Uploaded on Dec 9, 2020
The increasing disposable incomes and growing demand for fast moving consumer goods drives the growth of the flexible packaging market. Growing urbanization has resulted in urban citizens spending most of their time at work and everyday commute, which has increased the demand for convenient packaging for on-the-go consumption, thereby supporting the flexible packaging market growth.
Flexible Packaging Market Size To Reach $335 Billion By 2026
Flexible Packaging Market
Set to Exceed $335 Billion By 2026 | CAGR: 4.3%
“Flexible Packaging Market Share, Size, Trends, Industry
Analysis Report, By Type (Bags, Pouches, Wraps, Others) By
Material (Paper, Plastic, Flexible Foam, Aluminum Foil,
Bioplastics, Others) By End-User (Food and Beverage,
Healthcare, Retail, Consumer Goods, Others), By Regions,
Segments & Forecast, 2018 - 2026”
Flexible Packaging Market Estimate & Forecast to 2026
The global Flexible Packaging Market is anticipated to reach $335 billion by 2026 according to a new
research published by Polaris Market Research. In 2017, the food and beverage segment accounted for
the highest market share in terms of revenue. Asia-Pacific is expected to be the leading contributor to the
global Flexible Packaging market revenue in 2017.
The increasing disposable incomes and growing demand for fast moving consumer goods drives the
growth of the flexible packaging market. Growing urbanization has resulted in urban citizens spending
most of their time at work and everyday commute, which has increased the demand for convenient
packaging for on-the-go consumption, thereby supporting the flexible packaging market growth. Brand
owners are taking initiatives to optimize packaging operations to meet the global competition, increase
productivity, enhance shelf life of products, improve overall efficiency, and create brand differentiation in
the market. The demand for new and unique packaging sizes, shapes and configurations has increased
from industries such as food and beverages, cosmetics, and healthcare among others. The increasing
need to offer convenient packaging solutions while also addressing environmental concerns has boosted
the flexible packaging market growth.
Copyright © Polaris Market Research & Consulting LLP 2018. All Rights Reserved 2
Flexible Packaging Market Scope
By Type By Material By End-User By Region Report Attributes
Bags Paper Food and Beverage North America Historic year: 2015-2016
Pouches Plastic Healthcare Europe Base year: 2017
Wraps Flexible Foam Retail Asia Pacific Forecast Year: 2018-2026
Others Aluminum Foil Consumer Goods Latin America Middle East Revenue ((USD Billion)
Bioplastics Others & Africa
Others
Request for sample
Copyright © Polaris Market Research & Consulting LLP 2018. All Rights Reserved 3
Flexible Packaging Market Estimate & Forecast to 2026
Numerous key players have adopted partnership and acquisition strategies to increase their market share
in the global flexible packaging market. For instance, In December 2015, Mondi Group signed an
agreement for the acquisition of 95% of the outstanding share capital in KSP, Co. KSP is a flexible
packaging company based in South Korea with strong focus on production of high-quality spouted and
retort stand-up pouches for food, pet food and beverage industries. The acquisition of KSP compliments
Mondi’s stand-up pouch operations in Korneuburg, Austria and Jackson, US while expanding its
presence in U.S. and Asia. In July 2016, Mondi Group also signed an agreement to acquire Uralplastic.
Uralplastic manufactures a range of consumer flexible packaging products for food, hygiene, homecare
and other applications. The acquisition of Uralplastic supports the development of Mondi’s consumer
packaging business, strengthens its presence in the Russian consumer packaging market, and expands
its offerings in the flexible packaging market.
The well-known companies profiled in the Flexible Packaging report include Amcor Limited, Mondi Group,
Berry Plastics Corporation, Sonoco Products Company, American Packaging Corporation, Novolex
Holding Inc., Bemis Company, Inc, Constantia Flexibles International GmbH, Ampac Holding, and Sigma
Plastics Group. These companies launch new products and collaborate with other market leaders to
innovate and launch new products to meet the increasing needs and requirements of consumers.
Browse Complete Report
Copyright © Polaris Market Research & Consulting LLP 2018. All Rights Reserved 4
Flexible Packaging Market Size
Request for TOC
Copyright © Polaris Market Research & Consulting LLP 2018. All Rights Reserved 5
Flexible Packaging Market Study – Engagement Options
Buy Now – Click Here!
Buy now & have immediate access to premium insights
Purchase Report Sections – Click Here!
Regional analysis
Segmentation analysis
Industry outlook
Competitive landscape
Speak To Analyst – Click Here!
Get your doubts clear
Schedule a call with our analyst before making any decision
Request For Sample Pages – Click Here!
Get free sample pages
Understand report structure
Unmask data for validation
Copyright © Polaris Market Research & Consulting LLP 2018. All Rights Reserved 6
About Us
Polaris Market Research is a global market research and consulting company. The company
specializes in providing exceptional market intelligence and in-depth business research services
for our clientele spread across different enterprises. We at Polaris are obliged to e present across
the industries of healthcare, technology, semi-conductors and chemicals among various other
industries present around the world.
We strive to provide our customers with updated information on innovative technologies, high
growth markets, emerging business environments and latest business-centric applications,
thereby helping them always to make informed decisions and leverage new opportunities. Adept
with a highly competent, experienced and extremely qualified team of experts comprising SMEs,
analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our
customers.
Web: www.polarismarketresearch.com
Official Blog: http://polarismarketresearch.blogspot.com
Copyright © Polaris Market Research & Consulting LLP 2018. All Rights Reserved 7
Thank You!
Contact Us :
Polaris Market Research
30 Wall Street
8th Floor,
New York City, NY 10005,
United States
E mail Id: [email protected]
Phone: +1-646-568-9980
Comments