- Category : Manufacturing and Transportation
- Region : Global
- Publishing Date : 07/19/2020
Global Flexible Packaging Market, By Product (Pouches, Bags, Wraps), Material (Plastic, Flexible Foam, Paper, Aluminium Foil), End-user and, Region – Industry Analysis and Forecast to 2024
The global flexible packaging market is expected to grow from USD 224.6 billion in 2019 to USD 245.1 billion by 2024 at a CAGR of 5.1%.
This market research report provides an in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in flexible packaging market. The historic years considered for the study are 2015-2017, base year is 2018, estimated year is 2019, and forecast period is 2020-2024.
Key players operating in the flexible packaging market are Ampac Holdings, LLC, Amcor Limited, Constantia Flexibles Group GmbH, Bemis Company, Inc., Sonoco Products Company, Mondi Group, Coveris Holdings S.A., Sealed Air Corporation, Clondalkin Group Holdings B.V., Wipak Group, Bischof + Klein International, Goglio Group, AR Packaging, Schur Flexibles, Flair Flexible Packaging Solution, Clondalkin Group, Suedpack Verpackungen, Cellpack Packaging, ExxonMobil, ACTEGA GmbH, Berry Plastic Group
Market Definition
Materials that are packaged using flexible and easy yielding materials are called flexible packaging. Flexible packaging is done using various materials such as plastic, paper, metal, etc., and has the vivid property of protecting products from contamination and external environment. This type of packaging is cost-effectiveness, durability, and light weight. The Food & Beverages industry has been the largest end user of flexible packaging.
Market Drivers
• Increased shelf life of the product
• Reduced size of packaging
Market Restraints
• Stringent regulations imposed by governing authorities
Market Opportunities
• Evolution of modern packaging technologies
Market Challenges
• Dependence on eco-friendly raw materials
Reginal Analysis
Regionally, Favourable government policies and plans for production and use of thermoplastic polymers in flexible packaging is supporting the market in the APAC region. Also easy availability of raw maw material with low cost labour are creating new growth opportunities for the new emergent. European market is largely influenced by consumer preferences and need for long shelf life of food & beverage products in colder regions. However, stringent government regulations with ban on certain materials used for manufacturing pouches is pressurising the manufacturers and is hindering the flexible packaging market growth.
Critical Questions Answered in the Report
What are the key trends in the flexible packaging market?
How the market (and its various sub segments) has grown in last four years and what would be the growth rate in next five years?
What are the key strategies adopted by the major vendors to lead in the flexible packaging market?
What is the market share of the top vendors?
The study extensively uses both secondary and primary research methodologies. More than 100 industry experts from different phases of the value chain (supply side, demand side, resellers/distributors, and independent consultants) were interviewed to gain key insights about the market and validate the research findings. Secondary sources referred for the research study include company websites, annual reports, paid database tools, investor presentations, webinars, blogs, news/journals, whitepapers, survey papers, associations, and government websites. All the collected data and insights were then processed using our proprietary data mining software that executes various algorithms to make projections for the forecast period.
1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Architecture
2.3 Scope of the Study
2.4 Related Stakeholders
3 Research Methodology
3.1 Introduction
3.2 Primary Research
3.2.1 Key Insights
3.2.2 Breakdown of Primary Interviews
3.3 Secondary Research
3.3.1 Important Sources
3.4 Market Size Estimation Approaches
3.4.1 Top-Down Approach
3.4.2 Bottom-Up Approach
3.4.3 Data Triangulation
3.5 List of Assumptions
4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Increased shelf life of the product
4.2.2 Reduced size of packaging
4.2.3
4.3 Restraints
4.3.1 Stringent regulations imposed by governing authorities
4.4 Opportunities
4.4.1 Evolution of modern packaging technologies
4.5 Challenges
4.5.1 Dependence on eco-friendly raw materials
4.6 Porter's Five Forces Model Analysis
4.7 Value Chain Analysis
4.8 Regulatory Landscape
5 Flexible Packaging Market , By Product
5.1 Introduction
5.2 Pouches
5.3 Bags
5.4 Wraps
6 Flexible Packaging Market , By Material
6.1 Introduction
6.2 Plastic
6.3 Flexible Foam
6.4 Paper
6.5 Aluminium Foil
7 Flexible Packaging Market , By End-User
7.1 Introduction
7.2 Food & Beverages
7.3 Pharmaceutical & Medical
7.4 Personal Care
7.5 Household Care
8 Flexible Packaging Market , By Region
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 France
8.3.4 Italy
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia-Pacific
8.4.1 China
8.4.2 India
8.4.3 Japan
8.4.4 South Korea
8.4.5 Rest of Asia-Pacific
8.5 Middle East and Africa
8.6 South America
9 Competitive Landscape
9.1 Introduction
9.2 Vendor Evaluation Criteria
9.3 Market Share Analysis, 2019 (%)
9.4 Recent Developments, 2016-2019
9.4.1 New Product Launches
9.4.2 Partnerships
9.4.3 Mergers or Acquisitions
9.4.4 Business Expansions
10 Company Profiles
(This section covers the Business Overview, Financial Overview, Product and Service Offerings, Recent Developments, SWOT Analysis, and Key Strategies of the top market vendors. The given sequence does not represent their rankings in the market.)
10.1 Ampac Holdings, LLC
10.2 Amcor Limited
10.3 Constantia Flexibles Group GmbH
10.4 Bemis Company, Inc.
10.5 Sonoco Products Company
10.6 Mondi Group
10.7 Coveris Holdings S.A.
10.8 Sealed Air Corporation
10.9 Clondalkin Group Holdings B.V.
10.10 Wipak Group
10.11 Bischof + Klein International
10.12 Goglio Group
10.13 AR Packaging
10.14 Schur Flexibles
10.15 Flair Flexible Packaging Solution
10.16 Clondalkin Group
10.17 Suedpack Verpackungen
10.18 Cellpack Packaging
10.19 ExxonMobil
10.20 ACTEGA GmbH
10.21 Berry Plastic Group
11 Appendix
11.1 Discussion Guide
11.2 Customization Options
11.3 Related Reports
List of Tables
Table 1 Flexible Packaging Market , By Product, 2015-2024 (USD Million)
Table 2 Flexible Packaging Market , By Material, 2015-2024 (USD Million)
Table 3 Flexible Packaging Market , By End-User, 2015-2024 (USD Million)
Table 4 Flexible Packaging Market , By Region, 2015-2024 (USD Million)
Table 5 North America Flexible Packaging Market , By Country, 2015-2024 (USD Million)
Table 6 North America Flexible Packaging Market , By Product, 2015-2024 (USD Million)
Table 7 North America Flexible Packaging Market , By Material, 2015-2024 (USD Million)
Table 8 North America Flexible Packaging Market , By End-User, 2015-2024 (USD Million)
Table 9 US Flexible Packaging Market , By Product, 2015-2024 (USD Million)
Table 10 US Flexible Packaging Market , By Material, 2015-2024 (USD Million)
Table 11 US Flexible Packaging Market , By End-User, 2015-2024 (USD Million)
Table 12 Canada Flexible Packaging Market , By Product, 2015-2024 (USD Million)
Table 13 Canada Flexible Packaging Market , By Material, 2015-2024 (USD Million)
Table 14 Canada Flexible Packaging Market , By End-User, 2015-2024 (USD Million)
Table 15 Mexico Flexible Packaging Market , By Product, 2015-2024 (USD Million)
Table 16 Mexico Flexible Packaging Market , By Material, 2015-2024 (USD Million)
Table 17 Mexico Flexible Packaging Market , By End-User, 2015-2024 (USD Million)
Table 18 Europe Flexible Packaging Market , By Country, 2015-2024 (USD Million)
Table 19 Europe Flexible Packaging Market , By Product, 2015-2024 (USD Million)
Table 20 Europe Flexible Packaging Market , By Material, 2015-2024 (USD Million)
Table 21 Europe Flexible Packaging Market , By End-User, 2015-2024 (USD Million)
Table 22 Germany Flexible Packaging Market , By Product, 2015-2024 (USD Million)
Table 23 Germany Flexible Packaging Market , By Material, 2015-2024 (USD Million)
Table 24 Germany Flexible Packaging Market , By End-User, 2015-2024 (USD Million)
Table 25 UK Flexible Packaging Market , By Product, 2015-2024 (USD Million)
Table 26 UK Flexible Packaging Market , By Material, 2015-2024 (USD Million)
Table 27 UK Flexible Packaging Market , By End-User, 2015-2024 (USD Million)
Table 28 France Flexible Packaging Market , By Product, 2015-2024 (USD Million)
Table 29 France Flexible Packaging Market , By Material, 2015-2024 (USD Million)
Table 30 France Flexible Packaging Market , By End-User, 2015-2024 (USD Million)
Table 31 Italy Flexible Packaging Market , By Product, 2015-2024 (USD Million)
Table 32 Italy Flexible Packaging Market , By Material, 2015-2024 (USD Million)
Table 33 Italy Flexible Packaging Market , By End-User, 2015-2024 (USD Million)
Table 34 Spain Flexible Packaging Market , By Product, 2015-2024 (USD Million)
Table 35 Spain Flexible Packaging Market , By Material, 2015-2024 (USD Million)
Table 36 Spain Flexible Packaging Market , By End-User, 2015-2024 (USD Million)
Table 37 Rest of Europe Flexible Packaging Market , By Product, 2015-2024 (USD Million)
Table 38 Rest of Europe Flexible Packaging Market , By Material, 2015-2024 (USD Million)
Table 39 Rest of Europe Flexible Packaging Market , By End-User, 2015-2024 (USD Million)
Table 40 Asia-Pacific Flexible Packaging Market , By Country, 2015-2024 (USD Million)
Table 41 Asia-Pacific Flexible Packaging Market , By Product, 2015-2024 (USD Million)
Table 42 Asia-Pacific Flexible Packaging Market , By Material, 2015-2024 (USD Million)
Table 43 Asia-Pacific Flexible Packaging Market , By End-User, 2015-2024 (USD Million)
Table 44 China Flexible Packaging Market , By Product, 2015-2024 (USD Million)
Table 45 China Flexible Packaging Market , By Material, 2015-2024 (USD Million)
Table 46 China Flexible Packaging Market , By End-User, 2015-2024 (USD Million)
Table 47 India Flexible Packaging Market , By Product, 2015-2024 (USD Million)
Table 48 India Flexible Packaging Market , By Material, 2015-2024 (USD Million)
Table 49 India Flexible Packaging Market , By End-User, 2015-2024 (USD Million)
Table 50 Japan Flexible Packaging Market , By Product, 2015-2024 (USD Million)
Table 51 Japan Flexible Packaging Market , By Material, 2015-2024 (USD Million)
Table 52 Japan Flexible Packaging Market , By End-User, 2015-2024 (USD Million)
Table 53 South Korea Flexible Packaging Market , By Product, 2015-2024 (USD Million)
Table 54 South Korea Flexible Packaging Market , By Material, 2015-2024 (USD Million)
Table 55 South Korea Flexible Packaging Market , By End-User, 2015-2024 (USD Million)
Table 56 Rest of Asia-Pacific Flexible Packaging Market , By Product, 2015-2024 (USD Million)
Table 57 Rest of Asia-Pacific Flexible Packaging Market , By Material, 2015-2024 (USD Million)
Table 58 Rest of Asia-Pacific Flexible Packaging Market , By End-User, 2015-2024 (USD Million)
Table 59 Middle East and Africa Flexible Packaging Market , By Product, 2015-2024 (USD Million)
Table 60 Middle East and Africa Flexible Packaging Market , By Material, 2015-2024 (USD Million)
Table 61 Middle East and Africa Flexible Packaging Market , By End-User, 2015-2024 (USD Million)
Table 62 South America Flexible Packaging Market , By Product, 2015-2024 (USD Million)
Table 63 South America Flexible Packaging Market , By Material, 2015-2024 (USD Million)
Table 64 South America Flexible Packaging Market , By End-User, 2015-2024 (USD Million)
List of Figures
Figure 1 Flexible Packaging Market : Market Segmentation
Figure 2 Flexible Packaging Market : Research Methodology
Figure 3 Breakdown of Primary Interviews
Figure 4 Top Down Approach
Figure 5 Bottom Up Approach
Figure 6 Data Triangulation
Figure 7 Flexible Packaging Market : Drivers, Restraints, Opportunities, and Challenges
Figure 8 Flexible Packaging Market : Porter's Five Forces Model Analysis
Figure 9 Flexible Packaging Market : Value Chain Analysis
Figure 10 Flexible Packaging Market Share Analysis, By Product, 2019 and 2024
Figure 11 Flexible Packaging Market Share Analysis, By Material, 2019 and 2024
Figure 12 Flexible Packaging Market Share Analysis, By End-User, 2019 and 2024
Figure 13 Flexible Packaging Market Share Analysis, By Region, 2019 and 2024
Figure 14 North America Flexible Packaging Market Share Analysis, By Country, 2019 and 2024
Figure 15 North America Flexible Packaging Market Share Analysis, By Product, 2019 and 2024
Figure 16 North America Flexible Packaging Market Share Analysis, By Material, 2019 and 2024
Figure 17 North America Flexible Packaging Market Share Analysis, By End-User, 2019 and 2024
Figure 18 Europe Flexible Packaging Market Share Analysis, By Country, 2019 and 2024
Figure 19 Europe Flexible Packaging Market Share Analysis, By Product, 2019 and 2024
Figure 20 Europe Flexible Packaging Market Share Analysis, By Material, 2019 and 2024
Figure 21 Europe Flexible Packaging Market Share Analysis, By End-User, 2019 and 2024
Figure 22 Asia-Pacific Flexible Packaging Market Share Analysis, By Country, 2019 and 2024
Figure 23 Asia-Pacific Flexible Packaging Market Share Analysis, By Product, 2019 and 2024
Figure 24 Asia-Pacific Flexible Packaging Market Share Analysis, By Material, 2019 and 2024
Figure 25 Asia-Pacific Flexible Packaging Market Share Analysis, By End-User, 2019 and 2024
Figure 26 Middle East and Africa Flexible Packaging Market Share Analysis, By Product, 2019 and 2024
Figure 27 Middle East and Africa Flexible Packaging Market Share Analysis, By Material, 2019 and 2024
Figure 28 Middle East and Africa Flexible Packaging Market Share Analysis, By End-User, 2019 and 2024
Figure 29 South America Flexible Packaging Market Share Analysis, By Product, 2019 and 2024
Figure 30 South America Flexible Packaging Market Share Analysis, By Material, 2019 and 2024
Figure 31 South America Flexible Packaging Market Share Analysis, By End-User, 2019 and 2024
Figure 32 Flexible Packaging Market : Competitive Benchmarking
Figure 33 Flexible Packaging Market : Vendor Share Analysis, 2019 (%)