Global Flexible Packaging Market Report 2022 to 2028: Growing Demand for Sustainable Packaging Solutions Presents Opportunities - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Global Flexible Packaging Market 2022-2028" report has been added to ResearchAndMarkets.com's offering.

The publisher has estimated that the global flexible packaging market to progress with a CAGR of 4.66% in revenue and 4.01% in volume during the forecasted period 2022-2028.

The growing urbanization and higher focus on sustainability in packaging have raised the demand for convenient packaging. In this regard, flexible packaging preserves consumer products such as food & beverages for longer, increasing their shelf life. Hence, these factors are contributing to the growth of the flexible packaging market.

However, the cost of materials in the production of flexible packaging constitutes around 60% of the total expenditure. As a result, vendors charge high prices from the customers, which negatively impacts the studied market's growth. On the bright side, the increasing public awareness regarding environmental issues has boosted the demand for sustainable packaging solutions. This, along with the rapid growth of the e-commerce industry, presents growth opportunities for the market.

Regional Outlook

The global flexible packaging market spans North America, Latin America, Asia-Pacific, the Middle East and Africa, and Europe. Asia-Pacific presently leads the global market and is estimated to reign over the forecast period.

Factors such as the rising packaged food market, private investments in flexible packaging, and expanding plastic production are expected to augment the flexible packaging market's growth in the region. Furthermore, due to the availability of low-cost labor, manufacturers are implementing new strategies, such as product launches, agreements, acquisitions, etc., to gain a competitive edge in the market. These developments are driving the market's growth.

Competitive Outlook

The key players in the flexible packaging market include Amerplast, Bischof + Klein SE & Co KG, Sealed Air Corporation, Mondi Group, Michelman Japan LLC, Asahi Kasei, Hosokawa Yoko Co Ltd, Bryce Corporation, Korpack Corporation, Amcor Ltd, Kohjin Film & Chemicals Co Ltd, American Packaging Corporation, EPAC, Rengo Co Ltd, Dai Nippon Printing Co Ltd, Flair Flexible Packaging Corporation, Mitsui Bussan Packaging Co Ltd, Takigawa Corporation, Handoo Package Co Ltd, Okura Industrial, Solvay SA, TCL Packaging, Coveris Management GmbH, and KM Packaging Services Ltd.

Sealed Air Corporation is a diversified packaging solution company. It offers films, packaging equipment systems, trays, and easy-open solutions under various trademarks and patents. The company serves various industries, including food service, healthcare, retail, industrial, food & beverages, commercial, and consumer. It has operations across multiple regions comprising the Asia-Pacific, the Middle East and Africa, Europe, North America, and Latin America. The company is headquartered in North Carolina, the United States.

Key Topics Covered:

1. Global Flexible Packaging Market - Summary

2. Industry Outlook
2.1. Impact of Covid-19 on the Flexible Packaging Market
2.2. Key Insights
2.2.1. Flexible Plastics Are a Good Substitute for Traditional Packaging
2.2.2. Improvements in Manufacturing Activities
2.2.3. Rotogravure Printing is Expected to Show High Growth Trends
2.3. Porter's Five Forces Analysis
2.4. Market Attractiveness Index
2.5. Vendor Scorecard
2.6. Industry Components
2.6.1. Manufacturers
2.6.2. Distributors
2.6.3. End-User
2.7. Key Market Strategies
2.7.1. Mergers & Acquisitions
2.7.2. Product Launches & Developments
2.7.3. Partnerships & Agreements
2.7.4. Business Expansions & Divestitures
2.8. Market Drivers
2.8.1. Rise in Demand for Convenient Packaging
2.8.2. Increasing Demand for Processed and Packaged Food
2.8.3. Need for Improved Shelf Life
2.9. Market Challenges
2.9.1. Challenges in Recycling Flexible Packaging Products
2.9.2. High Operational Cost
2.9.3. Increasing Raw Material Costs
2.10. Market Opportunities
2.10.1. Growing Demand for Sustainable Packaging Solutions
2.10.2. Increased Demand from the E-Commerce Industry

3. Global Flexible Packaging Market - by Raw Material (Revenue in $ Billion & Volume in Kiloton)
3.1. Paper
3.2. Aluminum
3.3. Bioplastic
3.4. Plastic

4. Global Flexible Packaging Market - by Application (Revenue in $ Billion & Volume in Kiloton)
4.1. Food & Beverage
4.2. Pharmaceutical
4.3. Cosmetics
4.4. Others

5. Global Flexible Packaging Market - by Type (Revenue in $ Billion)
5.1. Stand-Up Pouches
5.2. Flat Pouches
5.3. Rollstock
5.4. Gusseted Bags
5.5. Wicketed Bags
5.6. Wraps

6. Global Flexible Packaging Market - by Printing Technology (Revenue in $ Billion)
6.1. Flexography
6.2. Rotogravure
6.3. Digital Printing
6.4. Others

7. Global Flexible Packaging Market - Regional Outlook (Revenue in $ Billion & Volume in Kiloton)

8. Competitive Landscape
8.1. Rengo Co Ltd
8.2. Mitsui Bussan Packaging Co Ltd
8.3. Hosokawa Yoko Co Ltd
8.4. Takigawa Corporation
8.5. Michelman Japan LLC
8.6. Asahi Kasei
8.7. Dai Nippon Printing Co Ltd
8.8. Kohjin Film & Chemicals Co Ltd
8.9. Okura Industrial
8.10. Sealed Air Corporation
8.11. Flair Flexible Packaging Corporation
8.12. Epac
8.13. Korpack Corporation
8.14. Handoo Package Co Ltd
8.15. Mondi Group
8.16. Amcor Ltd
8.17. Amerplast
8.18. Solvay S.A.
8.19. Coveris Management GmbH
8.20. Km Packaging Services Ltd
8.21. Tcl Packaging
8.22. American Packaging Corporation
8.23. Bryce Corporation
8.24. Bischof + Klein Se & Co Kg

9. Research Methodology & Scope

For more information about this report visit https://www.researchandmarkets.com/r/g8kjxs

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