Flexible Packaging Market 2020
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.
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Major Key Players
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.
The research conducted by expert analysts has been combined here under one banner to provide an accurate report on the recent trends prevailing in the Flexible Packagingmarket. There is a brief analysis offers the reader with genuine insight into the workings of the market as a whole. There is discussion regarding the numerous processes that make amalgamate to create the product/service. The study provides a look into how the competition prevailing in the market has impacted the growth of the product/service in the Flexible Packagingmarket. The forecast period for this report is 2020 to 2026 with 2019 as the base year. Market dynamics have a visible effect on the performance of the product/service. The risks inherent also play a role in how the pricing for a product/service can be decided in the volatile market situation.
Drivers and Risks
The impact of the drivers and risks of the market on the pricing of the product/service in the Flexible Packagingindustry can be seen by analysing the historical data available. The data is studied to map the progress of the industry in the forecast period. Of all the historical information available, sales volume and pricing have been considered with great focus to understand the influence of existing risks and opportunities on the market performance.
The regional study of the Flexible Packagingmarket focuses on the global arena of the industry. The production for the product/service by various manufacturers is spread over the entire globe. The main areas included in the report consist of manufacturers established in North America, Europe, Latin America, China, Japan, India, Southeast Asia, Middle East, and Africa. The demographic split of each region shows how the market performs, and its impact on market trends.
Method of Research
The model used in this report is Porter’s Five Force Model. The model provides a considerably accurate analysis of the numerous aspects of the Flexible Packagingindustry. Assessment includes both qualitative and quantitative factors influencing the performance of the product/service. SWOT analysis the Strengths, Weaknesses, Opportunities, and Threats of the Flexible Packagingindustry to provide accurate information in the report. Market drivers, challenges, restraints give additional information to the readers.
Table of Contents – Major Key Points
1. Overview and Scope
2. Executive Summary
3. Flexible Packaging Market Insights
4. Flexible Packaging Market Size and Forecast, 2018-2026 by Type
5. Flexible Packaging Market Size and Forecast, 2018-2026 by Material
6. Flexible Packaging Market Size and Forecast, 2018-2026 by End-User
7. Flexible Packaging Market Size and Forecast, 2018-2026 by Region
8. Company Profiles
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