Flexible Plastic Packaging Market Size to Increase by USD 40.13 Bn | APAC to Occupy 45% Market Share | Technavio – PRNewswire


Technavio

Oct 13, 2021, 05:30 ET

NEW YORK, Oct. 13, 2021 /PRNewswire/ — The “” report has been added to  Technavio’s offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years. 

The potential growth difference for the flexible plastic packaging market between 2021 and 2025 is USD 40.13 billion. To get the exact yearly growth variance and the Y-O-Y growth rate, .

Key Market Dynamics: 

  • Market Driver 
  • Market Challenges 

The rising focus on improving the shelf life of products and shift from rigid packaging to flexible plastic packaging are some of the key factors influencing the market growth positively in the upcoming years. However, the high cost involved in manufacturing flexible plastic packaging might limit the market growth. 

Learn about additional drivers, trends, and challenges influencing the market in our full report.

The flexible plastic packaging market report is segmented by product (pouches, bags, films and wraps, and others), end-user (food and beverage, healthcare, and others), and geography (APAC, Europe, North America, South America, and MEA).  In terms of geography, 45% of the market’s growth will originate from APAC. China and India are the key markets for flexible plastic packaging in APAC.

Get accurate prediction of the contribution of all the segments and regionals toward market growth.

Companies mentioned with their Offerings

  • Amcor Plc: The company offers flexible packaging which is innovative, attractive, and more sustainable packaging that helps brands stand out and better protects the planets.
  • Berry Global Group Inc.: The company offers flexible packaging for supermarket films, shrink films and stretch films.
  • CCL Industries Inc.
  • Clondalkin Group Holdings BV
  • Coveris Management GmbH
  • Gain access to more vendor profiles featured in the report. .

Related Reports:

Global Metal Caps and Closures Market – Global metal caps and closures market is segmented by end-user (food and beverage, pharmaceuticals, personal care, and others) and geography (APAC, Europe, North America, South America, and MEA).

Global Medical Device Packaging Market – Global medical device packaging market is segmented by product (pouches, trays, clamshells, and other products) and geography (Europe, North America, APAC, South America, and MEA).

Flexible Plastic Packaging Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of almost 5%

Market growth 2021-2025

USD 40.13 billion

Market structure

Fragmented

YoY growth (%)

4.14

Regional analysis

APAC, Europe, North America, South America, and MEA

Performing market contribution

APAC at 45%

Key consumer countries

US, China, UK, Germany, and India

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Amcor Plc, Berry Global Group Inc., CCL Industries Inc., Clondalkin Group Holdings BV, Coveris Management GmbH, Huhtamaki Oyj, Mondi Group, Sealed Air Corp., Sonoco Products Co., and UFlex Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Key Topics Covered: 

  • Executive Summary 
  • Market Landscape 
  • Market Sizing 
  • Five Forces Analysis 
  • Market Segmentation 
  • Customer landscape 
  • Geographic landscape 
  • Vendor Landscape 
  • Vendor Analysis 
  • Appendix

About Us 

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact 
Technavio Research 
Jesse Maida 
Media & Marketing Executive 
US: +1 844 364 1100 
UK: +44 203 893 3200 
Email:
Website: 

SOURCE Technavio

Related Links

Copyright © CSRA Science