyers
5.1.2. Power of Suppliers
5.1.3. Intensity of Competition
5.1.4. Challenges of Substitutes
5.1.5. Challenges of New Entrants
5.2 Macro-Economic Indicators
6 FLEXIBLE PLASTIC PACKAGING MARKET BY TYPE, Market Size in USD Million (2018—2025)
6.1 Introduction
6.2 Zipper Lock Pouches
6.3 Stand-Up Pouches
6.4 Crinkly Wrappers and Bags
6.5 Others
7 FLEXIBLE PLASTIC PACKAGING MARKET BY MATERIAL, Market Size in USD Million (2018—2025)
7.1 Introduction
7.2 Polypropylene
7.3 Polyvinyl Chloride
7.4 Polyethylene
7.5 Polystyrene
7.6 Polyethylene Terephthalate
7.7 Biopolymer
7.8 Others
8 FLEXIBLE PLASTIC PACKAGING MARKET BY END USER, Market Size in USD Million (2018—2025)
8.1 Introduction
8.2 Food & Beverages
8.3 Healthcare
8.4 Personal Care
8.5 Others
9 FLEXIBLE PLASTIC PACKAGING MARKET BY REGION, Market Size in USD Million (2018—2025)
9.1 North America
8.1.1. US
8.1.2. Canada
8.1.3. Mexico
9.2 Europe
8.2.1. Germany
8.2.2. France
8.2.3. Italy
8.2.4. UK
8.2.5. Spain
8.2.6. The Netherlands
8.2.7. Rest of Europe
9.3 Asia-Pacific
8.3.1. China
8.3.2. Japan
8.3.3. India
8.3.4. South Korea
8.3.5. Taiwan
8.3.6. Rest of Asia-Pacific
9.4 Middle East & Africa
8.4.1. Saudi Arabia
8.4.2. UAE
8.4.3. Rest of Middle East
9.5 South America
8.5.1. Brazil
8.5.2. Argentina
8.5.3. Rest of South America
10 COMPETITIVE LANDSCAPE
10.1 Introduction
10.2 Market Ranking/Share Analysis of Key Companies
10.3 Company Benchmarking
11 COMPANY PROFILES
11.1 Amcor plc.
11.1.1 Company Overview
11.1.2 Financial Overview
11.1.3 Products/Solutions/Services Offered
11.1.4 Key Developments
11.1.5 SWOT Analysis
11.2 CONSTANTIA
11.3 Sealed Air
11.4 CLONDALKIN GROUP
11.5 Reynolds
11.6 Mondi
11.7 Berry Global Inc.
11.8 Sonoco Products Company
11.9 Coveris
11.10 Huhtamäki Oyj
11.11 Other Key Companies
12 APPENDIX
12.1 Key Industry Expert Insights
12.2 Primary Discussion Guide
12.3 Customization Options
Note1: Tentative table of contents, may get updated during the course of research.
Note2: Company financial information is subject to availability in public domain
