Feb 24, 2022   SOURCE: BusinessWire

Worldwide Flexible Packaging Industry to 2027 - Featuring Amcor, Bemis Company and Mondi Among Others - ResearchAndMarkets.com

The "Flexible Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.

The global flexible packaging market size reached US$ 124.9 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 162.4 Billion by 2027, exhibiting a CAGR of 4.5% during 2022-2027.

Companies Mentioned

  • Amcor
  • Bemis Company
  • Berry Global
  • Mondi
  • Sealed Air
  • Aluflexpack novi
  • Bak Ambalaj Sanayi
  • Constantia Flexibles
  • Clondalkin Group
  • Danaflex
  • DS Smith
  • Glenroy
  • Huhtamaki
  • Printpack
  • ProAmpac

Keeping in mind the uncertainties of COVID-19, they are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Packaging is often termed as an economical means of providing protection, convenience, containment and compliance to a product during its storage, transportation, display, and usage. Flexible packaging refers to a package made of flexible and easily yielding materials that can be easily molded into different shapes. Flexible packaging is one of the rapidly growing segments of the packaging industry, combining the highest qualities of film, paper, and aluminum foil to provide a wide range of protective characteristics. These flexible packages can acquire the shape of a pouch, liner, bag or overwrap and it can resonate with any type of packaging.

Various applications of flexible packaging in the food industry include packaging of ready-to-eat food items, boil-in-bag pouches, and foods that are often transferred from freezer-to-microwave. Packaging used for freezer-to-microwave type food is resistant to high temperature extremes and is a good moisture-resistant sealant as well. The non-food product applications of flexible packaging include insulation, cosmetics, and healthcare. The market is growing rapidly with flexible packaging ensuring food safety, enhanced value of food products, extended shelf-life, heating and moisture barrier, effective permeability, and ease of use. Consumers are also preferring this packaging type because of its commitment to convenience, aesthetic appeal and durability

Catalyzed by advancements in packaging technology, the global demand of flexible packaging material is exhibiting strong growth. Moreover, the popularity of flexible packaging among consumers has also increased as it is a cost-effective alternative for storage issues, minimizes product wastage along with keeping the food safe and healthy. The pharmaceuticals and nutraceuticals industry have also been driving the demand of flexible packaging as it provides such industries with a sustainable and recyclable alternative that are based on polymers. Other factors that are currently driving the market include customizing ability, safety assurance, reusability, transparency, reliability, etc

Key Question Answered in this Report

1. What was the size of the global flexible packaging market in 2021?

2. What are the key factors driving the global flexible packaging market?

3. What has been the impact of COVID-19 on the global flexible packaging market?

4. What is the breakup of the global flexible packaging market based on the product type?

5. What is the breakup of the global flexible packaging market based on the raw material?

6. What is the breakup of the global flexible packaging market based on the printing technology?

7. What is the breakup of the global flexible packaging market based on the application?

8. What are the key regions in the global flexible packaging market?

9. Who are the key players/companies in the global flexible packaging market?

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Flexible Packaging Market

5.1 Market Overview

5.2 Market Performance

5.3 Impact of COVID-19

5.4 Market Breakup by Product Type

5.5 Market Breakup by Raw Material

5.6 Market Breakup by Printing Technology

5.7 Market Breakup by Application

5.8 Market Breakup by Region

5.9 Market Forecast

5.10 SWOT Analysis

5.11 Value Chain Analysis

5.12 Porters Five Forces Analysis

5.13 Price Analysis

6 Market Breakup by Product Type

7 Market Breakup by Raw Material

8 Market Breakup by Printing Technology

9 Market Breakup by Application

10 Market Breakup by Region

11 Flexible Packaging Manufacturing Process

11.1 Product Overview

11.2 Raw Material Requirements

11.3 Manufacturing Process

11.4 Key Success and Risk Factors

12 Competitive Landscape

12.1 Market Structure

12.2 Key Players

12.3 Profiles of Key Players

For more information about this report visit https://www.researchandmarkets.com/r/cad9a1