IMARC Group, a leading market research company, has recently releases report titled “Flexible Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global flexible packaging market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How big is the flexible packaging market?

What is flexible packaging?

Flexible packaging represents packages made of easily yielding and flexible materials that can be conveniently molded into various shapes. They are produced using the highest qualities of film, aluminum foil, paper, etc. Flexible packaging materials offer a comprehensive range of protective characteristics. They can acquire the shape of a pouch, bag, liner, etc., provide efficient resistance to extreme temperatures, and act as an efficient moisture-resistant sealant. As a result, flexible packaging products find extensive applications, across numerous sectors, including food and beverage (F&B), pharmaceuticals, cosmetics and personal care, e-commerce, etc.

Request for a free sample copy of this report: https://www.imarcgroup.com/flexible-packaging-market/requestsample

What are the growth prospects and trends in the flexible packaging industry?

The elevating product adoption in the F&B segment to pack ready-to-eat food items and other products that are often transferred from freezer to microwave to enhance their shelf-life, offer adequate heat and moisture barrier and ensure ease of use is primarily driving the flexible packaging market. In line with this, the increasing use of the packaging solution to pack meat, poultry, and seafood items, to improve sustainability, food safety, transparency, and reduction in food waste is acting as another significant growth-inducing factor. Moreover, the rising focus among leading manufacturers to develop sustainable and environmentally friendly packaging products, on account of the escalating concerns about the adverse impact of biodegradable polymers used for flexible packaging, is also positively influencing the global market.

Apart from this, the growing usage of flexible plastic packaging by the e-commerce segment, owing to its durable, waterproof, lightweight, and recyclable properties, is further stimulating the market growth. Additionally, the inflating demand for household essentials and medical items and the development of novel packaging products, such as compostable films, bag-in-box, collapsible pouches, etc., are anticipated to augment the flexible packaging market over the forecasted period.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Product Type

• Printed Rollstock
• Preformed Bags and Pouches
• Others

Breakup by Raw Material

• Plastic
• Paper
• Aluminium Foil
• Cellulose

Breakup by Printing Technology

• Flexography
• Rotogravure
• Digital
• Others

Breakup by Application

• Food and Beverages
• Pharmaceuticals
• Cosmetics
• Others

Breakup by Region:

• North America (U.S. & Canada)
• Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
• Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
• Latin America (Brazil, Mexico)
• Middle East & Africa

Who are the key players operating in the industry?

The report covers the major market players including:

• Amcor (NYSE: AMCR)
• Bemis Company
• Berry Global
• Mondi (LON: MNDI)
• Sealed Air (NYSE: SEE)
• Aluflexpack novi
• Bak Ambalaj Sanayi
• Constantia Flexibles
• Clondalkin Group
• Danaflex
• DS Smith (LON: SMDS)
• Glenroy
• Huhtamäki (HEL: HUH1V)
• Printpack and ProAmpac.

Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/flexible-packaging-market

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact US

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

USA: +1-631-791-1145 | Asia: +91-120-433-0800

Email: sales@imarcgroup.com

Follow us on Twitter: @imarcglobal

LinkedIn: https://www.linkedin.com/company/imarc-group/mycompany/