Flexible package is a container when filled can readily change in shape. Development in flexible films has led healthy growth in the overall industry. It is the second largest packaging segment because of its large beneficial properties. It is widely used in confectionaries, frozen food and FMCG sectors. Polymer, paper and aluminium material serve purpose to cover & protect the products and extend shelf life.
Increase in demand from healthcare, cosmetics & toiletries, food & beverages, household products, sporting goods and other agricultural products industries will drive global flexible packaging market growth. Shift in trends towards convenient packaging due to lightweight characteristic and ease of use may propel market growth.
Price volatility of raw materials is major restraint hindering the growth of global flexible packaging market. PVC, PE, and PET are the key raw materials used in the manufacturing of flexible packaging materials. These products are derived from crude oil and thus its price fluctuations affect the raw material pricing further constraining the use of flexible packaging for various applications. Fluctuating reseller margins coupled with the unavailability of raw materials contributes to price escalation. The wide supply-demand gap is contributing factor to the price volatility, particularly for PVC, owing to widespread applications. In addition, the refinery economics and alternatives to PVC production are key factors contributing to price fluctuations.
In 2019, the market size of Flexible Packaging and Materials is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of 4.7% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Flexible Packaging and Materials.
This report studies the global market size of Flexible Packaging and Materials, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Flexible Packaging and Materials production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
DAI NIPPON PRINTING
Market Segment by Product Type
Polymer [PE, PP, PET]
Market Segment by Application
Food & beverage
Key Regions split in this report: breakdown data for each region.
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Flexible Packaging and Materials status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Flexible Packaging and Materials manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Flexible Packaging and Materials are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025