Flexible Packaging

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

LUTON, BEDFORDSHIRE, UNITED KINGDOM, September 3, 2024 /EINPresswire.com/ -- 𝐅𝐥𝐞𝐱𝐢𝐛𝐥𝐞 𝐏𝐚𝐜𝐤𝐚𝐠𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:

𝑹𝒆𝒗𝒆𝒏𝒖𝒆 𝒇𝒓𝒐𝒎 𝒕𝒉𝒆 𝒈𝒍𝒐𝒃𝒂𝒍 𝑭𝒍𝒆𝒙𝒊𝒃𝒍𝒆 𝑷𝒂𝒄𝒌𝒂𝒈𝒊𝒏𝒈 𝑴𝒂𝒓𝒌𝒆𝒕 𝒔𝒊𝒛𝒆 𝒊𝒔 𝒆𝒔𝒕𝒊𝒎𝒂𝒕𝒆𝒅 𝒕𝒐 𝒓𝒆𝒂𝒄𝒉 𝑼𝑺$ 216.4 𝒃𝒊𝒍𝒍𝒊𝒐𝒏 𝒊𝒏 2023. 𝑻𝒉𝒆 𝒎𝒂𝒓𝒌𝒆𝒕 𝒉𝒂𝒔 𝒃𝒆𝒆𝒏 𝒂𝒏𝒂𝒍𝒚𝒛𝒆𝒅 𝒕𝒐 𝒄𝒍𝒊𝒎𝒃 𝒕𝒐 𝒂 𝒗𝒂𝒍𝒖𝒆 𝒐𝒇 𝑼𝑺$ 216.70 𝒃𝒊𝒍𝒍𝒊𝒐𝒏 𝒃𝒚 𝒕𝒉𝒆 𝒆𝒏𝒅 𝒐𝒇 2030, 𝒆𝒙𝒑𝒂𝒏𝒅𝒊𝒏𝒈 𝒂𝒕 𝒂 𝑪𝑨𝑮𝑹 𝒐𝒇 4.1% 𝒐𝒗𝒆𝒓 𝒕𝒉𝒆 𝒏𝒆𝒙𝒕 𝒅𝒆𝒄𝒂𝒅𝒆.

Flexible packaging is a cost-effective and versatile way of packaging items by utilizing materials that are not stiff in structure. Although still a new method in the packaging sector, it has become widely popular due to its high efficiency and affordable price point. Various types of flexible packaging items, including pouches, bags, sachets, roll stocks, wraps, and more, are manufactured using a range of flexible materials like metal, plastic, and paper. Sectors such as food and beverage, personal care, and pharmaceutical industries can greatly gain from flexible packaging, which is essential for versatile packaging needs.

Flexible packaging is the packaging industry's segment experiencing the most rapid growth, as it enhances the marketability and value of both edible and non-edible products. This growth is enabled by blending the characteristics of plastic, paper, and aluminum to create a variety of products that offer protection and prevention. Made from flexible materials, this adaptable packaging serves various industries like fast-moving consumer goods (FMCG), retail, and industrial sectors, among others. Saving time, money, and materials results in lowered manufacturing costs, ultimately supporting the growth of the worldwide flexible packaging market.

𝐆𝐚𝐢𝐧 𝐀𝐜𝐜𝐞𝐬𝐬 𝐭𝐨 𝐭𝐡𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 @

https://exactitudeconsultancy.com/reports/2836/flexible-packaging-market/

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐑𝐢𝐯𝐚𝐥𝐫𝐲:

The Flexible 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: Sealed Air Corporation, Amcor, Berry Global Inc., Mondi, Sonoco, Huhtamaki, Coveris, Transcontinental Inc., Clondalkin Group, and others.

𝐑𝐞𝐜𝐞𝐧𝐭 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭:

𝗠𝗮𝗿𝗰𝗵 𝟮𝟭, 𝟮𝟬𝟮𝟰: Amcor (NYSE:AMCR, ASX:AMC), a global leader in developing and producing responsible packaging solutions, is the proud recipient of eight Flexible Packaging Achievement Awards for innovative and sustainable contributions to the industry.

𝟯 𝗝𝘂𝗹𝘆, 𝟮𝟬𝟮𝟰: Mondi, a global leader in sustainable packaging and paper, is launching the latest addition to its popular portfolio of sustainable pre-made plastic bags – FlexiBag Reinforced: a range of innovative mono-PE-based, recyclable packaging solutions with improved mechanical properties.

𝐅𝐥𝐞𝐱𝐢𝐛𝐥𝐞 𝐏𝐚𝐜𝐤𝐚𝐠𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐲𝐧𝐚𝐦𝐢𝐜𝐬

𝗗𝗿𝗶𝘃𝗲𝗿𝘀:

The flexible packaging market is anticipated to experience growth due to the rising demand for packaged and processed food in the foreseeable future. Packaged foods are food items that have been frozen, packaged, canned, cooked, or altered in nutritional content and are fortified and preserved through various methods. Food companies are embracing flexible packaging, which consists of various packages that are easily shaped. Therefore, an increase in the consumption of packaged and processed food is expected to drive the need for flexible packaging in the market.

The increasing trend of consumers towards sustainable and convenient products is another key factor expected to drive the market. Consumer preferences are shifting due to busy schedules and the need for compact, convenient household items that serve their fast-paced lifestyles. Consumers are motivated to make purchases by the convenience of packaging. It impacts consumers' preferences for a specific design or packaging style and affects their actions. Therefore, these factors are expected to drive market expansion.

𝗥𝗲𝘀𝘁𝗿𝗮𝗶𝗻𝘁𝘀:

Increased environmental worries have limited the use of flexible plastic packaging, a factor that is expected to impede the growth of the flexible packaging market in the future. Plastic bags that cannot be recycled are now a significant cause of pollution worldwide. Concerns have been raised regarding the presence of plastic in marine debris and garbage. Therefore, these issues posed a significant obstacle for the flexible packaging sector.

The high cost of flexible packaging is another major factor limiting the market growth during the forecast period. This is mainly attributed to the high cost of recycling and processing packaging materials, high labor costs, and fluctuation in the price of raw materials. These factors are also the major challenging factor for the growth of the market in the coming years.

𝐓𝐨 𝐫𝐞𝐜𝐞𝐢𝐯𝐞 𝐚 𝐏𝐃𝐅 𝐬𝐚𝐦𝐩𝐥𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭, 𝐯𝐢𝐬𝐢𝐭

https://exactitudeconsultancy.com/reports/2836/flexible-packaging-market/#request-a-sample

𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐬 𝐛𝐲 𝐅𝐥𝐞𝐱𝐢𝐛𝐥𝐞 𝐏𝐚𝐜𝐤𝐚𝐠𝐢𝐧𝐠

Flexible Packaging Market by Material, 2020-2029, (USD Billion) (Kilotons)

Polyethylene

Polypropylene

Polyamine

Polyvinyl Chloride

Polystyrene

Flexible Packaging Market by Type, 2020-2029, (USD Billion) (Kilotons)

Stand Pouches

Flat Pouches

Rollstocks

Flexible Packaging Market by Application, 2020-2029, (USD Billion) (Kilotons)

Food & Beverage

Healthcare

Personal Care

𝗗𝘂𝗿𝗶𝗻𝗴 𝘁𝗵𝗲 𝗳𝗼𝗿𝗲𝗰𝗮𝘀𝘁 𝗽𝗲𝗿𝗶𝗼𝗱, 𝘁𝗵𝗲 𝗙𝗼𝗼𝗱 𝗶𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗵𝗮𝗱 𝘁𝗵𝗲 𝗵𝗶𝗴𝗵𝗲𝘀𝘁 𝗖𝗔𝗚𝗥 𝘄𝗵𝗲𝗻 𝗯𝗿𝗼𝗸𝗲𝗻 𝗱𝗼𝘄𝗻 𝗯𝘆 𝗘𝗻𝗱 𝗨𝘀𝗲 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆.

The food industry is driven by rising urbanization, changing lifestyles, high disposable income, and an increasing concern for hygiene and sustainability, which are the major factors fueling the flexible packaging market. Customers desire food products that are not only clean and secure but also visually appealing. Food service packaging manufacturers have a robust ecosystem. They continually create new things to make sure the customer gains advantages, and they operate a dedicated R&D facility that carries out multiple research-driven experiments using cutting-edge technologies. Nevertheless, because of the additional beneficial features of flexible packaging, including exceptional barrier properties, it can be manufactured with reduced resources, extends the shelf life of products, and more, drawing in consumers primarily from the food sector.

𝗗𝘂𝗿𝗶𝗻𝗴 𝘁𝗵𝗲 𝗳𝗼𝗿𝗲𝗰𝗮𝘀𝘁 𝗽𝗲𝗿𝗶𝗼𝗱, 𝘁𝗵𝗲 𝗣𝗼𝘂𝗰𝗵𝗲𝘀 𝘀𝗲𝗴𝗺𝗲𝗻𝘁 𝘀𝗵𝗼𝘄𝗲𝗱 𝘁𝗵𝗲 𝗵𝗶𝗴𝗵𝗲𝘀𝘁 𝗖𝗼𝗺𝗽𝗼𝘂𝗻𝗱 𝗔𝗻𝗻𝘂𝗮𝗹 𝗚𝗿𝗼𝘄𝘁𝗵 𝗥𝗮𝘁𝗲 (𝗖𝗔𝗚𝗥).

Pouches are tiny bags made up of two flexible side flat sheets that are sealed along the edges, creating a compartment whose size varies based on the walls' placement. The two main kinds of pouches are stand-up pouches (SUPs) and flat or pillow pouches. Standard stand-up pouches and retort stand-up pouches are the two types of pouches available.

Pouches are great for packaging bulk coffee and food items like dried or smoked meats. They are user-friendly, sealable with heat, and come in convenient packaging in various sizes and formats.

𝐅𝐥𝐞𝐱𝐢𝐛𝐥𝐞 𝐏𝐚𝐜𝐤𝐚𝐠𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬

Asia Pacific is the region that dominates the market and experiences the fastest growth. Rising disposable incomes, international investments, and expanding populations in nations like China, India, and Japan are fueling the need for products in the food & beverage sector. The e-commerce industry in the Asia Pacific region is experiencing growth due to the rising number of smartphone users and internet penetration.

This market's second largest region is North America. The pharmaceutical and e-commerce sectors that are already established are boosting the market's expansion in this area. Additionally, the North American region's growth is also influenced by the ongoing advancements in packaging machinery, coupled with the use of advanced technology.

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:

𝗢𝗽𝘁𝗶𝗰𝗮𝗹 𝗖𝗲𝗿𝗮𝗺𝗶𝗰𝘀 𝗠𝗮𝗿𝗸𝗲𝘁

https://exactitudeconsultancy.com/reports/18765/optical-ceramics-market

[The global optical ceramics market was valued at 239.15 million in 2023 and is projected to reach 542.04 million by 2030, growing at a CAGR of 12.4% from 2024-2030]

𝗨𝗩 𝗔𝗱𝗵𝗲𝘀𝗶𝘃𝗲𝘀 𝗠𝗮𝗿𝗸𝗲𝘁

https://exactitudeconsultancy.com/reports/27984/uv-adhesives-market

[The global UV Adhesives market is projected to reach USD 1333.24 million by 2030 from USD 661.42 million in 2023, at a CAGR of 9.36 % from 2024 to 2030.]

𝗘𝘅𝘁𝗿𝘂𝗱𝗲𝗱 𝗣𝗼𝗹𝘆𝗽𝗿𝗼𝗽𝘆𝗹𝗲𝗻𝗲 (𝗫𝗣𝗣) 𝗙𝗼𝗮𝗺 𝗠𝗮𝗿𝗸𝗲𝘁

https://exactitudeconsultancy.com/reports/26239/extruded-polypropylene-xpp-foam-market/

[Extruded Polypropylene (XPP) Foam Market is expected to grow at 6.7% CAGR from 2024-2030. It was valued at nearly 0.63 billion in 2023. It is expected to reach above USD 1.13 billion by 2030.]

𝗣𝗹𝗮𝘀𝘁𝗶𝘀𝗼𝗹𝘀 𝗠𝗮𝗿𝗸𝗲𝘁

https://exactitudeconsultancy.com/reports/25634/plastisols-market/

[The global plastisols market size was valued at USD 17.12 billion in 2023, and projected to reach USD 32.36 billion by 2030, with a CAGR of 7.33% from 2024-2030.]

𝗛𝗶𝗴𝗵 𝗧𝗲𝗺𝗽𝗲𝗿𝗮𝘁𝘂𝗿𝗲 𝗧𝗵𝗲𝗿𝗺𝗼𝗽𝗹𝗮𝘀𝘁𝗶𝗰 𝗠𝗮𝗿𝗸𝗲𝘁

https://exactitudeconsultancy.com/reports/16570/high-temperature-thermoplastic-market/

[The global high temperature thermoplastic market is projected to reach USD 38.59 billion by 2030 from USD 18.41 billion in 2023, at a CAGR of 9.3% from 2024-2030.]

𝗘𝗹𝗲𝗰𝘁𝗿𝗶𝗰𝗮𝗹 𝗜𝗻𝘀𝘂𝗹𝗮𝘁𝗶𝗼𝗻 𝗖𝗼𝗮𝘁𝗶𝗻𝗴𝘀 𝗠𝗮𝗿𝗸𝗲𝘁

https://exactitudeconsultancy.com/reports/4175/electrical-insulation-coatings-market/

[The global Electrical Insulation Coatings Market is expected to grow at 6.1% CAGR from 2024 to 2030. It is expected to reach above USD 14.31 billion by 2030 from USD 8.4 billion in 2023.]

𝗧𝗶𝗹𝗲 𝗔𝗱𝗵𝗲𝘀𝗶𝘃𝗲𝘀 _ 𝗦𝘁𝗼𝗻𝗲 𝗔𝗱𝗵𝗲𝘀𝗶𝘃𝗲𝘀 𝗠𝗮𝗿𝗸𝗲𝘁

https://exactitudeconsultancy.com/reports/27843/tile-adhesives-stone-adhesives-market/

[The tile adhesives & stone adhesives market is expected to grow at 9% CAGR from 2024 to 2030. It is expected to reach above USD 8.59 billion by 2030 from USD 4.34 billion in 2023.]

𝗥𝗲𝗹𝗲𝗮𝘀𝗲 𝗖𝗼𝗮𝘁𝗶𝗻𝗴𝘀 𝗠𝗮𝗿𝗸𝗲𝘁

https://exactitudeconsultancy.com/reports/28229/release-coatings-market/

[The global release coatings market size was valued at USD 164.31 million in 2023, and projected to reach USD 284.03 million by 2030, with a CAGR of 6.27% from 2024 to 2030.]

𝗖𝗮𝗿𝗯𝗼𝗻 𝗙𝗶𝗯𝗲𝗿 𝗖𝗼𝗺𝗽𝗼𝘀𝗶𝘁𝗲𝘀 𝗠𝗮𝗿𝗸𝗲𝘁

https://exactitudeconsultancy.com/reports/12995/carbon-fiber-composites-market/

[The global carbon fiber composites market is expected to grow at a 6% CAGR from 2024-2030. It is expected to reach above USD 27.91 billion by 2030 from USD 17.66 billion in 2023.]

𝗙𝗹𝗼𝗰𝗰𝘂𝗹𝗮𝗻𝘁 𝗮𝗻𝗱 𝗖𝗼𝗮𝗴𝘂𝗹𝗮𝗻𝘁 𝗠𝗮𝗿𝗸𝗲𝘁

https://exactitudeconsultancy.com/reports/26399/flocculant-and-coagulant-market

[The flocculant and coagulant market are expected to grow at 6% CAGR from 2024-2030. It is expected to reach above USD 9.28 Billion by 2030 from USD 5.49 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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