Flexible Packaging Global Outlook Report 2024-2030 - Potential Opportunities for Flexible Packaging Market in the Pet Food Market
Flexible Packaging Market
Dublin, March 28, 2024 (GLOBE NEWSWIRE) -- The "Flexible Packaging - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.
The global market for Flexible Packaging estimated at US$208.7 Billion in the year 2023, is projected to reach a revised size of US$360.2 Billion by 2030, growing at a CAGR of 7.1% over the analysis period 2023-2030.
Plastic Packaging, one of the segments analyzed in the report, is projected to record 7% CAGR and reach US$233.4 Billion by the end of the analysis period. Growth in the Paper Packaging segment is estimated at 6.3% CAGR for the next 8-year period.
The Flexible Packaging market in the U.S. is estimated at US$49.9 Billion in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$85.6 Billion by the year 2030 trailing a CAGR of 8.6% over the analysis period 2023 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.7% and 6% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 5.5% CAGR.
Key Market Trends & Drivers
Key Attributes of Flexible Packaging Drive Adoption in Various End-Use Industries
Sustained Demand from Food Sector Provides Healthy Growth Opportunities for Flexible Packaging Market
Rising Consumer Focus on Convenience & Consequent Rise in Sales of Packaged Foods Drive Market Gains
Flexible Packaging Ensures Increased Food Hygiene & Food Safety
Popular Types of Flexible Packaging Solutions for Food Industry
Plastic Packaging Continues to Find Favor in F&B Industry
Food Consumption Patterns to Influence Market Prospects
Snacking Culture Pushes Up Demand for Flexible Packaging
Changing Consumer Preferences Influence Packaging Design Changes
Flexible Packaging Solutions for the Beverage Industry
Non-Food Flexible Packaging Solutions: Trends in Manufacturing Sector Determine Growth
Industrial Manufacturing Activity to Influence Growth Trends
Pharmaceutical Industry: A Promising Application for Flexible Packaging
Common Flexible Packaging Solutions Use in Pharma Industry
Demand Grows for Integrated and Flexible Packaging Solutions in Pharma Industry
Novel Packaging Solutions Transform Pharmaceutical Industry
Beauty and Personal Care Industry Emerges as a Promising End-Use Market for Flexible Packaging Solutions
Personal Care Companies Show Inclination Towards Sustainable Flexible Packaging Products
Cosmetics Industry Increasingly Chooses Flexible Packaging Solutions
Pet Food: Potential Opportunities for Flexible Packaging Market
Customized Packaging - A Key Trend
Single Serve Packaging: Driven by Convenience
Innovations in Flexible Packaging for Pet Food
Rise in Consumer Electronics Sales Augur Well for the Market
Plastic Flexible Packaging Captures a Significant Share of the Global Market
Pollution Concerns Impact Flexible Plastic Packaging Market
Paper Emerges as a Sustainable Flexible Packaging Option
Food Industry Remains the Prime Market for Flexible Paper Packaging
Bioplastics Flexible Packaging: A Mix of Performance and Sustainability
BOPP Film Market Benefits from Flexible Packaging Demand
Sustainability Emerges as a Key Factor Influencing Growth in Flexible Packaging Market
Material Options for Compostable and Biodegradable Flexible Packaging
Standup Pouches Market: Poised for Growth
Snacking Trend Boosts Stand-up Pouches Market
Growth of Aseptic Packaging Presents Favorable Outlook
Lightweight Plastic Contribute to the Growth of Standup Pouches Market
Food Application to Drive Gains in Standup Pouches
E-Commerce Boom Presents Opportunity for Flexible Packaging Market
Digitalization Catches Up Flexible Packaging
Appealing Colors & Unique Designs Enhance Flexible packaging
An Overview of Future Trends in the Flexible Packaging Market
Emphasis on Packaging Convenience & Packaging Individualization
Growing Role of Technology
Product Marketing and Market Competition
Changes in Shopping Patterns and Consumer Lifestyle
Rising Importance of Sustainable Packaging
PU Adhesives Augment Flexible Packaging
Compostable Packaging Makes its Mark
Packaging Design Trends to Impact Market
Innovations in Flexible Packaging Materials to Boost Growth
A Review of Innovative & Sustainable Flexible Packaging Solutions
Developments in Sachet & Pouch Production
Market to Benefit from Pouch Packaging Innovations
Advancing Digital Printing Technology: Significant Impact on Flexible Packaging Market
Innovations in Materials Recycling
Though Difficult to Recycle, Flexible Packaging Continues to be 'Green' Solution
Complications with Recycling Flexible Packaging
Favorable Demographic & Economic Trends Strengthen Market Prospects
Challenges Facing the Flexible Packaging Industry
Lack of Adequate Recycling Infrastructure Facilities: A Key Challenge
Plastic Packaging Remains a Major Environmental Concern
The report features profiles of 340+ featured companies. A selection of companies in the report includes:
Ball Corporation
Cascades, Inc.
Bischof + Klein SE & Co. KG
Ab Rani Plast Oy
Achaika Plastics SA
Anchor Packaging, Inc.
Carton Pack SpA
Consolidated Container Company
C-P Flexible Packaging
Amerplast Ltd.
Aeroflex USA, Inc.
AR Packaging Group AB
Bryce Corporation
Aluflexpack
Advanced Packaging Technology
Key Attributes:
Report Attribute | Details |
No. of Pages | 938 |
Forecast Period | 2023 - 2030 |
Estimated Market Value (USD) in 2023 | $208.7 Billion |
Forecasted Market Value (USD) by 2030 | $360.2 Billion |
Compound Annual Growth Rate | 8.1% |
Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
An Introduction to Flexible Packaging
Flexible Packaging Materials
Plastic Film
Types of Plastic Films
Paper
Aluminum Foil
Flexible Packaging Formats
Major End-Use Markets of Flexible Packaging
Global Market Prospects & Outlook
Pouches Preferred for Packaging of Food & Agricultural Products
Food & Beverage: The Leading Application Segment
Emerging Economies Spearhead Growth in Flexible Packaging Market
Competition
Competition Drives M&A Activity in Flexible Packaging Market
World Brands
Recent Market Activity
Flexible Packaging - Global Key Competitors Percentage Market Share in 2023 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
United States
Canada
Japan
China
Europe
France
Germany
Italy
United Kingdom
Spain
Russia
Rest of Europe
Asia-Pacific
Australia
India
South Korea
Rest of Asia-Pacific
Latin America
Argentina
Brazil
Mexico
Rest of Latin America
Middle East
Iran
Israel
Saudi Arabia
United Arab Emirates
Rest of Middle East
Africa
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/u5kpym
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