Flexible Plastic Packaging Market Forecast and Trends Analysis Research Report 2

Posted by nikita manwar on November 26th, 2020

Global Flexible Plastic Packaging Market Insights

This global study conducted by GMI Research provides an overview of the existing market trends, drivers, restrictions, and metrics and also offers a viewpoint for different segments. The market report tracks the overall demand growth during the forecast period. A regional study of the market is also carried out in North America, Asia-Pacific, Europe, and the Rest of the World. The report indicates growth parameters in the regional markets, along with leading players that are dominating the industry.

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Competitive Landscape:

The leading organizations covered in the Flexible Plastic Packaging Market are:

• Amcor Limited
• Sealed Air Corporation
• Constantia Flexibles Group GmBH
• Mondi Group
• Bemis Company Inc.
• Huhtamaki Oyj
• Berry Plastics Group Inc.
• Reynolds Group Holdings
• Wipak
• Coveris Holdings S.A.
•  

Drivers of the Flexible Plastic Packaging Market:

The significant factors responsible for the growth of the flexible plastic packaging market during the forecast period include high consumer income, increase in modern retailing, and growth in e-commerce activities, particularly in the emerging countries. Moreover, the rising demand for flexible plastics in pharmaceutical packaging, due to growing health awareness among consumers and the increasing popularity of convenient packaging are further propelling market growth. In addition to this, the factors surging the market growth in the upcoming years include cost-effectiveness and performance advantages of lightweight bags and pouches, improved shelf life of the product, and rising industrial demand for downgauging, along with high demand from the end-use industries, particularly food & beverages. Additionally, rising inclination towards user-friendly packaging as well as enhancing demand from food & beverage and healthcare industries across the world are some other factors accelerating the growth of the flexible plastic packaging market at a global level.

Based on the region, Asia-Pacific is expected to dominate the market during the forecast period due to increased demand for fast-moving consumer goods by the people, particularly in emerging countries such as India and China. Moreover, North America is projected to grow at a higher CAGR during the forecast period due to maturity and development in the flexible plastic packaging market.

Key Benefits offered by the Flexible Plastic Packaging Market report:

• This study represents the analytical depiction of the Flexible Plastic Packaging Market along with the ongoing trends and future estimations to determine the imminent investment pockets.
• The report provides detailed information related to market drivers, restraints, and growth opportunities, followed by the analysis of the Flexible Plastic Packaging Market share.

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Segmentation of the Flexible Plastic Packaging Market:

The Flexible Plastic Packaging Market has been categorized into the following segments:

Breakup by Type:

• Stand-Up Pouches
• Flat Pouches
• Rollstock
• Gusseted Bags
• Wicketed Bags
• Wraps
• Others

Breakup by Material:

• Plastic Films
• Paper
• Aluminium Foil
• Bioplastics

Breakup by Application:

• Food & Beverages
• Healthcare
• Cosmetics & Toiletries
• Others

Breakup by Region:

• North America
  • United States of America
  • Canada

• Asia Pacific
  • China
  • Japan
  • India
  • Rest of APAC
• Europe
  • United Kingdom
  • Germany
  • France
  • Spain
  • Rest of Europe
• RoW
  • Brazil
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a market research and consulting company that offers business sights and market research reports for every enterprise, be it small and medium enterprises or large organization. Our research team helps the clients to understand the importance and impact of the market dynamics. We have a team of industry experts that provides unbiased insights on reports to best meet the specific needs of our clients. GMI Research’s analysts rely on secondary research to lay down the foundation of every report. We use both internal and external databases to cull out relevant information about the industry. Our main aim is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client, through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.

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