According to IMARC Group’s latest report, titled “Flexible Packaging Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026 the global — flexible packaging market reached a value of US$ 119.3 Billion in 2020. Looking forward, the market is expected to exhibit moderate growth during 2021-2026.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Flexible packaging is primarily manufactured by using easily reformed materials that could be molded into different shapes. It is usually made by combining numerous materials, such as high-quality paper, film, aluminum foil, etc. These materials can be shaped into pouches, bags, liners, overwraps, etc. Consequently, flexible packaging is extensively used across diverse sectors, food processing, consumer products, cosmetics, pharmaceuticals, etc.
Request Free Sample Report: https://www.imarcgroup.com/flexible-packaging-market/requestsample
The increasing demand for processed food items due to the on-the-go consumption habits is further augmenting the adoption of flexible packaging in the food sector. Furthermore, the rising consumer awareness towards several benefits of flexible packaging pertaining to food safety, effective permeability, longer shelf life, convenience, etc., is also propelling the market growth. The market is further catalyzed by numerous technological advancements leading to emergence of innovative and advanced product variants. A significant growth in the pharmaceutical and nutraceutical sectors are also bolstering the demand for flexible packaging. In the coming years, the growing popularity of sustainable and recyclable packaging alternatives will continue to spur the growth of the global flexible packaging market.
Ask Analyst and Browse Full Report with TOC & List of Figure: https://www.imarcgroup.com/flexible-packaging-market
List of Key Companies Covered in this Market Report:
Amcor (NYSE: AMCR)
Mondi (LON: MNDI)
Sealed Air (NYSE: SEE)
Bak Ambalaj Sanayi
DS Smith (LON: SMDS)
Huhtamäki (HEL: HUH1V)
Printpack and ProAmpac.
The report has segmented the market on the basis of product type, raw material, printed technology, application and geography.
Breakup by Product Type
Preformed Bags and Pouches
Breakup by Raw Material
Breakup by Printing Technology
Breakup by Application
Food and Beverages
Breakup by Geography:
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
Key highlights of the report:
Market Performance (2015-2020)
Market Outlook (2021- 2026)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Related Report by IMARC Group:
Agricultural Packaging Market Report: https://www.imarcgroup.com/agricultural-packaging-market
Organic Substrate Packaging Material Market Report: https://www.imarcgroup.com/organic-substrate-packaging-material-market
Plastic Additives Market Report: https://www.imarcgroup.com/plastic-additives-market
Thermoplastic Vulcanizates Market Report: https://www.imarcgroup.com/thermoplastic-vulcanizates-market
Polyethylene Furanoate Films Market Report: https://www.imarcgroup.com/polyethylene-furanoate-films-market
Masterbatch Market Report: https://www.imarcgroup.com/masterbatch-market
Polyurethane (PU) Foam Market Report: https://www.imarcgroup.com/polyurethane-foam-market
Fermentation Chemicals Market Report: https://www.imarcgroup.com/fermentation-chemicals-market
Antistatic Agents Market Report: https://www.imarcgroup.com/antistatic-agents-market
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 biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, and nanotechnology industries. We also provide cost model and manufacturing setup project reports through Syndicated Analytics, a subsidiary of IMARC Group.
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.
Release ID: 89041501