Flexible Plastic Packaging

“Flexible Plastic Packaging Market: Exactitude Consultancy Research Report Offers Comprehensive Industry Overview and Future Projections”

LUTON, BEDFORDSHIRE, UNITED KINGDOM, August 27, 2024 /EINPresswire.com/ -- 𝐅𝐥𝐞𝐱𝐢𝐛𝐥𝐞 𝐏𝐥𝐚𝐬𝐭𝐢𝐜 𝐏𝐚𝐜𝐤𝐚𝐠𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:

𝑹𝒆𝒗𝒆𝒏𝒖𝒆 𝒇𝒓𝒐𝒎 𝒕𝒉𝒆 𝒈𝒍𝒐𝒃𝒂𝒍 𝑭𝒍𝒆𝒙𝒊𝒃𝒍𝒆 𝑷𝒍𝒂𝒔𝒕𝒊𝒄 𝑷𝒂𝒄𝒌𝒂𝒈𝒊𝒏𝒈 𝑴𝒂𝒓𝒌𝒆𝒕 𝒔𝒊𝒛𝒆 𝒊𝒔 𝒆𝒔𝒕𝒊𝒎𝒂𝒕𝒆𝒅 𝒕𝒐 𝒓𝒆𝒂𝒄𝒉 𝑼𝑺$ 200.13 𝑩𝒊𝒍𝒍𝒊𝒐𝒏 𝒊𝒏 2023. 𝑻𝒉𝒆 𝒎𝒂𝒓𝒌𝒆𝒕 𝒉𝒂𝒔 𝒃𝒆𝒆𝒏 𝒂𝒏𝒂𝒍𝒚𝒛𝒆𝒅 𝒕𝒐 𝒄𝒍𝒊𝒎𝒃 𝒕𝒐 𝒂 𝒗𝒂𝒍𝒖𝒆 𝒐𝒇 𝑼𝑺$ 395.56 𝑩𝒊𝒍𝒍𝒊𝒐𝒏 𝒃𝒚 𝒕𝒉𝒆 𝒆𝒏𝒅 𝒐𝒇 2030, 𝒆𝒙𝒑𝒂𝒏𝒅𝒊𝒏𝒈 𝒂𝒕 𝒂 𝑪𝑨𝑮𝑹 𝒐𝒇 8.89% 𝒐𝒗𝒆𝒓 𝒕𝒉𝒆 𝒏𝒆𝒙𝒕 𝒅𝒆𝒄𝒂𝒅𝒆.

Flexible packaging is recognized as one of the packaging industry's most rapidly expanding sectors, combining the favorable characteristics of film, plastic, paper, and aluminum foil to offer a variety of protective benefits. It typically comes in the form of a pouch, bag, liner, or overwrap, or any flexible part of a package that is easily alterable. This type of packaging is used for both consumer goods and in industrial settings, to safeguard, promote, and distribute a variety of products. The cost-effectiveness and increased product shelf-life are key factors projected to drive growth in the flexible plastic packaging market in the upcoming period. Moreover, the expected increase in efficient use of packaging materials is also projected to drive growth in the flexible plastic packaging industry. However, the stringent regulations are expected to continue hindering the expansion of the flexible plastic packaging market during this timeframe.

𝐆𝐚𝐢𝐧 𝐀𝐜𝐜𝐞𝐬𝐬 𝐭𝐨 𝐭𝐡𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 @

https://exactitudeconsultancy.com/reports/19078/Flexible Plastic Packaging Market/

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐑𝐢𝐯𝐚𝐥𝐫𝐲:

The Flexible Plastic Packaging Market supports a range of applications, including supply chain analytics, risk analysis, demand forecasting, and vendor management. Solutions in this market encompass various modules such as financial surveys, real-time and batch data analysis, category management, and compliance management. Implementing these modules enhances data optimization, automates data cleansing, and facilitates sourcing category analysis.

𝐕𝐢𝐭𝐚𝐥 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐏𝐫𝐨𝐟𝐢𝐥𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐚𝐫𝐞: Amcor plc, Mondi, Sealed Air, CONSTANTIA, Coveris, Goglio SpA, ProAmpac, GUALAPACK S.P.A, Huhtamaki Group, Smurfit Kappa., and others.

𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐍𝐞𝐰𝐬:

𝗔𝗽𝗿𝗶𝗹 𝟮𝟱, 𝟮𝟬𝟮𝟰– Amcor, a global leader in developing and producing responsible packaging solutions, together with Kimberly Clark, has launched packaging for its Eco Protect diapers with 30% recycled materials in Peru. The bags contain post-consumer recycled content and provide a more sustainable packaging solution for the hypoallergenic diapers made with certified, plant-based fibers.

𝗜𝗻 𝗝𝗮𝗻𝘂𝗮𝗿𝘆 𝟮𝟬𝟮𝟯, Amcor Limited acquired MDK, a Chinese company that provides packaging for medical devices. This acquisition will strengthen Amcor’s leadership in the Asia Pacific medical packaging segment, especially serving China, India, and Southeast Asia markets.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐬 𝐛𝐲 𝐅𝐥𝐞𝐱𝐢𝐛𝐥𝐞 𝐏𝐥𝐚𝐬𝐭𝐢𝐜 𝐏𝐚𝐜𝐤𝐚𝐠𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭

Flexible Plastic Packaging Market By Material, 2020-2029, (USD Billion), (Thousand Units).

Plastic

Aluminum Foil

Flexible Plastic Packaging Market By Type, 2020-2029, (USD Billion), (Thousand Units).

Pouches

Roll Stocks

Bags

Wraps

Flexible Plastic Packaging Market By Technology, 2020-2029, (USD Billion), (Thousand Units).

Flexography

Rotogravure

Digital Printing

Flexible Plastic Packaging Market By Application, 2020-2029, (USD Billion), (Thousand Units).

Food

Beverage

Pharma and Healthcare

Personal Care and Cosmetics

𝐓𝐨 𝐫𝐞𝐜𝐞𝐢𝐯𝐞 𝐚 𝐏𝐃𝐅 𝐬𝐚𝐦𝐩𝐥𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭, 𝐯𝐢𝐬𝐢𝐭

https://exactitudeconsultancy.com/reports/19078/Flexible Plastic Packaging Market/#request-a-sample

𝗗𝘂𝗿𝗶𝗻𝗴 𝘁𝗵𝗲 𝗳𝗼𝗿𝗲𝗰𝗮𝘀𝘁 𝗽𝗲𝗿𝗶𝗼𝗱, 𝘁𝗵𝗲 𝗙𝗼𝗼𝗱 𝗶𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗵𝗮𝗱 𝘁𝗵𝗲 𝗵𝗶𝗴𝗵𝗲𝘀𝘁 𝗖𝗔𝗚𝗥 𝗶𝗻 𝘁𝗲𝗿𝗺𝘀 𝗼𝗳 𝗘𝗻𝗱 𝗨𝘀𝗲 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆.

The flexible plastic packaging market is experiencing its highest CAGR during the forecast period due to the food industry's significant role in driving its growth. Several factors, such as the growing need for clean and eco-friendly food packaging, urbanization, evolving consumer habits, and disposable income, contribute to this trend. Presently, consumers prioritize food safety and aesthetic appeal, prompting manufacturers to invest in specialized R&D facilities equipped with cutting-edge technologies to develop packaging that satisfies these needs. Flexible plastic packaging offers numerous benefits that appeal to both food industry manufacturers and consumers. Its great ability to block out substances ensures the safety of food items, and being lightweight and requiring fewer resources to make, it is a more environmentally-friendly choice. Furthermore, flexible packaging has the ability to prolong the shelf life of food items, thus decreasing food wastage and enhancing the overall quality of the products. The growth of the flexible packaging market in the food industry is being driven by the rising demand for hygienic and visually attractive packaging, along with the benefits it offers.

𝗧𝗵𝗲 𝗣𝗼𝘂𝗰𝗵𝗲𝘀 𝘀𝗲𝗴𝗺𝗲𝗻𝘁 𝘀𝗮𝘄 𝘁𝗵𝗲 𝗵𝗶𝗴𝗵𝗲𝘀𝘁 𝗖𝗔𝗚𝗥 𝗴𝗿𝗼𝘄𝘁𝗵 𝗶𝗻 𝘁𝗵𝗲 𝗳𝗼𝗿𝗲𝗰𝗮𝘀𝘁 𝗽𝗲𝗿𝗶𝗼𝗱 𝗮𝗰𝗰𝗼𝗿𝗱𝗶𝗻𝗴 𝘁𝗼 𝗣𝗮𝗰𝗸𝗮𝗴𝗶𝗻𝗴 𝗧𝘆𝗽𝗲.

The pouches segment is projected to experience the most significant CAGR in the upcoming forecast period. Pouches are compact containers created from two pliable and flat sheets sealed at the edges to create a chamber with a volume determined by the walls' placement. Two primary types of pouches are stand-up pouches (SUPs) and flat or pillow pouches. Stand-up pouches are divided into standard and retort stand-up pouches. Pouches make an excellent choice for packaging bulk coffee or food items like dried or smoked meats, being convenient, sealable, and coming in various sizes and types.

𝗗𝘂𝗿𝗶𝗻𝗴 𝘁𝗵𝗲 𝗳𝗼𝗿𝗲𝗰𝗮𝘀𝘁 𝗽𝗲𝗿𝗶𝗼𝗱, 𝘁𝗵𝗲 𝗣𝗹𝗮𝘀𝘁𝗶𝗰 𝘀𝗲𝗴𝗺𝗲𝗻𝘁 𝗲𝘅𝗽𝗲𝗿𝗶𝗲𝗻𝗰𝗲𝗱 𝘁𝗵𝗲 𝗴𝗿𝗲𝗮𝘁𝗲𝘀𝘁 𝗶𝗻𝗰𝗿𝗲𝗮𝘀𝗲 𝗶𝗻 𝗴𝗿𝗼𝘄𝘁𝗵 𝗯𝗮𝘀𝗲𝗱 𝗼𝗻 𝗠𝗮𝘁𝗲𝗿𝗶𝗮𝗹 𝗧𝘆𝗽𝗲.

The move towards plastic flexible packaging choices is expected to significantly affect the future of the flexible plastic packaging industry. A variety of polymers can be used to create plastic films, which can be shaped as desired by applying heat or pressure. Plastic films are simple to shape, have high quality, are affordable, and offer great barrier properties. Therefore, they are the top choice for packaging that is made of flexible plastic. Additionally, plastic films provide the ability to reduce thickness, enabling manufacturers to use fewer resources in creating packaging. Plastic films allow for great visibility of products and offer secure and appealing packaging choices. Polyethylene, polypropylene, PVC, and polyamide are commonly utilized in the production of plastic films for flexible packaging.

𝐅𝐥𝐞𝐱𝐢𝐛𝐥𝐞 𝐏𝐥𝐚𝐬𝐭𝐢𝐜 𝐏𝐚𝐜𝐤𝐚𝐠𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬

The flexible plastic packaging market in Asia-Pacific is led by increasing demand for flexible packaging solutions. Moreover, the rise in disposable income will continue to enhance the expansion of the flexible plastic packaging sector in the area throughout the projected timeframe. The flexible plastic packaging market in the Asia-Pacific region is expected to experience substantial growth, driven by increased production, exports, and imports. Additionally, the increased use of items like food, beverages, and medications is expected to drive the growth of the flexible plastic packaging industry in the area in the near future.

The market is primarily led by North America as the second most dominant region. Companies like Berry Global, Sealed Air, and Sonoco Products Company, as well as other important players, are driving market expansion through innovative product development and technology integration.

𝙏𝙝𝙖𝙣𝙠 𝙮𝙤𝙪 𝙛𝙤𝙧 𝙧𝙚𝙖𝙙𝙞𝙣𝙜 𝙩𝙝𝙚 𝙧𝙚𝙥𝙤𝙧𝙩. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.

𝐖𝐞 𝐨𝐟𝐟𝐞𝐫 𝐫𝐞𝐩𝐨𝐫𝐭 𝐜𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐛𝐚𝐬𝐞𝐝 𝐨𝐧 𝐨𝐮𝐫 𝐜𝐥𝐢𝐞𝐧𝐭𝐬’ 𝐬𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐫𝐞𝐪𝐮𝐢𝐫𝐞𝐦𝐞𝐧𝐭𝐬:

– Country-level analysis for 5+ countries of your choice.

– Competitive analysis of 5+ key market players.

– 40+ free analyst hours to cover any additional data points.

𝐁𝐫𝐨𝐰𝐬𝐞 𝐌𝐨𝐫𝐞 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:

𝗣𝗼𝗹𝘆𝗰𝗮𝗿𝗯𝗼𝗻𝗮𝘁𝗲 𝗗𝗶𝗼𝗹𝘀 𝗠𝗮𝗿𝗸𝗲𝘁

https://exactitudeconsultancy.com/reports/25700/polycarbonate-diol-market/

[The global polycarbonate diol market is expected to grow at 6% CAGR from 2024 to 2030. It is expected to reach above USD 374.4 million by 2030 from USD 249 million in 2023.]

𝗦𝘆𝗻𝘁𝗵𝗲𝘁𝗶𝗰 𝗤𝘂𝗮𝗿𝘁𝘇 𝗠𝗮𝗿𝗸𝗲𝘁

https://exactitudeconsultancy.com/reports/18775/synthetic-quartz-market

[The global synthetic quartz market size is to be valued at USD 139.49 million by 2030 and is expected to grow at a compound annual growth rate (CAGR) of 5.6% during the forecast period.]

𝗟𝗼𝗻𝗴 𝗳𝗶𝗯𝗲𝗿 𝘁𝗵𝗲𝗿𝗺𝗼𝗽𝗹𝗮𝘀𝘁𝗶𝗰 (𝗟𝗙𝗧) 𝗠𝗮𝗿𝗸𝗲𝘁

https://exactitudeconsultancy.com/reports/16173/long-fiber-thermoplastic-lft-market/

[The long fiber thermoplastic (LFT) market is expected to grow at 8.6% CAGR from 2024-2030. It is expected to reach above USD 6.17 Billion by 2030 from USD 3.02 Billion in 2023.]

𝗠𝗶𝗹𝗶𝘁𝗮𝗿𝘆 𝗔𝗲𝗿𝗼𝘀𝗽𝗮𝗰𝗲 𝗖𝗼𝗮𝘁𝗶𝗻𝗴𝘀 𝗠𝗮𝗿𝗸𝗲𝘁

https://exactitudeconsultancy.com/reports/15276/military-aerospace-coatings-market/

[The military aerospace coatings market is expected to grow at 6% CAGR from 2024-2030. It is expected to reach above USD 537 Million by 2030 from USD 318 Million in 2023.]

𝗔𝘀𝗽𝗵𝗲𝗿𝗶𝗰 𝗟𝗲𝗻𝘀𝗲𝘀 𝗠𝗮𝗿𝗸𝗲𝘁

https://exactitudeconsultancy.com/reports/12665/aspheric-lenses-market/

[The global aspheric lenses market size was USD 20.55 Billion in 2023 and is projected to reach USD 35.92 Billion by 2030, exhibiting a CAGR of 6.4% during the forecast period.]

𝗢𝗶𝗹 𝗧𝗲𝗺𝗽𝗲𝗿𝗲𝗱 𝗦𝗽𝗿𝗶𝗻𝗴 𝗦𝘁𝗲𝗲𝗹 𝗪𝗶𝗿𝗲 𝗠𝗮𝗿𝗸𝗲𝘁

https://exactitudeconsultancy.com/reports/4383/oil-tempered-spring-steel-wire-market/

[The global oil tempered spring steel wires market is expected to grow at more than 2.6% CAGR from 2024 to 2030. It is expected to reach above USD 1.68 billion by 2030 from USD 1.33 billion in 2023.]

𝗖𝗹𝗼𝘀𝗲𝗱 𝗠𝗼𝗹𝗱𝗶𝗻𝗴 𝗖𝗼𝗺𝗽𝗼𝘀𝗶𝘁𝗲𝘀 𝗠𝗮𝗿𝗸𝗲𝘁

https://exactitudeconsultancy.com/reports/17071/closed-molding-composites-market/

[The closed molding composites market is expected to grow at 6.4% CAGR from 2024-2030. It is expected to reach above USD 90.34 Billion by 2030 from USD 52.10 Billion in 2023.]

𝗚𝗮𝘀 𝗠𝗶𝘅𝘁𝘂𝗿𝗲𝘀 𝗠𝗮𝗿𝗸𝗲𝘁

https://exactitudeconsultancy.com/reports/18122/gas-mixtures-market.

[The global gas mixtures market is expected to grow at 5.80 % CAGR from 2024-2030. It is expected to reach above USD 62.45 Billion by 2030 from USD 37.60 Billion in 2023.]

𝗙𝗶𝗯𝗲𝗿𝗴𝗹𝗮𝘀𝘀 𝗥𝗼𝘃𝗶𝗻𝗴 𝗠𝗮𝗿𝗸𝗲𝘁

https://exactitudeconsultancy.com/reports/26407/fiberglass-roving-market/

[The fiberglass roving market is expected to grow at 8.34 % CAGR from 2024 to 2030. It is expected to reach above USD 18.86 Billion by 2030 from USD 9.17 Billion in 2023.]

𝗦𝗮𝗻𝗶𝘁𝗶𝘇𝗶𝗻𝗴 𝗔𝗴𝗲𝗻𝘁𝘀 𝗠𝗮𝗿𝗸𝗲𝘁

https://exactitudeconsultancy.com/reports/5137/sanitizing-agents-market/

[The global Sanitizing Agents Market is expected to grow at 7.80% CAGR from 2024 to 2030. It is expected to reach above 32.34 USD billion by 2030 from 16.90 USD billion in 2023.]

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬

Exactitude Consultancy is a market research & consulting services firm which helps its client to address their most pressing strategic and business challenges. Our market research helps clients to address critical business challenges and also helps make optimized business decisions with our fact-based research insights, market intelligence, and accurate data.

𝐈𝐧𝐪𝐮𝐢𝐫𝐞:

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