1. Home
  2. > Packaging Market Trends
Flexible Packaging Market by Packaging Type, Printing Technology, End-user Industry, Material and Region - Global Forecast to 2027

Flexible Packaging Market by Packaging Type, Printing Technology, End-user Industry, Material and Region - Global Forecast to 2027

  • November 2022
  • 278 pages
  • ID: 6368580
  • Format: PDF
  • MarketsandMarkets

Summary

Table of Contents

Search Inside

The market for flexible packaging is approximated to be USD 248.9 billion in 2022, and it is projected to reach USD 315.5 billion by 2027 at a CAGR of 4.8%. Out of five packaging types (pouches, bags, roll stocks, films & wraps, and others), Pouches are the major packaging type of flexible packaging. Pouches have the largest market share because of its excellent properties, such as low weight, resale ability, vacuum sealing, low package-to-product ratio, and others. The demand for pouches is higher in the food and beverages industry, where these are used for packing several food items such as tea, coffee, milk, ketchup, and others.
• By Packaging Type, Pouches accounted for the highest CAGR during the forecast period

Pouches-based flexible packaging is widely used in packing various food items in the food and beverage industry; some of them are milk, tea, coffee, ketchup, and other food items.In addition to this, Pouches are ideal for bulk coffee packaging and food items such as dried or smoked meats.

They are easy to use, heat sealable, and available in convenient packaging with multiple sizes and formats. It is widely used in the food and beverages industry because of its excellent properties such as low weight, resale ablility, vacuum sealing, low package-to-product ratio, and others.
• By Material, Plastic accounted for the highest CAGR during the forecast period

Flexible packaging products are made up of various raw materials such as paper, plastic, and metal.Plastic flexible packaging products, such as pouches, and films, are used for packing various ranges of products such as soaps, detergents, snacks, namkeen, ketchup, chocolate, candies, and other food items.

The flexible plastic packaging market is expanding at a higher rate than its counterpart, rigid plastic packaging, serving a variety of functions from increasing shelf life and maintaining food safety to offering barrier protection from heat and pathogens and other external entities.

By End Use Industry, Personal care and cosmetics accounted for the highest CAGR during the forecast period
Flexible packaging offers the beauty industry packaging that resonates with educated and eco-conscious consumers.In addition to this, being airtight, it has a strong protective barrier material that aids in preserving the freshness of powder, gels, and oils sold by personal care and cosmetic firms.

Flexible Packaging products are used for packaging different products such as soaps, cosmetics & perfumes, and facial tissues & napkins.
• By Printing Technology, Flexography accounted for the highest CAGR during the forecast period

Flexography is widely used in flexible packaging printing.The flexography printing process involves image preparation, plate making, printing, and finishing.

The main difference between flexography and other printing processes is that it uses plates made of flexible materials, such as plastic, rubber, and UV-sensitive polymer. The inks used in flexography are of low viscosity, which enables the print to dry quickly and speed up the printing process, eventually saving production costs.

APAC is projected to account for the highest CAGR in the flexible packaging market during the forecast period
The fastest-growing flexible packaging market is occur in the Asia Pacific region.The various countries which are covered in this region are India, China, Japan, Australia, South Korea, and the Rest of Asia Pacific.

Countries such as India, China, and Japan are expected to rise in the flexible packaging market due to growing developmental activities and rapid economic expansion. In addition to this, rising urbanization in these countries results in representing a huge customer base for food, beverages, and FMCG products which led to the growth of the flexible packaging market in the forecast period.
• By Company Type: Tier 1: 35%, Tier 2: 40%, and Tier 3: 25%
• By Designation: C-level Executives: 40%, Directors: 35%, and Others: 25%

By Region: North America: 20%, Europe: 35%, Asia Pacific: 25%, Middle East & Africa: 15%, and South America: 5%.
Companies Covered: Huhtamaki Oyj (Finland), Berry Global Group Inc. (US), Amcor Limited. (Australia), Mondi Group.(UK), Sonoco Products Company (US), Westrock Company (US), Constantia Flexibles (Austria), Sealed Air Corporation (US), Transcontinental Inc (Canada), DS Smith (UK)

Research Coverage
The market study covers the Flexible Packaging market across various segments.It aims at estimating the market size and the growth potential of this market across different segments based on application, packaging type, material, and region.

The study also includes an in-depth competitive analysis of key players in the market, their company profiles, key observations related to their products and business offerings, recent developments undertaken by them, and key growth strategies adopted by them to improve their position in the flexible packaging market.

Key Benefits of Buying the Report
The report is expected to help the market leaders/new entrants in this market share the closest approximations of the revenue numbers of the overall flexible packaging market and its segments and sub-segments. This report is projected to help stakeholders understand the competitive landscape of the market, gain insights to improve the position of their businesses, and plan suitable go-to-market strategies. The report also aims at helping stakeholders understand the pulse of the market and provides them with information on the key market drivers, challenges, and opportunities

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Grace helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

ref:plp2022

Reportlinker.com © Copyright 2023. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on