INSIGHTS INDUSTRY VERTICALS NEWSROOM ABOUT TMR Home Packaging Packaging Flexible Packaging Market Flexible Packaging Market Trends, 2019 - 2027 Flexible Packaging Market (Material: (Plastic, Paper, Metal, Inorganic Oxides, Adhesives & Coatings, and Others; Product: Pouches, Bags & Sacks, Tubes, Liners, Films & Wraps, Labels, Tapes, and Sachets & Stick Packs; End-use Industry: Food, Beverages, Personal Care & Cosmetics, Pharmaceuticals, Electrical & Electronics, Home Care, Building & Construction, Automotive, Chemicals & Lubricants, and Other Industrial) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 - 2027 Packaging TMRGL9839 243 Pages Request Sample Enquiry Before Buying Request Brochure Report Preview Report Description Table of Contents Request Methodology Flexible Packaging Market: An overview In the current scenario of growing online sales and purchases, the demand for flexible packaging is increasing at a substantial pace. In addition, the inclination of consumers towards tangible and functional packaging as it is cost-effective, durable, and lightweight. The inclination of consumers towards tangible and functional packaging is growing. Plastic polymers are widely used in producing films for flexible packaging. This factor has augmented the demand for flexible packaging in form of bags, pouches, bags, and other flexible products. The increasing demand for flexible packaging will fuel the growth of the flexible packaging market during the forecast period of 2019-2017. Request a sample to get extensive insights into the Flexible Packaging Market Protective Characteristics of Flexible Packaging to Kickstart New Avenues in Flexible Packaging Market Flexible packaging is prominently used in packaging as it offers protection to the products and can be molded easily into different shapes as per the requirements. The flexible packaging market is gaining traction in packaging industries due to its protective characteristics acquired due to the combination of film paper and aluminum foil. The flexible packaging can be molded into any desired shape in form of pouches, bags, or overwraps. This aspect has contributed in the use of flexible packaging by end-use industries such as food, healthcare, cosmetics, and many others. In the food industry, the packaging is of utmost importance as it has to bear resistance for extreme temperatures due to its use in various gadgets with extreme temperature requirements such as refrigerators and microwave ovens. Further, flexible packaging is also used in the packaging of dairy products such as milk, curd, cheese, butter, and buttermilk. In the current times, flexible packaging has gained acceptance due to its utility aspect. Additionally, flexible packaging is a cost-effective option to minimize storage issues and it also preserves the quality of food. Apart from the food industry, flexible packaging is being used in other sectors such as nutraceuticals and pharmaceuticals due to its convenience aspects. However, the pharmaceuticals industry is growing at a steady pace and is expected to expand at a CAGR of 6% during the forecast period of 2019-2017. The ongoing developments and advancements in packaging systems have spurred the growth of the flexible packaging market. To understand how our report can bring difference to your business strategy, Ask for a brochure Endorsement for Biodegradable Materials in Flexible Packaging to Prognosticate Market Growth Select License Type $5795 Single User license $8795 Multi-User license $11795 Corporate license Buy Now Trending Reports Cling Film Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024 Child-resistant Blister Lidding Films Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2026 Additive Masterbatch Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2026 Self-sealing Corrugated Shipper Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2031 Corrugated Board Packaging Market - Global Industry Analysis, Size, COVID-19 A Global Pandemic Request the coronavirus impact analysis on Flexible Packaging Market Get COVID-19 Analysis Frequently Asked Questions The growing trend regarding environmental hazards has proved to be one of the driving factors for the growth of the flexible packaging market. The packaging industries are shifting their focus towards reusable, recyclable, and biodegradable packaging material with characteristics such as, reliability, safety, and transparency. Stuck in a neck-to-neck competition with other brands? Request a custom report on Flexible Packaging Market Asia Paci fi c to Lead Flexible Packaging Market Owing to Ongoing Trend of Convenience Packaging The Asia Pacific is expected to hold near about one-third of the revenue share of the global flexible packaging market. The share of the regional market was approximately 41% in 2019 and is forecast to be around 45% by the end of the forecast period. Countries like India and China have witnessed a substantial growth trajectory in the global flexible packaging market due to increasing demand especially in food and pharmaceutical industries in form of sachets and stick packets. However, the increasing need for convenience packaging in emerging markets has escalated the growth of the flexible packaging market. North America follows the Asia Pacific regions in terms of growth and around one-fourth of the flexible packaging market share in 2018. Pouches, sachets, and sticks are popular forms of flexible packaging in this region. Thus, North America is expected to exhibit lucrative growth in the flexible packaging market. Product Innovation Strategies by Key Players to Fuel Flexible Packaging Market Growth The global flexible packaging market is highly fragmented. The major players are focusing on maintaining their market dominance by investing in the expansion of their businesses. They are concentrating on collaborations with mergers and acquisitions, partnerships, and joint ventures to increase their reach. For instance, Sealed Air Corporation took over MGM’s flexible packaging business in February 2019, to cater to the growing demand for flexible packaging in the Asia Pacific. Various R&D activities are being conducted to replace plastic components with bio composite materials. The key market players of the global flexible packaging market are DS Smith Plc, Sonoco Products Company, Amcor plc, Sealed Air Corp, Berry Global Group, and Winpak Ltd. What is the Flexible Packaging Market Size? ❯ Who are the key players in the Flexible Packaging Market? ❯ What is the CAGR for Flexible Packaging Market? ❯ What are the segments covered in the Flexible Packaging Market Report? ❯ Which Region Lead Flexible Packaging Market? ❯ Share, Growth, Trends, and Forecast 2018 - 2026 Custom Market Research Services TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough. 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