Uploaded on Feb 16, 2022
Flexible packaging is the type of packaging product which is made from flexible materials and easily resilient materials. Flexible packaging can be readily molded into multiple shapes after filling or canning. Furthermore, these packaging products is mainly composed of metals, plastics, papers, foil, paper sheet, laminated paper, and plastic layers.
Flexible Packaging Market
Flexible Packaging Market Competitive Analysis, Upcoming Demand And Growth Forecast
2019 To 2027
Market Overview
Flexible packaging is a packaging film that is produced from flexible materials which can be used
to package different shapes and size of the product. It is made up of paper, plastic, foil, sheet,
laminated sheet, and metal sheet. They ensure protection from damage during transportation and
storage. They increase shelf-life of the product and also reduce the production waste as it offers the
least packaging possible. Flexible packaging uses fewer materials than rigid containers and also
consumed less energy during production. Furthermore, it releases fewer greenhouse emissions
which make a better solution for a sustainable environment.
The global flexible packaging market is projected to surpass US$ 400 billion by the end of 2027, in
terms of revenue, growing at CAGR of 5.4% during the forecast period (2019 to 2027).
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Market Dynamics
The global flexible packaging market has witnessed significant growth in recent past years, owing
to increasing demand for packaging solutions from various end-user industries such as food &
beverage, medical and consumer goods industries. The flexible packaging products provided
enhanced protection, increased user convenience, and enhanced aesthetic appeal. These factors are
expected to drive the growth of the global flexible packaging market during the forecast period.
On the basis of product type, global flexible packaging market can be segmented into stand-up
pouches, vacuum pouches, retort pouches, converted roll stock, gusseted bags, wicketed bags,
laminated tubes, squeezable bottles, and others. Rising demand for lighter and convenient
packaging solutions in packaging industry is expected to provide lucrative growth to the market
growth during the projected timeframe.
Detailed Segmentation:
•Global Flexible Packaging Market, By Product Type:
•Stand-up Pouches
•Vacuum Pouches
•Retort Pouches
•Converted Roll Stock
•Gusseted Bags
•Wicketed Bags
•Laminated Tubes
•Squeezable Bottles
•Others
Key companies covered as a part of this study includes Amcor Limited, Bemis Company, Sealed
Air Corporation, Berry Plastics Group, Inc., Mondi Group, Sonoco Products Co., Huhtamäki Oyj,
Constantia Flexibles Gmbh, Ampac Holdings, Llc, Bischof + Klein International, Wipak Group, AR
Packaging, Goglio Group, Schur Flexibles, Clondalkin Group, Flair Flexible Packaging Solution
Cellpack Packaging, and Südpack Verpackungen
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