Flexible Packaging Market is Predicted to Grow at 5.92% CAGR During The Forecast Period – 2017 to 2023
Market research future published a cooked research report on global Flexible packaging market. Which is expected to grow over the CAGR of 5.92% by 2017 to 2023
PUNE, MAHARASHTRA, INDIA, August 7, 2017 /EINPresswire.com/ -- Global Flexible Packaging Market1 Information by Material (Plastic, Paper, Aluminum, and others), by Products (Pouches, Bags, Wraps, and others), by Printing Technology (Flexography, Digital printing, and others), by Application (Pharmaceutical, Food & Beverages, Personal Care, and others) and Region - Forecast to 2023.Globally, flexible packaging market is growing due to growing demand from food & beverages industry and innovation in packaging products. Factors driving flexible packaging market are its light weight, recyclable characteristics and feasible for usage. Many manufacturing industries are shifting to flexible packaging as there is growing demand by consumers.
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Flexible packaging is essentially a package or container made of flexible or materials that, when filled or closed, can bend while still holding the shape. The growth of flexible packaging market is influenced by increased consumption of processed foods & beverages, innovation in packaging and environmental advantage of such packaging. However, fluctuation in raw material prices and stringent regulations on packaging material waste and recycling expected to hinder the growth of the flexible packaging market.
Flexible packaging has wide applications in the F&B industry, mainly due to its features such as ease of handling, reduced production & shipment costs, and eco-friendliness. Also, the rise in population in many countries, has led to an increase in food & beverage consumption, which ultimately increases the demand of flexible packaging products. Technological advancements in packaging plays a vital role in driving the growth of flexible packaging market. . Due to this, many companies are investing in R&D and are coming up with advanced flexible packaging products with barrier resistance properties.
APAC held the largest market share in the global flexible packaging market in 2016. Asia-Pacific region is comprised of countries such as China, India, and Japan, which are the leading exporters of goods to various parts of the world. The increasing exports from these countries is leading to the growth of the flexible packaging market. The booming e-commerce market in the region is also contributing to the growth of the flexible packaging market. The e-commerce market is boosted by the increasing internet penetration.
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Scope of the report
This study provides an overview of the global flexible packaging industry, tracking four market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific, and Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global flexible packaging market as material, Package type and application. Market Segmentation by material includes – plastic, paper, aluminum, and others. Market categorization on basis of product includes pouches, bags, wraps, and others. On the basis of printing technology, it is segmented as flexography, digital printing, and others, Furthermore, on the basis of application the market of flexible packaging is segmented as food & beverages, pharmaceuticals, personal care, other industries.
Key Players
The key players of global Flexible Packaging market report includes
• Amcor Limited (Australia)
• Bemis Company, Inc. (U.S.)
• Constantia Flexible Group GmbH (Austria)
• Huhtamaki Group (Finland)
• Clondalkin Group Holdings B.V. (The Netherlands)
• Coveris Holdings S.A. (U.S.)
• Sonoco Products Company (U.S.)
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TABLE OF CONTENTS
1 Executive Summary 12
2 Introduction 14
2.1 Definition 14
2.2 Scope of the Study 14
2.3 Assumptions 14
2.4 Market Structure 15
3 Research Methodology 17
3.1 Research Process 17
3.2 Primary Research 18
3.3 Secondary Research 18
3.4 Market Size Estimation 18
3.5 Forecast Model 20
4 Market Dynamics 21
4.1 Drivers 22
4.1.1 Growing demand from food & beverage industry 22
4.1.2 Innovation in packaging 22
4.1.3 Environmental advantage of flexible packaging 23
4.2 Impact Analysis 23
4.3 Restraints 23
4.3.1 Fluctuation in raw material prices 23
4.3.2 Stringent regulations regarding plastic and recycled materials 24
4.4 Impact Analysis 24
4.5 Opportunities 24
4.5.1 Scope in the Developing Nations 24
5 Market Factor Analysis 26
5.1 Value Chain Analysis 26
5.2 Porter's 5 Forces Analysis 27
5.2.1 Threat of New Entrants 28
5.2.2 Bargaining Power of Suppliers 28
5.2.3 Bargaining Power of Buyers 28
5.2.4 Threat of Substitutes 28
5.2.5 Rivalry 28
6 Global Flexible Packaging Market, by Material 29
6.1 Introduction 30
6.2 Plastic 30
6.3 Paper 30
6.4 Aluminum 30
6.5 Others 30
7 Global Flexible Packaging Market, By Product 32
7.1 Introduction 33
7.2 Pouches 33
7.3 Bags 33
7.4 Wraps 33
7.5 Others 33
8 Global Flexible Packaging Market, By Printing Technology 35
8.1 Introduction 36
8.2 Flexography 36
8.3 Digital Printing 36
8.4 Others 36
9 Global Flexible Packaging Market, By Application 38
9.1 Introduction 39
9.2 Food & Beverages 39
9.3 Pharmaceuticals 39
9.4 Personal Care 39
9.5 Others 39
10 Global Flexible Packaging Market, By Region 41
10.1 Introduction 42
10.2 North America 43
10.2.1 U.S 46
10.2.2 Canada 48
10.3 Europe 50
10.3.1 Germany 52
10.3.2 U.K. 54
10.3.3 France 56
10.3.4 Spain 58
10.3.5 Italy 60
10.3.6 Rest of Europe 62
10.4 Asia-Pacific 64
10.4.1 China 67
10.4.2 Japan 69
10.4.3 India 71
10.4.4 Rest of Asia-Pacific 72
10.5 Rest of World 75
10.5.1 South America 77
10.6 Middle East & Africa 79
11 Competitive Scenario 82
11.1 Competitive Landscape 82
11.1.1 Merger and Acquisition 83
11.1.2 Expansion 84
11.1.3 New Product Development 84
11.1.4 Partnership and Collaboration 84
12 Company Profiles 85
12.1 Amcor Limited 85
12.1.1 Company Overview 85
12.1.2 Financial Overview 85
12.1.3 Product/Service Offering 86
12.1.4 Strategy 87
12.1.5 Key developments 88
12.1.6 SWOT Analysis 88
12.2 Constantia Flexibles Group GmbH 89
12.2.1 Company Overview 89
12.2.2 Financial Overview 89
12.2.3 Product/Service Offering 90
12.2.4 Strategy 91
12.2.5 Key developments 92
12.3 Mondi Group 93
Akash Anand
Market Research Future
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