Insights on the Flexible Packaging Global Market to 2027 – Key Driving Factors and Challenges

Published On : 11/12/2021

Transparency Market Research delivers key insights on the flexible packaging market in its published report, which includes global industry analysis, size, share, growth, trends, and forecast for 2019–2027. In terms of revenue, the global flexible packaging market is projected to expand at a CAGR of ~5% during the forecast period, due to several factors, about which, TMR offers detailed insights and forecast in this report.

Flexible Packaging Market – An Overview

Flexible packaging is a format that is made up of various materials such as plastic, paper, metal, etc., and has the barrier property to protect products from contamination and the external environment. Flexible packaging is widely preferred due to its properties such as cost-effectiveness, durability, and light weight. There is the use of a wide variety of plastic polymers that include polypropylene, polyethylene, polyester, and nylon in producing films for flexible packaging. These plastic films are used to create products such pouches, bags, and other flexible products.

Get PDF brochure for Industrial Insights and business Intelligence @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=9839

Asia Pacific (APAC) Region to Witness Growth Opportunities

The flexible packaging market in Asia Pacific is estimated to hold a dominant position in terms of market share, estimated to be ~41% in 2019 and ~45% by the end of the forecast period in the global flexible packaging market. China and India, together, are projected to account for ~57% of the APAC flexible packaging market in 2019. In the APAC region, India & China are the highly emerging markets for the extended growth of the flexible packaging market. The need for convenience packaging is the ongoing trend in the flexible packaging market in the Asia Pacific region. The packaging type that can increase the barrier property against the external environment, along with providing sustainability, raises the sales of flexible packaging in the market.

North America holds approximately one-fourth of the global flexible packaging market share. However, it is expected to experience less growth as compared to the market in the APAC region over the forecast period.

Global Flexible Packaging Market: Competition Landscape

In the global market report on flexible packaging, a detailed competition landscape is discussed. Some of the key players in the global flexible packaging market that are included in the report are Amcor plc, Winpak Ltd., Sealed Air Corp, Sonoco Products Company, Berry Global Group, Inc., DS Smith Plc, and Coveris Holdings S.A.. These are the market leaders with a combined market share of ~5% of the global flexible packaging market.

Purchase our Premium Research Report at: https://www.transparencymarketresearch.com/checkout.php?rep_id=9839&ltype=S

Global Flexible Packaging Market: Classification

Flexible Packaging Market by Material

• Plastic
• Paper
• Metal
• Inorganic Oxides
• Adhesives & Coatings
• Others (Fabrics, Non-wood Pulp, etc.)

Flexible Packaging Market by Product

• Pouches
• Bags & Sacks
• Tubes
• Liners
• Sachets & Stick Packs
• Labels
• Tapes
• Films & Wraps

Flexible Packaging Market by End-use Industry

• Food
• Beverages
• Personal Care & Cosmetics
• Pharmaceuticals
• Electrical & Electronics
• Home Care
• Building & Construction
• Automotive
• Chemicals & Lubricants
• Other Industrial

Explore Latest Reports by TMR:

• Flexible Packaging for Healthcare Market – https://www.prnewswire.com/news-releases/need-to-limit-use-of-commonly-used-secure-packaging-amidst-continued-covid-19-presents-vast-opportunities-for-flexible-packaging-for-healthcare-market-growth-predicted-at-healthy-5-3-cagr-from-2020–2028—tmr-301268887.html
• Self-heating Food Packaging Market – https://www.prnewswire.co.uk/news-releases/rising-adoption-of-innovative-food-and-beverages-techniques-fuels-demand-opportunities-in-self-heating-food-packaging-market-821398768.html

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insights to thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyse information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com

Jessica Weisman-Pitts

Jesse Pitts has been with the Global Banking & Finance Review since 2016, serving in various capacities, including Graphic Designer, Content Publisher, and Editorial Assistant. As the sole graphic designer for the company, Jesse plays a crucial role in shaping the visual identity of Global Banking & Finance Review. Additionally, Jesse manages the publishing of content across multiple platforms, including Global Banking & Finance Review, Asset Digest, Biz Dispatch, Blockchain Tribune, Business Express, Brands Journal, Companies Digest, Economy Standard, Entrepreneur Tribune, Finance Digest, Fintech Herald, Global Islamic Finance Magazine, International Releases, Online World News, Luxury Adviser, Palmbay Herald, Startup Observer, Technology Dispatch, Trading Herald, and Wealth Tribune.