Dublin, Dec. 12, 2018 (GLOBE NEWSWIRE) -- The "Flexible Packaging Market By Material (Plastics, Paper, Aluminum Foil, Bioplastics), Design Type (Stand-Up Pouch, Spouted Pouch, Gusseted Bags, Rollstocks, Blisters, Wraps) - Global Opportunity Analysis And Industry Forecast To 2023" report has been added to ResearchAndMarkets.com's offering.
Global flexible packaging market is expected to reach USD 243.7 billion by 2023, at a CAGR of 3.7% in the forecast period from 2018
The growth of this market is mainly driven by factors such as downgauging of plastic films, shift from traditional rigid packaging to flexible packaging, easy transportation and storage along with sustainable properties, increasing consumer focus on convenience and sustainability, and improving barrier properties.
Also, the introduction of specialty films in the packaging industry, proliferation of bio-based plastics films, emerging markets, falling crude oil prices, and shift in food service from frozen to map packaged products will further fuel the growth of flexible packaging market. However, stringent government regulations and increasing raw material prices restrict the growth of this market to some extent.
The report gives an extensive outlook on various industries/facilities served by the flexible packaging providers. These industries include food and beverage, pharmaceuticals, household and personal care, tobacco products, industrial and chemical products, and oil and lubricants.
An in-depth analysis of the geographical scenario of the industry provides detailed qualitative and quantitative insights about the five major geographies (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa) along with the coverage of major countries in each region. The geographic analysis provides detailed insights on the key trends of the industry in the listed regions & countries, identifying the demographic & economic impact, government & private investments, and regulatory scenario. The report identifies Asia-Pacific being the largest market followed by North America, Europe, and Rest of World. The geographical analysis section also comments on the key market players shaping the growth of the industry in the respective countries.
The report also includes the competitive landscape based on extensive assessment of the key strategic developments adopted by leading market participants in the industry over the past 4 years (2015-2018). The market players employed various strategies to expand their product offerings, global footprint, and augment their market share. The key strategies followed by most companies in the global flexible packaging market include agreements, partnerships, & collaborations; new product launches; mergers & acquisitions; and expansion.
Key Topics Covered:
1. Introduction
1.1. Market Ecosystem
1.2. Currency and Limitations
1.3. Key Stakeholders
2. Research Methodology
2.1. Research Process
2.1.1. Secondary Research
2.1.2. Primary Research
2.1.3. Market Size Estimation
3. Executive Summary
4. Market Insights
4.1. Introduction
4.2. Drivers
4.2.1. Downgauging of Plastic Films
4.2.2. Shift from Traditional Rigid Packaging to Flexible Packaging
4.2.3. Increasing Consumer Focus on Convenience and Sustainability
4.2.4. Growing Food Losses and Wastes
4.2.5. Improving Barrier Properties
4.3. Restraints
4.3.1. Stringent Government Regulations
4.3.2. Increasing Raw Material Prices
4.4. Opportunities
4.4.1. Growing Adoption of Specialty Films
4.4.2. The Proliferation of Bio-Based Plastic Films Imply a Promising Growth for the Flexible Packaging Materials
4.4.3. Shift in Food Service from Frozen to Map Packaged Products
4.4.4. Falling Crude Oil Prices
4.4.5. Emerging Markets
4.5. Challenges
4.5.1. Inefficient Filling System
4.5.2. Recyclability
4.6. Market Share Analysis, by Key Players
4.7. Industry Composition-Supply Chain
5. Global Flexible Packaging Market, by Material Type
5.1. Introduction
5.2. Plastics
5.2.1. Polyethylene (PE)
5.2.2. Polypropylene (PP)
5.2.3. Polyethylene Terephthalate (PET)
5.2.4. Polyvinyl-Chloride (PVC)
5.2.5. Polystyrene (PS)
5.2.6. Others
5.3. Paper
5.4. Aluminum Foil
5.5. Bioplastics
5.6. Recycled Cellulose Fiber
6. Global Flexible Packaging Market, by Design Type
6.1. Introduction
6.2. Pouches
6.2.1. Standup Pouches
6.2.2. Flat Pouches
6.2.3. Spouted Pouches
6.3. Bags and Trays
6.3.1. Gusseted Bags
6.3.2. Wicketed Bags
6.4. Rollstocks
6.5. Squeezable Bottles
6.6. Blisters
6.7. Wraps
7. Global Flexible Packaging Market, by Industry Vertical
7.1. Introduction
7.2. Food and Beverages
7.3. Medical and Pharmaceuticals
7.4. Home & Personal Care
7.5. Tobacco Products
7.6. Industrial & Chemical Products
7.7. Oil & Lubricants
8. Global Flexible Packaging Market, by Geography
8.1. Introduction
8.2. North America
8.2.1. U.S.
8.2.2. Canada
8.2.3. Mexico
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. U.K.
8.3.4. Italy
8.3.5. Spain
8.3.6. Rest of Europe
8.4. Asia-Pacific
8.4.1. China
8.4.2. India
8.4.3. Australia
8.4.4. Japan
8.4.5. Rest of Asia-Pacific
8.5. Rest of World
8.5.1. Latin America
8.5.2. Middle-East and Africa
9. Competitive Landscape
9.1. Introduction
9.2. Alliance and Acquisitions
9.3. New Product Launches
9.4. Partnerships, Agreements, and Collaborations
9.5. Expansion
10.Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/684sbm/global_243_7?w=12
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